914 6Th StLoveland, CO 80537

Property Details for 914 6Th St

Year built

1967

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.39 AC

Property size (Sq ft)

11,100 SF

Property type

Assisted living facilities

Property subtype

Retirement homes

APN

95143-22-002

APU

9514322002

Description

This exceptional 12,280 sq ft, two-story commercial building in Loveland, CO, presents a remarkable development or renovation opportunity. Built in 1967, the brick and siding structure was originally designed as a medical facility, featuring a main level with a reception area, waiting room, 18 exam rooms, multiple private offices, open office space, nurses' stations, restrooms, and storage. The second floor offers open cubicle space, private offices, a break room, laundry room, and a restroom with a shower. A partially unfinished basement provides mechanical and storage space. The property sits on approximately 0.62 acres (eight city lots), including roughly 15,000 sq ft of asphalt. Current zoning allows for diverse uses, including childcare facilities, places of assembly, schools (with variations), boarding houses, and some residential development, subject to City of Loveland approval. Detailed zoning information is available in supplemental documents. Note that some information and measurements are derived from a recent appraisal. The property is easily accessible for viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $2,592,394

  6.5%

  $2,392,979

  7%

  $2,222,052

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,351,934

  Geo Method

  $1,054,644

• Alternative Use

  Use

  Valuation

  Residential

  $3,035,595

  Hospitality

  $2,780,588

  Educational

  $2,313,417

  Medical

  $2,392,979

  Retail

  $3,598,648

Location Insight

City

Loveland

County

Larimer

State

Colorado

Latitude

40.3972

Longitude

-105.09

CBSA code

22660

CBSA name

FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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