171 Madison AveLoveland, CO 80537

Property Details for 171 Madison Ave

Year built

1987

Construction

STEEL FRAME

Lot size

0.26 AC

Property size (Sq ft)

4,549 SF

Property type

Industrial properties

Property subtype

Loft space

APN

95241-65-171

APU

9524165171

Description

This exceptional 4,459-square-foot industrial flex space is ideally situated in central Loveland, Colorado, at 171 S Madison Ave, 80537. The property offers a versatile open-concept layout, perfect for a variety of businesses. Key features include a 16-foot-wide by 12-foot-high overhead door, providing easy access for loading and unloading. The space is equipped with a floor drain, 240v 3-phase power, and air conditioning for optimal functionality and comfort. The building also boasts a well-appointed interior with an open office area, two bathrooms, a spacious shop/warehouse area, and a convenient breakroom. The property's sprinkler system ensures fire safety. A seller leaseback option is available for approximately 1,000+ square feet, offering flexibility for potential buyers. This property presents a unique opportunity to acquire a well-maintained, centrally located industrial flex space in the thriving Larimer County market. The asking price is $875,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,347,718

  6.5%

  $1,244,047

  7%

  $1,155,186

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,851,494

  Geo Method

  $582,550

• Alternative Use

  Use

  Valuation

  Residential

  $1,244,047

  Hospitality

  $1,139,540

  Educational

  $948,084

  Medical

  $980,690

  Retail

  $1,474,798

Location Insight

City

Loveland

County

Larimer

State

Colorado

Latitude

40.3917

Longitude

-105.06

CBSA code

22660

CBSA name

FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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