$600,000
●
Land -
For Sale
621 Split Rock Dr
Loveland, CO 80537
Studio
0 Bath
$4,856
Est. Monthly
$1,018
HOA / Fees
About This Property
Great chance to purchase a Planned Unit Development (PUD) with
commercial and/or residential uses. The lot can accommodate and is
approved for up to 9 residential townhome or condominium dwelling
units. The project is approved by the City of Loveland and all
utilities are on, or directly adjacent to the lot. Subject to
building elevations, a specific site development plan and a
building application, it is ready to build on. Raw water will need
to be purchased separately for the completion of the water taps.
All approved development plans are available for your review and
use. All other documents may be requested and will be made
available by the owner.
Unit Size
-
Days on Market
-
Land Size
1.39 acres
Price per sqft
-
Property Type
Land
Property Taxes
$892
HOA Dues
$1,018
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 12 months ago (IRES MLS #1046266)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2025 | Listed by Group Greeley | $600,000 | |
| Listed by Group Greeley | |||
| Sep 18, 2025 | No longer available | - | |
| No longer available | |||
| Nov 6, 2024 | Listed by eXp Realty LLC | $600,000 | |
| Listed by eXp Realty LLC | |||
| | |||
|
Great chance to purchase a Planned Unit Development (PUD) with commercial and/or residential uses. The lot can accommodate and is approved for up to 9 residential townhome or condominium dwelling units. The project is approved by the City of Loveland and all utilities are on, or directly adjacent to the lot. Subject to building elevations, a specific site development plan and a building application, it is ready to build on. Raw water will need to be purchased separately for the completion of the water taps. All approved development plans are available for your review and use. All other documents may be requested and will be made available by the owner.
| |||
Property Highlights
With View
Exterior Details
Lot Features: Level, City Lot, Curbs, Gutters, Sidewalks, Within City Limits
Lot Size Area: 60561
Lot Size Units: Square Feet
Lot Size Acres: 1.39
Lot Size Square Feet: 60561
Water Source: City Water, City of Loveland
Financial Details
Tax Annual Amount: $10,707
Utilities Details
Sewer : City Sewer
Location Details
HOA Fee: $1,018
HOA Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Loveland
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Listed by: Mitch Benner, Group Greeley
Last Updated: 12 months ago
Data Source: IRES MLS, MLS# 1046266
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.
Last Updated: 12 months ago
Data Source: IRES MLS, MLS# 1046266
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