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Gerald Mayo

mayo@estesparkteamrealty.com +1(970) 215-5757

$ 595,000

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1625 E 15th Loveland, CO 80538

0.44 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Mckee Meadows

MLS Listing ID IRE1070458

HOA Y/N No

Annual Tax Amount $8,617

Tax Year 2025

Lot Size 0.440 Acres

Acres 0.44

Property Sub-Type Mixed Use

Source ires

Property Description

Rare Multifamily Development Opportunity in Loveland! A fantastic opportunity to bring your next investment project to life at 1625 E. 15th Street in Loveland. This vacant, multifamily-zoned lot offers a significant head start on development, with approximately $250,000 in infrastructure improvements completed since the land was purchased, including sewer line construction and preparation for an eight-unit multifamily project. Water Rights for the property have been paid, estimated at $100K, adding further value for the next owner. The seller's architectural plans feature eight 2-bedroom, 2-bathroom units, including two ADA-accessible units. The plans were previously approved and expired in August 2025, providing a starting point as you pursue new permits or bring your own vision. There may also be an opportunity to explore building more units-or fewer-depending on your plans and applicable City of Loveland requirements. Think of this property as a blank slate for your next project. Explore the possibilities, whether you envision a multifamily investment or a different configuration that aligns with your goals. With substantial infrastructure work already completed, the sewer lines prepared for development, and water fees paid, you can take the next step toward bringing your vision to life. A soil test is available upon request. Located in the McKee Meadows subdivision, the property offers convenient access to shopping, medical facilities, and Interstate 25. Current proposed projects: Projected gross annual rental income of approximately $240,000, based on estimated rents of $2,500 per month for each of eight units. Bring your vision and explore the potential of this well-positioned Loveland development opportunity!

Location

State CO

County Larimer

Community Mckee Meadows

Area Loveland/Berthoud

Zoning B

Direction From I25 & US-34 west to North Boise Ave turn right and right onto E 15th St. From US-287 S to E 37th St turn left, continue until Madison Ave turn right, left onto E19th St, right onto N Boise Ave, left onto E 15th S

Exterior

Utilities Available Natural Gas Available

View Y/N Yes

View City

Improvements No

Garage No

Building

Lot Description City Limits, Paved, Curbs, Gutters, Sidewalks, Street Light, Alley, Fire Hydrant within 500 Feet, Water Rights Included

Sewer Public Sewer

Water Public

Schools

Elementary Schools Monroe

Middle Schools Ball (Conrad)

High Schools Thompson R2-J

School District Thompson R2-J

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by Kyle Basnar

NEARBY SCHOOLS & PROPERTIES

Gerald Mayo

Broker License ID: 1322538

+1(970) 215-5757

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Colorado

Gerald Mayo

1625 E 15th Loveland, CO 80538

Key Details

Location

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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1625 E 15th