Loveland CarMax property sells for $7M
LOVELAND — The CarMax Inc. (NYSE: KMX) location in Loveland was sold this month for $7.075 million, but the dealership intends to stay on the property.
A subsidiary registered to Lakewood resident Richard Ross bought the underlying property at 3760 Byrd Drive from a subsidiary registered to American Eagle Properties Inc. president Jerry Helgeson. The deal closed May 15.
The parcel last changed hands in 2015 for $6.765 million, according to Larimer County property records. County assessors last valued the land and buildings at $3.88 million.
SPONSORED CONTENT
Select your Republic Services residential cart now!
In preparation for Republic Services becoming the primary provider of residential recycling, yard trimmings, and trash, residents should now select the best cart size and service schedule for their household needs.
A spokesperson for CarMax said the company will continue to operate as usual.
© 2020 BizWest Media LLC
LOVELAND — The CarMax Inc. (NYSE: KMX) location in Loveland was sold this month for $7.075 million, but the dealership intends to stay on the property.
A subsidiary registered to Lakewood resident Richard Ross bought the underlying property at 3760 Byrd Drive from a subsidiary registered to American Eagle Properties Inc. president Jerry Helgeson. The deal closed May 15.
The parcel last changed hands in 2015 for $6.765 million, according to Larimer County property records. County assessors last valued the land and buildings at $3.88 million.
A spokesperson for CarMax said the company will continue…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!
