Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5978 Iris Pkwy unit A Longmont, CO 80504

    View on Map
    For Lease
    $15 SF/Yr

    COMMERCIAL - Longmont, CO

    Lot size:
    4.33 Acres
    Added:
    Jan 20, 2025
    Days on Market:
    435
    Last Refresh:
    Mar 31 at 7:06 pm

    Property Features for 5978 Iris Pkwy unit A

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Property condition
    Under Construction
    Zoning
    Industrial
    Rooms
    Basement
    Standard status
    Active
    APN
    R7538299
    Lot size
    4.33 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Space Heater, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2025
    Building materials
    Metal Siding, Metal Frame, Floor: Concrete
    Roof type
    Metal

    We can help!

    Listing Contact
    Craig C Hau

    Listing agent Craig C Hau

    Listing office Group Harmony 2803 E Harmony Rd, Fort Collins, CO

    Listing date Jan 20, 2025

    MLS# 1024948

    Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Longmont Industrial Office/Warehouse Unit

    Available for lease is an industrial office/warehouse unit located in Longmont, Colorado. The unit features an open reception area, two private offices, a coffee/wet bar, and a storage room. It also includes two half-bathrooms and ample warehouse space. The warehouse is equipped with 2 - 14' x 14' grade-level overhead doors. The total monthly rent is $8,625.00, plus utilities: gas, electric, trash, internal janitorial, internet, and phone (if applicable). The property is zoned for industrial use and is situated on a 4.33-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Longmont
    County
    Weld
    State
    Colorado
    Longitude
    -104.94513
    Latitude
    40.11043

    Nearby Similar for Lease

    • $9/mo

      Longmont Industrial Park Flex Space

      Versatile flex space in Longmont Industrial Park available for sublease.
      711 S Bowen St, Longmont, CO 80501
      View Details
    • Contact for pricing

      Downtown Longmont Commercial Space Available

      Prime Main Street location, flexible layout, historic building with classic charm.
      941 Main St, Unit B1, Longmont, CO 80501
      View Details
    • $16/mo

      Niwot Office Condo with Views

      Bright office condo in Niwot with mountain views and fireplaces.
      7102 La Vista Pl unit: 203, Longmont, CO 80503
      View Details
    • $16/mo

      Renovated Office Space in Longmont

      Turn-key office space with modern finishes and ample amenities.
      755 Delaware Avenue, Longmont, CO
      View Details
    • Contact for pricing

      Longmont Flex Office with Storage

      Flex office space with shop area and outdoor storage.
      10767 Turner Blvd, Longmont, CO
      View Details
    • Contact for pricing

      Downtown Longmont Office Space

      290 SF office space in vibrant downtown Longmont.
      251 Main St, Longmont, CO
      View Details
    • $14/mo

      Longmont Waterfront Flex Space Available

      Updated flex spaces on the scenic St. Vrain River.
      105 S Sunset St, Longmont, CO
      View Details
    • $20/mo

      Prime Corner Retail/Office Space

      High-visibility retail/office spaces in Longmont's historic downtown.
      202 Main Street, Longmont, CO, 80501
      View Details
    • $13/mo

      Longmont Retail Space For Lease

      Retail spaces available in southwest Longmont with high foot traffic.
      800 S Hover St, Longmont, CO
      View Details
    • $13/mo

      Longmont Flex Space Available

      Large flex space with offices, warehouse, and convenient amenities.
      1821 Lefthand Cir, Longmont, CO
      View Details
    • Contact for pricing

      Class A Office Space Available

      Longmont Class A office space with mountain views for rent.
      825 Delaware Ave, Longmont, CO
      View Details
    • $20/mo

      Longmont Office Space For Rent

      Versatile office space available in north Longmont's FirstBank building.
      1707 Main St, Longmont, CO
      View Details

    FAQs

    What type of property is this?
    Flex space - Industrial office/warehouse unit available for lease in Longmont, Colorado.
    Where is this flex space located?
    The property is located at 5978 Iris Pkwy unit A Longmont, CO.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Ample warehouse space with TWO 14' x 14' GRADE‑LEVEL OVERHEAD DOORS.; Two private offices and open reception area.; New construction (Year Built: 2025).
    (970) 229-0700
    We can help!
    Listing Contact
    Craig C Hau
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!