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    7102 La Vista Pl unit 203 Longmont, CO 80503

    View on Map
    For Lease
    $16 SF/Yr

    COMMERCIAL - Longmont, CO

    Type:Office
    Lot size:
    2.36 Acres
    Added:
    Apr 18, 2025
    Days on Market:
    348
    Last Refresh:
    Mar 31 at 7:06 pm

    Property Features for 7102 La Vista Pl unit 203

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Zoning
    C
    Appliances
    Some Furniture, Fire Alarm, Kitchenette
    Standard status
    Active
    APN
    R0127966
    Lot size
    2.36 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxAnnualAmount
    5

    Utilities

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

    Building Details

    Year built
    1997
    Building materials
    Frame, Brick, Stucco
    Roof type
    Composition

    We can help!

    Listing Contact
    Rachel Bomgaars

    Listing agent Rachel Bomgaars

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

    Listing date Apr 18, 2025

    MLS# 1031548

    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

    Niwot Office Condo with Views

    This second-story office condo is located in Niwot, Colorado, and offers views of open natural space and the Flatirons. The space includes a private entrance and a dedicated balcony. Inside are two private offices, each equipped with a fireplace. There is also a versatile open area suitable for shared workstations, collaborative space, or a reception/waiting area. A shared kitchenette and a private restroom with a shower are included. The property is located just off Highway 119, providing access to both Boulder and Longmont. The location is suitable for businesses seeking visibility and connectivity in a scenic setting. The lot size is 2.36 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dharma Ocean Charitable Organization Integrative Psychiatry Center Physician CareSpan Gym & Fitness Center Easy Move Company Big Box & Wholesale Store

    Suggested Use

    Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Gym & Fitness Center Auto Parts Store Department Store Skin Care Clinic Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Longmont
    County
    Weld
    State
    Colorado
    Longitude
    -105.18733
    Latitude
    40.09337

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    FAQs

    What type of property is this?
    Office units - Bright office condo in Niwot with mountain views and fireplaces.
    Where is this office units located?
    The property is located at 7102 La Vista Pl unit 203 Longmont, CO.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Stunning Flatirons views from a private balcony.; Conveniently located in Niwot, with easy access to Boulder and Longmont.; Two private offices, each featuring a cozy fireplace.
    (970) 290-4198
    We can help!
    Listing Contact
    Rachel Bomgaars
    Learn More
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    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
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