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    291 15Th St Burlington, CO 80807

    For Sale
    $450,000

    Turnkey Medical Office, Excellent Location

    Property size:
    2,508 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 2,508 square foot medical office building, situated on a 0.32-acre lot at 291 15th Street in Burlington, Colorado, presents a unique investment opportunity. Constructed in 1962, this single-story brick building boasts a solid foundation and has recently undergone exterior improvements, enhancing its curb appeal and market value. The interior layout is designed for optimal functionality, featuring four well-appointed examination rooms, ensuring patient privacy and comfort. Three bathrooms are included, with two recently remodeled to modern standards, improving accessibility and enhancing the overall patient experience. Large windows throughout the building allow ample natural light, creating a welcoming atmosphere for both staff and patients. The property also offers convenient parking for staff and visitors, a crucial element for a busy medical practice. Its strategic location ensures easy patient access. The building is currently available for sale at $450,000, and leasing options are also available. The 2022 property taxes were $2,248. This turnkey solution combines the reliability of a well-established structure with contemporary upgrades, making it an ideal choice for medical professionals seeking a ready-to-occupy space.

    Property Features for 291 15Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,508 SF
    Lot Size
    13,939 SF

    Building Details

    Year Built
    1962
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical Clinic Medical Clinic Kuhn Martha Medical Laboratory Medical Clinic: Ferris ... Medical Clinic Smith Pam Nursing Agency Nantida Hong Internist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Kit Carson
    State
    Colorado
    Longitude
    -102.2697
    Latitude
    39.30328

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    FAQs

    What type of property is this?
    Commercial real estate - Turnkey Medical Office, Excellent Location
    Where is this commercial real estate located?
    The property is located at 291 15Th St Burlington, CO.
    What is the asking price?
    The asking price for this property is $450,000.
    (719) 346-5420
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    Realmo Value Estimation

    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.

    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.

    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
    291 15Th St Burlington, CO 80807
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