Old Town Lafayette Mixed-Use
For Sale
$1,400,000
Pending
107 N Public Road, Lafayette, CO 80026
Mixed-use property in Old Town Lafayette with retail and residential.
Property Size5,595 SF
Days on Market227
Property Features for 107 N Public Road
General Information
Standard status
Pending
Size
5,595 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$3,696
Building Details
Year Built
1951
Listing Agency:
Realty Ventures
Listed By:
Andre Debakker · License #40015559
(303) 829-4509
Source:
Exitrealty
Added: Mar 2
Changed: Oct 4
Last Checked: Oct 4 at 6:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Ventures
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Investment Insights
Based on property information with market context.
Located in the heart of Old Town Lafayette, Colorado, this property features a mix of residential and commercial spaces. The property includes a duplex, a house, an apartment building, and a street-facing retail building. Currently, three units are rented. Renovation could allow for the rental of three additional apartments, half of the duplex, the house, and additional retail space. The property may qualify for Colorado Enterprise Zone designation. The bike score is 41, indicating it is somewhat bikeable, and the walk score is 25, indicating car-dependence.
Key Highlights
- Prime location in the heart of Old Town Lafayette, Colorado.
- Multi‑building property including a duplex, house, apartment building, and retail building.
- Three units are currently rented, providing immediate income.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$104,585
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,091,700
$2.1M
Cap Rate 7%
$1,494,071
$1.5M
Cap Rate 9%
$1,162,056
$1.2M
Market Conditions
NOI Build-Up for 5,595 SF
Gross rent
$159.8K $28.56/SF
− Vacancy
−$10.4K −$1.86/SF
EGI
$149.4K $26.70/SF
− OpEx
−$44.8K −$8.01/SF
NOI
$104.6K $18.69/SF
Area
Boulder County, CO
Vacancy
6.50%
Lease Rate
$28.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,091,700
Cap Rate 7%
$1,494,071
Cap Rate 9%
$1,162,056
Alternative Uses
Best Use
Multifamily LT 5
$1.49M
$1.31M – $1.74M
NOI $104,585 @ 7.0% cap · market cap 7.47%
Second Best
Apartment 5plus
$1.39M
$1.22M – $1.62M
NOI $97,399 @ 7.0% cap · market cap 6.96%
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,166 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,091
Businesses Nearby
Explore this area
Business Placement
Demographics for 80026, CO
32,318
Population
14,209
Households
2.3
Avg Household Size
39
Median Age
66%
College-Educated
96%
High-School Grad
22.5 sq mi
ZIP Area
1,436
Density / Sq Mi
$115,031
Median Household Income
$59,937
Median Earnings
$2,054
Median Rent
$664,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property in Old Town Lafayette with retail and residential.
Where is this mixed-use property located?
The property is located at 107 N Public Road Lafayette, CO.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Prime location in the heart of Old Town Lafayette, Colorado.; Multi‑building property including a duplex, house, apartment building, and retail building.; Three units are currently rented, providing immediate income.
