Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    652 N County Road 3 Johnstown, CO 80534

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $5,533,286

    39 acres of land near established commercial area.

    Property size:
    39 SF
    Lot size:
    39.16 Acres

    Property Features for 652 N County Road 3

    General Information

    Size
    39 SF
    Lot size
    39.16 Acres

    Building Details

    Year built
    1890

    We can help!

    Listing Contact
    Lauren Larsen
    Source: Naiglobal

    Listing Agent: Lauren Larsen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Development Land Near Highway 34

    This 39-acre property is suitable for residential or industrial development. It includes 37 units of CBT water and a 1/2 share of Farmer's Ditch. The site is located approximately 1/2 mile south of Highway 34 along County Road 3 (Highplains Blvd) in Johnstown. It is adjacent to the 2534 master-planned community, which includes SCHEELS, High Country Beverage, U.S. AutoForce, PODS, Kroger, and other retailers and restaurants. Nearby users include the FedEx distribution center, Carrier West, and Canyon Bakehouse. The site is bordered by the Great Western Railway and is surrounded by amenities, entertainment, services, and health care. It is located in one of Northern Colorado's fastest-growing trade areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Auto Parts Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnstown
    County
    Weld
    State
    Colorado
    Longitude
    -104.95931
    Latitude
    40.398033

    Nearby Similar for Sale

    • $5,950,000

      Restaurant Opportunity Near I-25

      Turnkey restaurant or redevelopment opportunity near I-25 and Highway 34.
      4801 Thompson Pkwy, Johnstown, CO 80534
      View Details
    • $1,850,000

      Northern Colorado Commercial Building For Sale

      8,192 SF building with four garages and fenced yard.
      6155 County Road 56, Johnstown, CO 80534
      View Details
    • $1,850,000

      8,192 SF Building For Sale

      8,192 SF building with four garages in Johnstown, CO.
      County Road 56, Johnstown, CO 80534
      View Details
    • $17,971,250

      New Concrete Tilt-Up Construction

      Two industrial buildings in a growing Northern Colorado community.
      4565 Venture Dr, Johnstown, CO 80534
      View Details
    • $17,971,250

      New Concrete Tilt-Up Construction

      Two buildings in a rapidly growing Northern Colorado master-planned community.
      4565 Venture Dr, Johnstown, CO 80534
      View Details
    • $5,600,000

      Class A Industrial/Flex Building

      Modern industrial/flex building with drive-in and drive-thru doors.
      4615 Venture Dr, Johnstown, CO
      View Details
    • $9,485,000
      13,100 SF

      Class A Retail Center

      Premier multi-tenant retail center in Northern Colorado for sale.
      4884 Larimer Pkwy, Johnstown, CO 80534
      View Details
    • $280,000
      750 SF

      Downtown Johnstown Retail Building

      Retail building ideal for coffee shop, bakery, or tea room.
      116 W Charlotte St, Johnstown, CO 80534
      View Details
    • $528,753

      Flex Space For Sale

      Flex and industrial spaces available for purchase.
      5378 Ronald Reagan Blvd, Johnstown, CO 80534
      View Details
    • $6,700,000

      Multi-Tenant Investment Industrial Ensemble

      Industrial property with outside storage and easy I-25 access.
      6766 E County Road 18, Johnstown, CO 80534
      View Details
    • $911,624
      1 SF

      Prime Johnstown Commercial Land

      1.7 Acres, High-Visibility Location
      Nwc Centennial Dr & Parish Ave, Johnstown, CO 80534
      View Details
    • $6,700,000
      32,168 SF

      Johnstown Industrial Investment Opportunity

      High-yield multi-tenant industrial complex.
      6766 County Road 18, Johnstown, CO 80534
      View Details

    FAQs

    What type of property is this?
    Land - 39 acres of land near established commercial area.
    Where is this land located?
    The property is located at 652 N County Road 3 Johnstown, CO.
    What is the asking price?
    The asking price for this property is $5,533,286.
    What are key features of this property?
    This property features: - Prime development land adjacent to the established 2534 master-planned community with major retailers and restaurants.; - Includes 37 units of CBT water and 1/2 share of Farmer's Ditch.; - Located in the path of Northern Colorado's fastest-growing trade areas.
    (970) 691-8866
    Request Owner's contact information
    652 N County Road 3 Johnstown, CO 80534
    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.
    652 N County Road 3
    Johnstown, CO 80534
    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
    652 N County Road 3 Johnstown, CO 80534
    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

    We can help!
    Listing Contact
    Lauren Larsen
    (970) 691-8866
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.