Add Listing
    For Sale
    • 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

    600 S Main St Longmont, CO 80501

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $4,250,000

    Prime corner property in Longmont, suitable for automotive or other uses.

    Lot size:
    2.28 Acres

    Property Features for 600 S Main St

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    2.28 Acres

    Building Details

    Year built
    1950

    We can help!

    Listing Contact
    Mark Kelley
    Source: Elliman

    Listing Agency: RIVERLAND REAL PROPERTY Listing Agent: Mark Kelley

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

    Learn more

    Overview

    Longmont Automotive Property For Sale

    This property, formerly occupied by Stevinson Hyundai, is available for sale. The lease is held by Asbury Automotive, who purchased Stevinson, and remains in effect until 3/31/2025. Situated on a prime corner in Longmont, the property is suitable for automotive or other uses. The city of Longmont is open to various uses compatible with area plans.
    Location Intelligence

    Current Use by Public Records

    Stevinson Hyundai of Longmont ... Auto Parts Store HGH Therapy Clinic ... Health Counselor

    Suggested Use

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

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

    Similar Places Nearby

    Avis Car Rental, Budget Car Rental, A-Plus Self Services Storage, Penske Truck Rental, U-Haul Neighborhood Dealer

    Location Insight

    • Map
    • Local Demand
    City
    Longmont
    County
    Weld
    State
    Colorado
    Longitude
    -105.1012523
    Latitude
    40.1518214

    Nearby Similar for Sale

    • New
      $550,000
      Pending

      5.8 Acres Land with Residence

      5.8-acre investment property with existing residence and utilities.
      5818 County Road 22, Longmont, CO 80504
      View Details
    • New
      $800,000
      3,186 SF

      Longmont Multifamily Property with Units

      Four-unit multifamily property in Longmont with off-street parking.
      832 S Bowen St, Longmont, CO 80501
      View Details
    • $450,000
      2.36 Acres

      Niwot Office Condo with Views

      Bright office condo in Niwot with mountain views and fireplaces.
      7102 La Vista Pl, Longmont, CO 80503
      View Details
    • $1,350,000
      0.27 Acres

      Longmont Mixed-Use Redevelopment Opportunity

      Three-story brick building with redevelopment potential in Longmont, Colorado.
      24 9Th Ave, Longmont, CO 80501
      View Details
    • $140,000
      0.99 Acres

      Longmont Office Condo For Sale

      Second-floor office condo near Main Street with ample parking.
      2050 Terry St, Longmont, CO 80501
      View Details
    • $730,000
      35.00 Acres

      Productive Irrigated Farm in Longmont

      35-acre farm in Boulder County with irrigation.
      9025 Woodland Rd, Longmont, CO 80503
      View Details
    • $525,000

      Established Car Wash on Corner Lot

      Turnkey car wash business and real estate in Longmont, Colorado.
      390 Pratt St, Longmont, CO 80501
      View Details
    • $750,000

      Main Street Retail Opportunity

      Prime retail space with high visibility and built-in foot traffic.
      624 Main St, Longmont, CO 80501
      View Details
    • $485,000
      4,736 SF

      Longmont Medical Office Redevelopment Opportunity

      4,736 SF medical office building for sale in Longmont.
      1350 Stuart St, Longmont, CO 80501
      View Details
    • $329,000
      875 SF

      Garage Condo in Lyons Business Park

      Well-equipped garage condo ideal for storage, business, or light industry.
      13782 E I25 Frontage Rd, Longmont, CO 80504
      View Details
    • $950,000

      Modern Day Care Center Condo

      Commercial condo with long-term tenant and outdoor playground.
      630 15Th Ave, Longmont, CO 80501
      View Details
    • $485,000

      Longmont Corner Site Near Hospital

      0.32-acre MU-N zoned site near Longmont United Hospital.
      1350 Stuart St, Longmont, CO 80501
      View Details

    FAQs

    What type of property is this?
    Automotive property - Prime corner property in Longmont, suitable for automotive or other uses.
    Where is this automotive property located?
    The property is located at 600 S Main St Longmont, CO.
    What is the asking price?
    The asking price for this property is $4,250,000.
    What are key features of this property?
    This property features: - Prime corner location in Longmont.; - Suitable for automotive use or other businesses.; - Lease in place with Asbury Automotive (purchaser of Stevinson) until 3/31/2025.
    (303) 759-6662
    Request Owner's contact information
    600 S Main St Longmont, CO 80501
    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.
    600 S Main St
    Longmont, CO 80501
    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
    600 S Main St Longmont, CO 80501
    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
    Mark Kelley
    (303) 759-6662 (303) 888-6660
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!