Longmont Flex Space For
For Sale
$1,159,000
1920 Pike Rd, Longmont, CO 80501
Stand-alone building in SW Longmont, ideal for owner-user.
Property Size5,040 SF
Price / SF$229.96
Days on Market167
Property Features for 1920 Pike Rd
General Information
Standard status
Active
Size
5,040 SF
Building Details
Year Built
1984
Listing Agency:
The Colorado Group
Listed By:
Jason Kruse · License #ER.040003091
(303) 449-2131
Source:
Thestrohmangroup
Added: Apr 24
Changed: Sep 6
Last Checked: Oct 5 at 11:59PM
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 The Colorado Group
Investment Insights
Based on property information with market context.
This stand-alone building, situated in Southwest Longmont, is suitable for an owner-user. The property features full HVAC and the possibility of grade-level overhead door loading. On-site parking is available. The location has a bike score of 73, indicating it is very bikeable, a walk score of 47, indicating car-dependent surroundings, and a transit score of 32, suggesting some transit options.
Key Highlights
- Stand‑alone building ideal for owner‑user.
- Enjoy 100% HVAC coverage.
- Extensive build‑out already in place.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,017
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,260,340
$1.3M
Cap Rate 7%
$900,243
$900.2K
Cap Rate 9%
$700,189
$700.2K
Market Conditions
NOI Build-Up for 5,040 SF
Gross rent
$105.8K $21.00/SF
− Vacancy
−$8.9K −$1.76/SF
EGI
$96.9K $19.24/SF
− OpEx
−$33.9K −$6.73/SF
NOI
$63.0K $12.50/SF
Area
Boulder County, CO
Vacancy
8.40%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,260,340
Cap Rate 7%
$900,243
Cap Rate 9%
$700,189
Alternative Uses
Best Use
Flex RnD
$900.2K
$787.7K – $1.05M
NOI $63,017 @ 7.0% cap · market cap 5.44%
Second Best
Industrial
$872.7K
$763.6K – $1.02M
NOI $61,091 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,445 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
661
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80501, CO
42,822
Population
19,173
Households
2.2
Avg Household Size
38
Median Age
39%
College-Educated
89%
High-School Grad
12.6 sq mi
ZIP Area
3,399
Density / Sq Mi
$77,705
Median Household Income
$42,599
Median Earnings
$1,586
Median Rent
$461,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Flex space - Stand-alone building in SW Longmont, ideal for owner-user.
Where is this flex space located?
The property is located at 1920 Pike Rd Longmont, CO.
What is the asking price?
The asking price for this property is $1,159,000.
What are key features of this property?
This property features: Stand‑alone building ideal for owner‑user.; Enjoy 100% HVAC coverage.; Extensive build‑out already in place.
