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Office Unit with Private Offices

140-1715 Iron Horse Dr, Longmont, CO 80501

For Sale
$267,500

A reception area, conference room, and kitchenette complement the private offices and shared restrooms.

Property Size1,115 SF
Price / SF$239.91
Days on Market8

Property Features for 140-1715 Iron Horse Dr

General Information

Standard status Active
Size 1,115 SF

Additional Details

Highway Access Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $7,420

Amenities

reception area
conference room
kitchenette
common restrooms
Sandstone Ranch trails
Listing Agency: RE/MAX Elevate
Listed By: Keith Kanemoto · License CO FA40009659
Source: Exprealty
Added: Nov 3 Changed: Nov 8 Last Checked: Nov 10 at 11:02AM

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 RE/MAX Elevate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office unit includes multiple private offices, a reception area, a conference room, and a kitchenette. Common restrooms are readily accessible, and on-site parking serves the property.

Located in east Longmont, the property has access to Highway 119 and I-25. Sandstone Ranch and its trails are nearby, along with area amenities.

Key Highlights

  • Multiple private offices with reception area and conference room
  • Kitchenette and accessible common restrooms
  • On‑site parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,820
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,400 $296.4K
Cap Rate 7%
$211,714 $211.7K
Cap Rate 9%
$164,667 $164.7K
Market Conditions
NOI Build-Up for 1,115 SF
Gross rent
$27.8K $24.96/SF
− Vacancy
−$8.1K −$7.24/SF
EGI
$19.8K $17.72/SF
− OpEx
−$4.9K −$4.43/SF
NOI
$14.8K $13.29/SF
Area
Boulder County, CO
Vacancy
29.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,400
Cap Rate 7%
$211,714
Cap Rate 9%
$164,667

Alternative Uses

Best Use
Office B
$211.7K
$185.3K – $247.0K (±1% cap)
NOI $14,820 @ 7.0% cap · market cap 5.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$336.4K
$294.4K – $392.5K (±1% cap)
NOI $23,549 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office Hair Salon Real Estate Agency Restaurant HVAC Service Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby

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

Market

Properties on Market for Office Units in Longmont

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A reception area, conference room, and kitchenette complement the private offices and shared restrooms.
Where is this office unit located?
The property is located at 140-1715 Iron Horse Dr Longmont, CO.
What is the asking price?
The asking price for this property is $267,500.
What are key features of this property?
This property features: Multiple private offices with reception area and conference room; Kitchenette and accessible common restrooms; On‑site parking
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Includes: Price & PSF · Cap rate · Location · Zoning

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