Medical Office
For Sale
Contact for pricing
1850 Mountain View Ave, Longmont, CO 80501
Medical facility positioned beside Common Spirit Longmont United Hospital in a central Longmont setting.
Property Size3,245 SF
Lot Size0.41 Acres
Price / SF$277.04
Days on Market12
Property Features for 1850 Mountain View Ave
General Information
Standard status
Active
Size
3,245 SF
Total Parking Spaces
16
Lot size
0.41 Acres
Property subtype
OFFICE
Zoning
MU-N
Building Details
Year Built
1972
Buildings
1
Building Size
3,245 SF
Parking Ratio
4.93 per 1,000 SF
Listing Agency:
Dean Callan & Company
(303) 817-8657
Listed By:
Hunter Barto · License #FA.040042321
(303) 817-8657
Source:
Moodyscre
Added: Aug 11
Changed: Aug 14
Last Checked: Aug 21 at 10:58AM
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 Dean Callan & Company
Investment Insights
Based on property information with market context.
This 3,245 SF medical office building occupies a 0.41-acre site and was built in 1972. The property carries MU-N zoning and provides 16 surface parking spaces, with a 4.93/1,000 SF parking ratio for the building.
Located at 1850 Mountain View Avenue in Longmont, the facility sits next to Common Spirit Longmont United Hospital. Established residential neighborhoods surround the property, supporting its placement within a central medical-oriented setting.
Located at 1850 Mountain View Avenue in Longmont, the facility sits next to Common Spirit Longmont United Hospital. Established residential neighborhoods surround the property, supporting its placement within a central medical-oriented setting.
Key Highlights
- 3,245 SF medical office building on a 0.41‑acre site
- MU‑N zoning
- Built in 1972
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,398
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$827,960
$828.0K
Cap Rate 7%
$591,400
$591.4K
Cap Rate 9%
$459,978
$460.0K
Market Conditions
NOI Build-Up for 3,245 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$58.4K $18.00/SF
− Vacancy
−$3.2K −$0.99/SF
EGI
$55.2K $17.01/SF
− OpEx
−$13.8K −$4.25/SF
NOI
$41.4K $12.76/SF
Area
Weld County, CO
Vacancy
5.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$827,960
Cap Rate 7%
$591,400
Cap Rate 9%
$459,978
Alternative Uses
Best Use
Office B
$591.4K
$517.5K – $690.0K
NOI $41,398 @ 7.0% cap · market cap 4.60%
Second Best
Healthcare Medical
$39.7K
$34.8K – $46.4K
NOI $2,781 @ 7.0% cap · market cap 0.31%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,248
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical facility positioned beside Common Spirit Longmont United Hospital in a central Longmont setting.
Where is this medical office space located?
The property is located at 1850 Mountain View Ave Longmont, CO.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 3,245 SF medical office building on a 0.41‑acre site; MU‑N zoning; Built in 1972
