Building Details

Year Built 1972

Buildings 1

Tenancy Single

Building Size 3,245 SF

Parking Ratio 4.93 per 1,000 SF

Listing Agency: Dean Callan & Company Inc

Listed By: Hunter Barto · License #CO FA.040007452 Show Phone

Source: Crexi

Added: Aug 11 Changed: Oct 7 Last Checked: Oct 12 at 7:07PM

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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 Inc

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.

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 / Yr

$43,130

Cap Rate

4.80%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$862,600 $862.6K

Cap Rate 7%

$616,143 $616.1K

Cap Rate 9%

$479,222 $479.2K

Market Conditions

NOI Build-Up for 3,245 SF

Gross rent

$81.0K $24.96/SF

− Vacancy

−$23.5K −$7.24/SF

EGI

$57.5K $17.72/SF

− OpEx

−$14.4K −$4.43/SF

NOI

$43.1K $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%

$862,600

Cap Rate 7%

$616,143

Cap Rate 9%

$479,222

Alternative Uses

Best Use

Office B

$616.1K

$539.1K – $718.8K (±1% cap)

NOI $43,130 @ 7.0% cap · market cap 4.80%

Second Best

Healthcare Medical

$533.2K

$466.6K – $622.1K (±1% cap)

NOI $37,324 @ 7.0% cap · market cap 4.15%

Theoretical Best

Office A

$979.1K

$856.7K – $1.14M (±1% cap)

NOI $68,534 @ 7.0% cap · market cap 7.62%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

UCHealth Dermatology Clinic ... Physician UCHealth - Aly Barland ... Physician UCHealth - Kelsey Schuppert ... Physician Koelsch Isabel H ... Physician Alycia Barland Physician

Suggested Use

Top Pick Restaurant Building Supply Law Firm Real Estate Agency Auto Repair Shop Big Box & Wholesale Store

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

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

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this medical office space located? What is the asking price? Find similar properties What are key features of this property?

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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 Avenue 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