Longmont Standalone Office Building For
For Sale
$1,200,000
2020 Terry Street, Longmont, CO 80501
Well-maintained office building in Longmont with ample parking.
Property Size4,452 SF
Lot Size0.58 Acres
Price / SF$269.54
Days on Market194
Property Features for 2020 Terry Street
General Information
Standard status
Active
Size
4,452 SF
Lot size
0.58 Acres
Property subtype
Office
Building Details
Building Size
4,452 SF
Listing Agency:
RE/MAX Elevate
Listed By:
Keith Kanemoto · License #FA40009659
(303) 472-2222
Source:
Remaxcommercial
Added: Mar 27
Changed: Sep 10
Last Checked: Oct 5 at 3:00PM
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
Investment Insights
Based on property information with market context.
This standalone office building, available for sale for the first time, is situated in an office park setting. The well-maintained building provides 4,452 square feet of office space, along with a usable basement, on a 25,182 square foot lot that allows for ample parking. The suite layouts are designed to support various professional uses and can accommodate a single user or multiple tenants as configured. The property is surrounded by professional office users and is supported by nearby restaurants, retail options, and essential services. Located in North Longmont, it offers convenient access to key transportation routes, facilitating travel to Boulder, I-25, and the greater Front Range. This property is suitable for an owner-user seeking long-term stability and control over occupancy costs or for an investor looking to acquire a quality asset in a growing market.
Key Highlights
- Standalone office building in an office park setting.
- 4,452 square feet of office space plus a useable basement.**
- Generous 25,182 square foot lot providing ample parking.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,172
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,183,440
$1.2M
Cap Rate 7%
$845,314
$845.3K
Cap Rate 9%
$657,467
$657.5K
Market Conditions
NOI Build-Up for 4,452 SF
Gross rent
$111.1K $24.96/SF
− Vacancy
−$32.2K −$7.24/SF
EGI
$78.9K $17.72/SF
− OpEx
−$19.7K −$4.43/SF
NOI
$59.2K $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%
$1,183,440
Cap Rate 7%
$845,314
Cap Rate 9%
$657,467
Alternative Uses
Best Use
Office B
$845.3K
$739.7K – $986.2K
NOI $59,172 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.34M
$1.18M – $1.57M
NOI $94,026 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
938
Businesses Nearby
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 Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Well-maintained office building in Longmont with ample parking.
Where is this office building located?
The property is located at 2020 Terry Street Longmont, CO.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Standalone office building in an office park setting.; 4,452 square feet of office space plus a useable basement.**; Generous 25,182 square foot lot providing ample parking.
