Ground-Level Office/Retail
For Sale
Contact for pricing
418 Coffman Street, Longmont, CO 80501
Ground-level office/retail layout with updated kitchenette and bathrooms, featuring reception, private offices, and meeting space.
Property Size5,276 SF
Price / SF$255.88
Days on Market167
Property Features for 418 Coffman Street
General Information
Standard status
Active
Size
5,276 SF
Property subtype
OFFICE
Occupancy
100%
Site & Location
Road Access
Yes
Public Transit
Yes
Additional Details
Floor
Ground Floor
Amenities
updated kitchenette
updated bathrooms
reception area
meeting room
basement storage
Building Details
Buildings
1
Stories
1
Tenancy
Single
Owner Occupied
Yes
Listing Agency:
Market Real Estate
(303) 444-5040
Listed By:
Annie Larner · License #100096639
(303) 444-1344
Source:
Moodyscre
Added: Apr 15
Changed: Sep 23
Last Checked: Sep 26 at 1:18PM
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 Market Real Estate
Investment Insights
Based on property information with market context.
Ground-level office/retail space with a well-grounded floor plan that includes a mix of private offices and open space. The unit offers a reception area, single offices, and meeting room space, supported by bonus storage in the basement. Kitchenette and bathrooms were recently updated.
The property is located at 418 Coffman Street in Longmont, CO 80501, with frontage along the Coffman Street Mobility improvement project. Quick access to Main Street is noted in the property description.
With its combination of reception, private office, and meeting room areas plus updated restrooms and a refreshed kitchenette, the space is set up for an owner-occupant or office-leaning retail use that benefits from accessible ground-floor programming and adjacent public-facing frontage.
The property is located at 418 Coffman Street in Longmont, CO 80501, with frontage along the Coffman Street Mobility improvement project. Quick access to Main Street is noted in the property description.
With its combination of reception, private office, and meeting room areas plus updated restrooms and a refreshed kitchenette, the space is set up for an owner-occupant or office-leaning retail use that benefits from accessible ground-floor programming and adjacent public-facing frontage.
Key Highlights
- 5,276 SF ground‑level office/retail space
- Reception, single offices, and meeting room space
- Kitchenette and bathrooms recently updated
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
$104,370
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
7.73%
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%
$2,087,400
$2.1M
Cap Rate 7%
$1,491,000
$1.5M
Cap Rate 9%
$1,159,667
$1.2M
Market Conditions
NOI Build-Up for 5,276 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
$158.3K $30.00/SF
− Vacancy
−$9.2K −$1.74/SF
EGI
$149.1K $28.26/SF
− OpEx
−$44.7K −$8.48/SF
NOI
$104.4K $19.78/SF
Area
Boulder County, CO
Vacancy
5.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
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%
$2,087,400
Cap Rate 7%
$1,491,000
Cap Rate 9%
$1,159,667
Alternative Uses
Best Use
Retail
$1.49M
$1.30M – $1.74M
NOI $104,370 @ 7.0% cap · market cap 7.73%
Second Best
Office B
$1.00M
$876.6K – $1.17M
NOI $70,124 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$1.59M
$1.39M – $1.86M
NOI $111,429 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,223
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
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office units - Ground-level office/retail layout with updated kitchenette and bathrooms, featuring reception, private offices, and meeting space.
Where is this office units located?
The property is located at 418 Coffman Street Longmont, CO.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 5,276 SF ground‑level office/retail space; Reception, single offices, and meeting room space; Kitchenette and bathrooms recently updated
