Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercially Zoned Downtown Louisville Property Title is generated by Realmo AI

    616 Front, Louisville, CO 80027

    View on Map
    Claim this Listing
    For Sale
    $750,000

    Commercially zoned property in downtown Louisville suitable for development.

    Type:Commercial
    Lot size:
    0.16 Acres
    Added:
    Aug 20, 2025
    Days on Market:
    287
    Last Refresh:
    Apr 5 at 9:08 pm

    Property Features for 616 Front

    General Information

    Standard status
    Active
    Lot size
    0.16 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1920

    We can help!

    Listing Contact
    STEVE ANDERSON

    Listing agent STEVE ANDERSON

    Listing office RE/MAX Alliance-Lsvl

    Listing date Aug 20, 2025

    Source Corcoran

    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 Alliance-Lsvl

    HighLights

    • Commercially zoned estate property in downtown Louisville
    • Opportunity for concept development
    • Can be used as residential property until converted/developed into commercial
    • Total land area of two properties is 18,203 sq/ft
    • Land area of this property is 7,093 sq/ft
    • Includes a small house built in 1920

    Overview

    This commercially zoned property is located in downtown Louisville. It includes a small house that has been used for residential purposes. According to the City, the property can continue to be used as residential until it is converted or developed into commercial space. The land area is 7,093 square feet. This property is listed in conjunction with another property and must be sold together.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Boulder
    State
    Colorado
    Longitude
    -105.171
    Latitude
    39.9475

    Nearby Similar for Sale

    • $1,777,000
      2,705 SF

      Tech Center Warehouse/Office Opportunity

      Warehouse and office space in Louisville's Colorado Tech Center.
      500 S Arthur Ave, Louisville, CO
      View Details
    • $9,585,000
      40,656 SF

      Fully Leased Investment Property

      Fully leased flex building with diverse tenants and strong income.
      2051 Dogwood St, Louisville, CO
      View Details
    • $725,000

      Corner Lot in Colorado Tech

      1.22 acre corner lot in Louisville's Colorado Tech Center.
      380 S Taylor, Louisville, CO 80027
      View Details
    • $725,000

      Corner Lot in Colorado Tech

      1.22 acre corner lot in Colorado Tech Center.
      380 S Taylor Avenue, Louisville, CO 80027
      View Details
    • $2,800,000
      6,826 SF

      Office Building in Louisville, CO

      Office building with 6,826 square feet of space.
      980 W Dillon Rd, Louisville, CO
      View Details
    • $1,300,000

      Main Street Development Opportunity

      Prime mixed-use development potential in Historic Downtown Louisville.
      608 Main, Louisville, CO 80027
      View Details
    • $365,000
      807 SF

      Charming Louisville Corner Condo Suite

      Corner condo suite in Louisville near Highway 36 and McCaslin.
      245 Century Cir, Louisville, CO 80027
      View Details
    • $2,250,000
      6,580 SF

      Louisville Childcare and Educational Facility

      Purpose-built childcare facility in Louisville available for sale or lease.
      461 Tyler Ave, Louisville, CO 80027
      View Details
    • $750,000

      Commercially Zoned Downtown Louisville Land

      Commercially zoned estate property in downtown Louisville.
      616 Front, Louisville, CO 80027
      View Details
    • $1,250,000

      Commercially Zoned Property in Louisville

      Commercially zoned property near downtown with development potential.
      1105 Pine, Louisville, CO 80027
      View Details
    • $1,400,000

      Commercially Zoned Estate Property

      Developable commercial land in Old Town Louisville, near downtown amenities.
      600 Front, Louisville, CO 80027
      View Details
    • $2,400,000
      12,917 SF

      Office Building with High Visibility

      Office building with good tenant mix and recent upgrades.
      325 W South Boulder Rd, Louisville, CO
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercially zoned property in downtown Louisville suitable for development.
    Where is this commercial land located?
    The property is located at 616 Front Louisville, CO.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Commercially zoned estate property in downtown Louisville; Opportunity for concept development; Can be used as residential property until converted/developed into commercial
    (303) 666-6500
    We can help!
    Listing Contact
    STEVE ANDERSON
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    616 Front, Louisville, CO 80027
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!