630 15th Ave, Longmont, CO 80501

Listing Agency: New Option Partners Show Phone

Listed By: Aaron Evans · License CO FA.040030294 Show Phone

Source: Moodyscre

Added: Jun 26, 2025 Changed: Nov 3 Last Checked: Nov 12 at 10:33AM

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

Located within The Evergreen Center, 630 15th Avenue offers the opportunity to own an office condo in a well-established office setting. The property is positioned for practical day-to-day business access, with parking available year-round.

The Evergreen Center is situated on the busy corner of Coffman Street and 15th Avenue, just off Main Street, providing an easily accessible location close to Downtown Longmont amenities. Ample parking supports tenant and client visits throughout the year.

Key Highlights

• Office condo located within The Evergreen Center at 630 15th Avenue
• On the busy corner of Coffman Street & 15th Avenue
• Convenient corner access and an easily accessible location

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$44,712

Cap Rate

6.43%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$894,240 $894.2K

Cap Rate 7%

$638,743 $638.7K

Cap Rate 9%

$496,800 $496.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,364 SF

Gross rent

$84.0K $24.96/SF

− Vacancy

−$24.3K −$7.24/SF

EGI

$59.6K $17.72/SF

− OpEx

−$14.9K −$4.43/SF

NOI

$44.7K $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%

$894,240

Cap Rate 7%

$638,743

Cap Rate 9%

$496,800

Alternative Uses

Best Use

Office B

$638.7K

$558.9K – $745.2K (±1% cap)

NOI $44,712 @ 7.0% cap · market cap 6.43%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.01M

$888.1K – $1.18M (±1% cap)

NOI $71,048 @ 7.0% cap · market cap 10.22%

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

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Drain Solvers the pros Plumbing Service Shell Center Hair Salon Northern Colorado Endodontics Dental Office Oral & Maxillofacial Surgery: ... Dental Office Dr. Wes Statley Alternative Medicine Practice

Suggested Use

Top Pick Law Firm Building Supply Parking Lot & Garage Pharmacy Hotel & Motel Travel Agency

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

Lease Details

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

965

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

Market

Properties on Market for Office Units in Longmont

Jul

Aug

Sep

Oct

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

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Frequently Asked Questions

What type of property is this?

Office unit - Office condo at The Evergreen Center with convenient corner access and ample year-round parking.

Where is this office unit located?

The property is located at 630 15th Ave Longmont, CO.

What is the asking price?

The asking price for this property is $695,000.

What are key features of this property?

This property features: Office condo located within The Evergreen Center at 630 15th Avenue; On the busy corner of Coffman Street & 15th Avenue; Convenient corner access and an easily accessible location