Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    700 Darby Ct Longmont, CO 80501

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,600,000

    7-unit multifamily property near downtown Longmont with updated units.

    Type:Investment
    Added:
    Apr 24, 2026
    Days on Market:
    9
    Last Refresh:
    Apr 24 at 4:34 pm

    Property Features for 700 Darby Ct

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1965

    We can help!

    Listing Contact
    Steve O Donnell

    Listing agent Steve O Donnell

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    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 Steve O Donnell

    Overview

    Longmont Multifamily Property Near Downtown

    This 7-plex is located just blocks from downtown Longmont. Most units feature updated kitchens and bathrooms. A coin-operated laundry room is available, equipped with two washers and two dryers. The property has a bike score of 63, indicating it is bikeable, a walk score of 75, indicating it is very walkable, and a transit score of 35, indicating some transit options are available. The owner is also selling a 4-plex next door and would prefer to sell both properties together but will consider offers for this property alone.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Longmont
    County
    Weld
    State
    Colorado
    Longitude
    -105.0989481
    Latitude
    40.1709791

    Nearby Similar for Sale

    • $650,000
      2,628 SF

      Remodeled Duplex with Income Potential

      Fully remodeled Longmont duplex with modern finishes and income potential.
      1225 S Coffman St, Longmont, CO 80501
      View Details
    • $635,000
      3,761 SF

      Longmont Home Near Ute Creek

      Well-maintained home in Spring Valley neighborhood near Ute Creek Golf Course.
      1750 Preston Dr, Longmont, CO 80504
      View Details
    • $485,000
      4,736 SF

      Longmont Medical Office Redevelopment Opportunity

      Single-story medical office building for sale near Longmont United Hospital.
      1350 Stuart St, Longmont, CO 80501
      View Details
    • $899,000
      4,218 SF

      Freestanding Industrial Building in Longmont

      4,218 SF industrial building on 0.25 acre lot.
      104 9th, Longmont, CO 80501
      View Details
    • $605,000
      5,032 SF

      Longmont Duplex with Downtown Access

      Duplex near downtown Longmont with large yard and home warranty.
      1342 Terry St, Longmont, CO 80501
      View Details
    • $1,350,000

      Longmont Mixed-Use Redevelopment Opportunity

      Three-story brick building with redevelopment potential in Longmont, Colorado.
      24 9th Ave, Longmont, CO 80501
      View Details
    • $450,000

      Niwot Office Condo with Views

      Bright office condo in Niwot with mountain views and fireplaces.
      7102 La Vista Pl, Longmont, CO 80503
      View Details
    • $750,000

      Main Street Retail Opportunity

      Prime retail space with high visibility and flexible layout.
      624 Main St, Longmont, CO 80501
      View Details
    • $485,000
      4,736 SF

      Longmont Corner Site Near Hospital

      0.32-acre MU-N zoned site near Longmont United Hospital.
      1350 Stuart, Longmont, CO 80501
      View Details
    • $525,000

      Established Car Wash on Corner Lot

      Turnkey car wash business and real estate in Longmont, Colorado.
      390 Pratt Street, Longmont, CO 80501
      View Details
    • $800,000
      3,186 SF

      Longmont Multifamily Property with Units

      Four-unit multifamily property in Longmont with off-street parking.
      832 S Bowen St, Longmont, CO 80501
      View Details
    • $3,200,000
      11,850 SF

      Turnkey Bingo Business Opportunity

      Profitable bingo business with a large, renovated facility for sale.
      640 19th, Longmont, CO 80501
      View Details

    FAQs

    What type of property is this?
    Apartment building - 7-unit multifamily property near downtown Longmont with updated units.
    Where is this apartment building located?
    The property is located at 700 Darby Ct Longmont, CO.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: Prime Location: Just blocks from downtown Longmont.; Income Potential: 7‑unit multi‑family property.; Updated Units: Most units feature updated kitchens and bathrooms.
    (303) 588-0223
    We can help!
    Listing Contact
    Steve O Donnell
    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

    700 Darby Ct, Longmont, CO 80501

    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!