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    1880 Industrial Cir Longmont, CO 80501

    Sponsored
    For Lease
    $16 SF/Yr

    Modern Flex Space, Prime Location, 3,099 SF

    Lot size:
    3,099 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    422
    This exceptional 3,099-square-foot flex space at 1880 Industrial Circle presents a unique opportunity for businesses seeking a high-image, functional workspace. The end-cap unit boasts abundant natural light and a strong corporate aesthetic, ideal for a variety of uses, including office, flex, or even data center applications. The layout is thoughtfully designed, featuring a private office, a spacious bullpen area perfect for collaborative work, a large breakroom for employee comfort, and a dedicated conference room for meetings and presentations. A well-appointed server room caters to technological needs, and the suite includes private restrooms with showers, adding to the overall convenience and appeal. The property's prime location offers unparalleled access to nearby amenities, including the Village at the Peaks shopping center, hotels, breweries, and numerous restaurants, ensuring a vibrant and convenient work environment. Furthermore, this location benefits from being situated within the North Metro Enterprise Zone, potentially qualifying businesses for valuable business income tax credits or other incentives through the Longmont Economic Development Partnership. High-speed NextLight Fiber is readily available, ensuring seamless connectivity. For select suites, existing cubicle furniture systems are also available. This is a truly exceptional opportunity to secure a premium flex space in a thriving location with significant potential benefits.

    Property Features for 1880 Industrial Cir

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,099 SF

    Spaces For Lease

    at 1880 Industrial Cir, Longmont, CO 80501 Contact us
    Unit Suite F

    $16 /Mo

    Size
    3,099 SF
    Contact us

    We can help!

    Listing Contact
    Hunter Barto
    Hunter Barto

    Learn more

    Property Insight Report

    HighLights

    • 3,099 SF flex space available for lease in an end‑cap unit.
    • NextLight Fiber available.
    • High‑image office space with abundant natural light.
    • Excellent location near amenities including Village at the Peaks, hotels, restaurants, and breweries.
    • Located in the North Metro Enterprise Zone, eligible for potential tax credits and incentives.
    • Cubicle furniture systems available in Suites A/B.
    Property Profile Location Intelligence

    Current Use by Public Records

    Behavioral Innovations Medical Clinic Left Hand Robotics Production Facility PlasmidPros Biochemical Supplier

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Longmont
    County
    Weld
    State
    Colorado
    Longitude
    -105.12547809278
    Latitude
    40.146368634694

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    FAQs

    What type of property is this?
    Flex space - Modern Flex Space, Prime Location, 3,099 SF
    Where is this flex space located?
    The property is located at 1880 Industrial Cir Longmont, CO.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 3,099 SF flex space available for lease in an end-cap unit.; NextLight Fiber available.; High-image office space with abundant natural light.
    (303) 449-1420
    Request Owner's contact information
    1880 Industrial Cir Longmont, CO 80501
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    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
    1880 Industrial Cir Longmont, CO 80501
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    We can help!
    Listing Contact
    Hunter Barto
    Hunter Barto
    Real Estate License ID: FA.040007452
    (303) 449-1420
    Learn more
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