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    3Rd Ave Longmont, CO 80501

    Sponsored
    For Sale
    $4,653,080

    7.63 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 7.63-acre commercial land parcel presents a prime investment opportunity in Longmont, Colorado. Situated at the highly visible, signalized intersection of Ken Pratt Boulevard (CO Hwy 119) and 3rd Avenue, this developed lot is zoned BLI (Business, Light Industrial), offering flexibility for a variety of commercial uses. The asking price is $4,653,080, translating to $14 per square foot. Its strategic location in southeast Longmont provides unparalleled access to major thoroughfares and a dense population base. The property benefits from its proximity to key amenities, including the under-construction UCHealth Longs Peak Hospital, the Harvest Junction power center, and a Super Walmart. Furthermore, its convenient location just 4.5 miles from Interstate 25 ensures easy access to regional transportation networks. This ready-to-permit lot boasts exceptional visibility and high traffic counts, making it an ideal site for office buildings, retail establishments, or other commercial ventures. The property's size and zoning regulations provide ample opportunity for substantial development and significant return on investment. Don't miss this chance to acquire a premier commercial land parcel in a thriving Colorado community.

    Property Features for 0 3Rd Ave

    General Information

    Property type
    Land
    Lot Size
    332,363 SF

    HighLights

    • 7.63‑acre commercial land parcel in Longmont, CO.
    • Located at the signalized intersection of Ken Pratt Blvd (CO Hwy 119) and 3rd Ave.
    • Zoned BLI (Business, Light Industrial), offering diverse commercial use options.
    • Asking price: $4,653,080 ($14/SF).
    • High visibility and traffic counts due to strategic location.
    • Proximity to UCHealth Longs Peak Hospital, Harvest Junction, and Super Walmart.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Longmont
    County
    Boulder
    State
    Colorado
    Longitude
    -105.0930224
    Latitude
    40.1523905

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    FAQs

    What type of property is this?
    Land - 7.63 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 3Rd Ave Longmont, CO.
    What is the asking price?
    The asking price for this property is $4,653,080.
    What are key features of this property?
    This property features: 7.63-acre commercial land parcel in Longmont, CO.; Located at the signalized intersection of Ken Pratt Blvd (CO Hwy 119) and 3rd Ave.; Zoned BLI (Business, Light Industrial), offering diverse commercial use options.
    (303) 472-2222
    Request Owner's contact information
    3Rd Ave Longmont, CO 80501
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    Longmont, CO 80501
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    Realmo Value Estimation

    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.

    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.

    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
    3Rd Ave Longmont, CO 80501
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