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

    Elevation Drive Longmont, CO 80504

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Land offers visibility and access in Mead, Colorado.

    Type:Industrial, Land
    Added:
    Mar 26, 2024
    Days on Market:
    753
    Last Refresh:
    Mar 17 at 1:25 pm

    Property Features for Elevation Drive

    General Information

    Standard status
    Active
    Property subtype
    Industrial, Land

    We can help!

    Listing Contact
    Drew McManus

    Listing agent Drew McManus License #FA.100016531

    Listing office Cushman & Wakefield - Denver, Colorado

    Listing date Mar 26, 2024

    Source Crexi

    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 Cushman & Wakefield - Denver, Colorado

    Overview

    Land with Unbeatable I-25 Position

    This land provides an unbeatable position along I-25, serving as a gateway to visibility and access in Mead, Colorado. It is designed to elevate companies in Colorado’s prime business corridor. The property offers a unique opportunity with custom site planning and immediate proximity to Colorado’s fastest-growing population centers, specifically Larimer and Weld Counties, providing access to a dense and vibrant workforce.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Map

    City
    Longmont
    County
    Weld
    State
    Colorado
    Longitude
    -104.968
    Latitude
    40.1635

    Nearby Similar for Sale

    • $620,000
      5,032 SF

      Longmont Duplex with Large Yard

      Duplex near downtown Longmont with a large, fenced yard.
      1342 Terry St, Longmont, CO 80501
      View Details
    • $470,000

      Longmont Acreage with Development Potential

      1.97-acre parcel in Longmont with water tap and irrigation rights.
      139 Hover St, Longmont, CO 80501
      View Details
    • $665,000
      3,761 SF

      Move-In Ready Home in Longmont

      Well-maintained 3-bedroom home in Spring Valley neighborhood.
      1750 Preston Dr, Longmont, CO 80504
      View Details
    • $315,000

      Longmont Land with Mountain Views

      1.13-acre homesite in gated community with prepaid water fees.
      12910 Woodridge Dr, Longmont, CO 80504
      View Details
    • $385,000

      Corner Lot in Vista View

      Commercial land with views, easy access to major highways.
      1420 Skyway Dr, Longmont, CO 80504
      View Details
    • $465,000

      Highway 119 Commercial Land Parcel

      1.21-acre commercial land parcel with high visibility and utilities.
      1611 Skyway Dr, Longmont, CO 80504
      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
    • $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
    • $299,000

      Longmont Land with Mountain Views

      Premier gated community lot to build your dream home.
      12902 Woodridge Dr, Longmont, CO 80504
      View Details
    • $670,000
      2,236 SF

      Longmont Duplex: Turnkey Investment Opportunity

      Well-maintained duplex in central Longmont, ideal for investors or owner-occupants.
      318 4th Ave, Longmont, CO 80501
      View Details
    • $2,500,000

      Longmont Land Development Opportunity

      37 acres for development with utilities and mountain views.
      9746 County Road 7, Longmont, CO 80504
      View Details

    FAQs

    What type of property is this?
    Industrial land - Land offers visibility and access in Mead, Colorado.
    Where is this industrial land located?
    The property is located at Elevation Drive Longmont, CO.
    What are key features of this property?
    This property features: Unbeatable position along I‑25.; Gateway to unparalleled visibility and access.; Custom site planning.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Drew McManus
    Real Estate License ID: FA.100016531
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!