1661 Alpine Ave Boulder, CO 80304
This exceptional 17,500-square-foot multi-use school campus presents a turnkey opportunity for educational or community groups seeking versatile space. Situated on a generous 3.14-acre lot (136,778 square feet) in Boulder's Central/North submarket, this property boasts a campus-like atmosphere with ample space for classrooms, offices, and events. The existing building features large classrooms, private kitchen and dining areas, and an outdoor recreational area complete with turf grass and playground equipment. The property is conveniently located near restaurants, grocery stores, and the North Boulder Recreation Center, offering easy access to amenities. With 100 parking spaces available, this property ensures convenient parking for staff, students, and visitors. The RL-1 zoning provides flexibility for a variety of uses. The entire 17,500 square feet is currently vacant, providing a blank canvas for the next chapter of this property's history. This is a rare opportunity to acquire a well-maintained, established campus in a highly desirable location. Property taxes are $0 per square foot. Public transportation and local bus lines are also easily accessible.
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Watershed School High School
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.