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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11347 Business Park Cir Firestone, CO 80504-5270

    • Office buildings
    • 16,200 SF
    • 1.33 lot acres
    OFF-MARKET
    Last Sale
    Apr 01, 2025
    $1,650,000
    Value Estimations
    $1,735,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-1411961
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 11347 Business Park Cir

    Year built
    2006
    Lot size
    1.33 lot acres
    Property size
    16,200 SF
    Property type
    Office buildings
    APN
    R6781138
    APU
    R6781138

    Description

    This exceptional 16,200-square-foot freestanding executive office building, constructed in 2006 and renovated in 2020, presents a unique opportunity in Longmont, Colorado. Situated on a 1.32-acre lot within the Del Camino Junction Business Park, this single-tenant property boasts a prime location just off Interstate 25 in Firestone, offering unparalleled accessibility. The building's strategic placement provides proximity to a variety of amenities, including Starbucks and other fast-food restaurants, and is conveniently located across Firestone Boulevard from the Longmont Park-n-Ride. The property is zoned for Employment Center and Regional Commercial use. With 45 surface parking spaces, ample parking is readily available. The flexible design allows for potential subdivision to generate rental income, offsetting operating costs. All furnishings are negotiable. This well-maintained building offers a rare chance to lease at below-market rates or purchase at a price significantly below reproduction cost. The property is located at 11347 Business Park Circle, Longmont, CO 80504, in Weld County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,170,000
      ML approach
      $1,825,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,370,000
      Market price range: $631k - $2.15M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $2,890,000
      RETAIL STORES
      $2,780,000
      MEDICAL BUILDING
      $2,705,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Firestone
    County
    Weld
    State
    Colorado
    Longitude
    -104.977
    Latitude
    40.1659
    CBSA code
    24540
    CBSA name
    GREELEY, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $80,173
    $129,010
    $680,090
    $809,100
    -
    $462,392
    $2,437,608
    $2,900,000

    Comparable in this City

    • Value Estimation
      $830,000
      7,263 SF

      310 Lashley St

      OFFICE BUILDING • 7,263 SF
      310 Lashley St, Longmont, CO 80504-6056
      View Details
    • Value Estimation
      $680,000
      3,200 SF

      Firestone, CO 80504

      OFFICE BUILDING • 3,200 SF
      Firestone, CO 80504
      View Details
    • Value Estimation by Request
      1,792 SF

      2015 Ionosphere St, Unit 201

      OFFICE BUILDING • 1,792 SF
      2015 Ionosphere St, Longmont, CO 80504-8511
      View Details
    • Value Estimation by Request
      1,680 SF

      9201 Bruin Blvd

      OFFICE BUILDING • 1,680 SF
      9201 Bruin Blvd, Frederick, CO 80504-3414
      View Details
    • Value Estimation
      $1,125,000
      6,708 SF

      11307 Business Park Cir

      OFFICE BUILDING • 6,708 SF
      11307 Business Park Cir, Firestone, CO 80504-5270
      View Details
    • Value Estimation
      $510,000
      4,427 SF

      16256 Hwy 85

      OFFICE BUILDING • 4,427 SF
      16256 Hwy 85, Longmont, CO 80504
      View Details

    Similar Nearby for Sale

    • $679,000

      New Flex/Retail/Office Condo Units

      Shell condition units with mezzanine, customizable floorplan, patio, mountain views.
      Business Park Cir, Firestone, CO 80504
      View Details
    • $4,312,000
      19,600 SF

      Two Industrial/Flex Buildings For Sale

      Two industrial/flex buildings totaling 19,600 SF, convenient Front Range location.
      1767 Vista View Dr, Longmont, CO 80504
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    • $3,700,000
      5,217 SF

      Class A Office/Flex Suite

      High-end office/flex suite available for lease or owner-use.
      1567 Vista View Dr, Longmont, CO 80504
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    • $2,800,000

      43 Acre Mountain View Parcel

      43 acre parcel with mountain views and development potential.
      2832 County Road 20, Longmont, CO 80504
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    • $695,000
      2,029 SF

      Firestone Flex Space For Sale

      Flex space available for sale in Firestone, Colorado.
      11411 Business Park Cir, Firestone, CO 80504
      View Details
    • $1,300,000

      5.1 Acres Zoned Employment District

      5.1 acres in Frederick, CO, zoned for employment.
      3909 County Road 20 1/2, Longmont, CO 80504
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      10,000 SF

      Firestone Flex Space: 10,000 SF

      Prime I-25 Frontage Road flex space. Ideal for multiple tenants.
      I-25 Frontage Rd, Longmont, CO 80504
      View Details
    • $12 SF/Yr
      3,000 SF

      Flex Space in Vista Center

      3,000 SF flex space with office and warehouse areas.
      1566 Vista View Dr, Longmont, CO 80504
      View Details
    • $550,000
      28,204 SF

      Industrial/Flex Facility with Yard Space

      28,204 SF industrial/flex facility with office and warehouse space.
      7501 Miller Dr, Longmont, CO 80504
      View Details
    • $22 SF/Yr
      1,200 SF

      Firestone Retail or Office Space

      Prime retail or office space in a high-traffic shopping center.
      8110-8196 Colorado Blvd, Firestone, CO 80504
      View Details
    • $4,500 /Mo
      3,650 SF

      Longmont Flex Office with Storage

      Flex office space with shop area and outdoor storage.
      10767 Turner Blvd, Longmont, CO 80504
      View Details
    • $18 SF/Yr
      445 SF

      Class A Office Space Available

      Class A office space for lease in Firestone, Colorado.
      11409 Business Park Cir, Firestone, CO 80504
      View Details
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    Firestone, CO 80504-5270
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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
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