Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • 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
    Property profile & analytics

    11968 Mineral Rd Longmont, CO 80504-8402

    • Specialty properties
    • 3,674 SF
    • 35.40 lot acres
    OFF-MARKET
    Value Estimations
    $265,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0886563
    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

    • Colorado Therapeutic Riding Center / Non-Profit Organization / Horseback Riding Service

    Property Details for 11968 Mineral Rd

    Year built
    1902
    Construction
    WOOD FRAME
    Lot size
    35.40 lot acres
    Property size
    3,674 SF
    Zone code
    9163
    Property type
    Specialty properties
    APN
    1465-01-0-00-004
    APU
    146501000004

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $220,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $303,000
      Market price range: $85.3k - $304k

    • Alternative Use

      Use
      Estimation
      CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
      $220,000
      Current use
      MEDICAL BUILDING
      $315,000
      Change: +45% Conversion: Difficult
      OFFICE BUILDING
      $300,000
      Change: +38% Conversion: Difficult
      WAREHOUSE, STORAGE
      $220,000
      Change: +1% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Longmont
    County
    Boulder
    State
    Colorado
    Longitude
    -105.072
    Latitude
    40.0857
    CBSA code
    14500
    CBSA name
    BOULDER, 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
    $0.00
    $53,010
    $205,149
    $258,159
    -
    $190,000
    $735,300
    $925,300

    Comparable in this City

    • Value Estimation
      $430,000
      4,152 SF

      11135 Longview Blvd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 4,152 SF
      11135 Longview Blvd, Firestone, CO 80504-9598
      View Details
    • Value Estimation
      $270,000
      4,000 SF

      851 Meeker St

      CHARITABLE ORGANIZATION • 4,000 SF
      851 Meeker St, Longmont, CO 80504-4616
      View Details
    • Value Estimation
      $895,000
      234,420 SF

      1750 Ken Pratt Blvd

      CHARITABLE ORGANIZATION • 234,420 SF
      1750 Ken Pratt Blvd, Longmont, CO 80504-5311
      View Details
    • Value Estimation
      $490,000
      28,800 SF

      8306 107th St

      CHARITABLE ORGANIZATION • 28,800 SF
      8306 107th St, Longmont, CO 80504-8426
      View Details
    • Value Estimation
      $570,000
      43,721 SF

      950 Lashley St

      CHARITABLE ORGANIZATION • 43,721 SF
      950 Lashley St, Longmont, CO 80504-1216
      View Details
    • Value Estimation
      $225,000
      3,514 SF

      1612 Otis Dr

      CHARITABLE ORGANIZATION • 3,514 SF
      1612 Otis Dr, Longmont, CO 80504-1765
      View Details

    Similar Nearby for Sale

    • $2,200,000
      618 SF

      Established Ziggi’s Coffee Investment Opportunity

      Long-term NNN lease with established coffee shop in operation.
      10905 Colorado Blvd, Firestone, CO 80504
      View Details
    • $775,000

      Wedding Venue Property For Sale

      36-acre wedding venue property near Denver, Fort Collins, Boulder.
      15293 N 107Th St, Longmont, CO 80504
      View Details
    • $2,800,000

      43 Acre Mountain View Parcel

      43 acre parcel with mountain views and development potential.
      2832 County Road 20, Longmont, CO 80504
      View Details
    • $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
    • Contact for pricing
      1.14 Acres

      Highway 66 Retail Pad

      1.14-Acre Commercial Land, Longmont, CO
      13785 Pacific Cir, Longmont, CO 80504
      View Details
    • $2,500,000

      Longmont Residential Land Development

      Prime Longmont land, 114,319 sq ft.
      12027 St Vrain Rd, Longmont, CO 80504
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr

      Longmont Flex/Industrial Space Available

      Versatile flex/industrial space in Longmont, close to I-25.
      1822 Skyway Dr, Longmont, CO 80504
      View Details
    • Contact for pricing
      1,580 SF

      Restaurant Space on Pace Street

      Second-generation restaurant space available in Longmont, Colorado.
      1635 Pace St, Longmont, CO 80504
      View Details
    • Contact for pricing
      29,531 SF

      Commercial Land Available For Lease

      Commercial land for lease with high traffic and visibility.
      409 Ute Hwy, Longmont, CO 80504
      View Details
    • Contact for pricing

      Industrial Land for Outside Storage

      5.5 acre industrial site for outside storage in Frederick.
      7200 Eagle Blvd, Frederick, 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
    • Contact for pricing
      16,135 SF

      Longmont Industrial Land Opportunity

      1.91-acre industrial lot, 16,135 sqft.
      4881 Eagle Blvd, Longmont, CO 80504
      View Details
    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.
    11968 Mineral Rd
    Longmont, CO 80504-8402
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.