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    Property profile & analytics

    1243 Sherman Dr Longmont, CO 80501-6170

    • Manufacturing properties
    • 11,750 SF
    • 1.01 lot acres
    OFF-MARKET
    Value Estimation
    $605,000
    Last Sale
    Feb 21, 2024
    Location Intelligence
    Property ID
    US13-2605279
    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

    • Parsifal Corporation / Moving And Storage Service
    • National Emergency Response / Emergency Services
    • Nert / Non-Profit Organization

    Property Details for 1243 Sherman Dr

    Year built
    1974
    Construction
    CONCRETE BLOCKS
    Lot size
    1.01 lot acres
    Property size
    11,750 SF
    Zone code
    3115
    Property type
    Manufacturing properties
    APN
    1315-09-0-19-003
    APU
    131509019003

    Description

    1243 Sherman Drive in Longmont, Colorado, offers a unique opportunity for businesses seeking flexible office and industrial space. This Boulder County property totals 16,057 square feet and is currently 100% vacant, providing immediate occupancy for a variety of tenants. The building is classified as Office and Industrial, encompassing Executive Office, Flex, Warehouse, and Traditional Office subtypes, making it suitable for a wide range of uses. Multiple tenancy is available, with suite sizes ranging from a minimum of 1,770 square feet to a maximum contiguous space of 3,183 square feet. The property features convenient access to Highway 119/Ken Pratt Boulevard, enhancing accessibility and logistics. Secure fenced parking is provided, along with outdoor areas. The building's industrial capabilities are highlighted by multiple grade-level overhead doors, catering to businesses with loading and unloading requirements. The property's location in Southwest Longmont offers proximity to local amenities, providing a convenient and functional workspace. This versatile property is ideal for businesses seeking a combination of office and industrial space in a prime Longmont location. The zip code is 80501.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $580,000

    • CAP approach

      CAP return
      Estimation
      6%
      $820,000
      6.5%
      $830,000
      7%
      $740,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $720,000
      Geo Method
      $735,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $725,000
      Retail
      $700,000
      Mixed-Use
      $680,000
      Hospitality
      $915,000
      Educational
      $795,000
      Residential Income
      $690,000
      Energy
      $765,000
      Income-Based Land
      $730,000
      Food Service
      $715,000

    Location Insight

    • Map
    • Local Demand
    City
    Longmont
    County
    Boulder
    State
    Colorado
    Longitude
    -105.113
    Latitude
    40.1552
    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
    $57,760
    $173,817
    $438,364
    $612,181
    -
    $623,000
    $1,571,200
    $2,194,200

    Comparable in this City

    • Value Estimation
      $630,000
      578 SF

      1265 Boston Ave

      MANUFACTURING (LIGHT) • 578 SF
      1265 Boston Ave, Longmont, CO 80501-5809
      View Details
    • Value Estimation
      $685,000
      42,500 SF

      1198 Boston Ave

      MANUFACTURING (LIGHT) • 42,500 SF
      1198 Boston Ave, Longmont, CO 80501-5856
      View Details
    • Value Estimation
      $1,215,000
      5,434 SF

      733 Bowen St

      MANUFACTURING (LIGHT) • 5,434 SF
      733 Bowen St, Longmont, CO 80501-6302
      View Details
    • Value Estimation
      $2,000,000
      13,650 SF

      950 Sherman St, Unit A

      MANUFACTURING (LIGHT) • 13,650 SF
      950 Sherman St, Longmont, CO 80501-6538
      View Details
    • Value Estimation
      $540,000
      8,880 SF

      1822 Sunset Pl

      MANUFACTURING (LIGHT) • 8,880 SF
      1822 Sunset Pl, Longmont, CO 80501-6676
      View Details
    • Value Estimation
      $2,160,000
      6,000 SF

      500 Weaver Park Rd

      MANUFACTURING (LIGHT) • 6,000 SF
      500 Weaver Park Rd, Longmont, CO 80501-6017
      View Details

    Similar Nearby for Sale

    • $3,500,000
      23,043 SF

      Fully Leased Industrial/Flex Compound

      Industrial/Flex compound on 1.83 acres with easy I-25 access.
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    • $2,500,000
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    • $2,700,000
      11,680 SF

      Longmont Flex Space Investment

      11,680 SF Flex Office, Multi-Tenant
      1110 Boston Ave, Longmont, CO 80501
      View Details
    • $630,000
      0.99 Acres

      Longmont Commercial Land - $630K

      Prime 0.99-acre lot, mixed-use zoning.
      919 Sherman St, Longmont, CO 80501
      View Details
    • $4,653,080
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      Longmont Commercial Land Opportunity

      7.64 Acres, Mixed-Use Potential, Prime Location
      12192 Rogers Rd, Longmont, CO 80501
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    Similar Nearby for Lease

    • $13 SF/Yr
      13,947 SF

      Longmont Industrial Building for Lease

      13,947 SF industrial space ideal for BioTech companies.
      2021 Miller Dr, Longmont, CO 80501
      View Details
    • $11 SF/Yr
      2,140 SF

      Longmont Warehouse with Drive-In Access

      Flexible warehouse space with drive-in access in central Longmont.
      1336 Sherman Dr, Longmont, CO 80501
      View Details
    • $8 SF/Yr
      90,611 SF

      Longmont Industrial Sublease Opportunity

      Versatile industrial space for sublease in Longmont, Colorado.
      120 9Th Ave, Longmont, CO 80501
      View Details
    • $12 SF/Yr
      5,498 SF

      Warehouse with Gantry Crane

      Warehouse/production area with crane, offices, and fenced yard.
      733 S Bowen St, Longmont, CO 80501
      View Details
    • $12 SF/Yr
      31,920 SF

      Longmont Executive Office Space

      Modern Flex Space, 1,928 sq ft Available
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      View Details
    • $15 SF/Yr
      24,600 SF

      Longmont Flex Space Available

      Prime Longmont flex space, multiple units.
      1551 Sunset St, Longmont, CO 80501
      View Details
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    Longmont, CO 80501-6170
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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
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