1243 Sherman Dr, Longmont, CO 80501-6170
- Manufacturing properties
- 11,750 SF
- 1.01 lot acres
Current Use by Public Records
- Parsifal Corporation / Moving Company / Storage Facility
- National Emergency Response / Emergency Services
- Nert / Charitable Organization / Social Service Agency
Property Details for 1243 Sherman Dr
- Year built
- 1974
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.01 lot acres
- Zone code
- 3115
- Property type
- Manufacturing properties
- APN
- 1315-09-0-19-003
- APU
- 131509019003
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 21, 2024 | $2,000,000 | Cb 1243 Sherman LLC | Sherman Drive LLC | Special Warranty Deed · related | $1.8M · Elevations Cu |
| May 30, 2012 | — | Sherman Drive LLC | F & G Barnes LLC | Grant Deed | — |
| Oct 17, 2008 | $914,000 | F & G Barnes LLC | Reverse Exchange | Grant Deed | — |
| Sep 3, 2008 | $914,000 | Reverse Exchange Co | Rkfv Ltd | Warranty Deed | — |
| Sep 3, 2008 | — | Gerhard E W Schultz | Spruce Ltd Liability | Quit Claim Deed · related | — |
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 Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,375,000
- 6.5%
- $2,190,000
- 7%
- $2,035,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,135,000
Market price range: $398k - $1.85M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $2,885,000 Current use
Get a detailed, property-specific estimation — fast and free
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
