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

    1350 Tulip St Longmont, CO 80501-3140

    • Medical offices
    • 4,507 SF
    • 0.41 lot acres
    OFF-MARKET
    Last Sale
    Jul 05, 2023
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-1117652
    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

    • Hinman Family Medicine / Medical Clinic / Family Practice Physician
    • Mark W. Hinman LLC / Medical Clinic / Family Practice Physician
    • Mark Wallace Hinman / Family Practice Physician
    • Altitude Dermatology / Dermatologist
    • Rhea Teasley-Bennett / Family Practice Physician / Practitioner Service Location

    Property Details for 1350 Tulip St

    Year built
    1969
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.41 lot acres
    Property size
    4,507 SF
    Zone code
    2137
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    1205-33-2-20-003
    APU
    120533220003

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Longmont
    County
    Boulder
    State
    Colorado
    Longitude
    -105.123
    Latitude
    40.182
    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
    $19,106
    $131,493
    $79,376
    $210,869
    -
    $471,300
    $284,500
    $755,800

    Comparable in this City

    • Value Estimation by Request
      2,934 SF

      2255 Mtn Vw Ave

      MEDICAL BUILDING • 2,934 SF
      2255 Mtn Vw Ave, Longmont, CO 80501-3195
      View Details
    • Value Estimation by Request
      2,534 SF

      1950 Terry St

      MEDICAL BUILDING • 2,534 SF
      1950 Terry St, Longmont, CO 80501-1835
      View Details
    • Value Estimation
      $2,365,000
      26,378 SF

      220 Rogers Rd

      MEDICAL BUILDING • 26,378 SF
      220 Rogers Rd, Longmont, CO 80501-6027
      View Details
    • Value Estimation by Request
      7,434 SF

      1330 Sunset St

      MEDICAL BUILDING • 7,434 SF
      1330 Sunset St, Longmont, CO 80501-3218
      View Details
    • Value Estimation
      $1,685,000
      13,462 SF

      1055 17th Ave

      MEDICAL BUILDING • 13,462 SF
      1055 17th Ave, Longmont, CO 80501-2680
      View Details
    • Value Estimation by Request
      2,800 SF

      920 Hover St

      MEDICAL BUILDING • 2,800 SF
      920 Hover St, Longmont, CO 80501-7900
      View Details

    Similar Nearby for Sale

    • $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
    • $1,850,000
      6,222 SF

      Longmont Medical Office Building

      6,222 SF Medical Office, Owner/User
      1818 Mountain View Ave, Longmont, CO 80501
      View Details
    • $426,000
      1,704 SF

      Longmont Executive Office Condo

      Prime Longmont Office, 1704 sq ft
      2050 Terry St, Longmont, CO 80501
      View Details
    • $840,000
      18,000 SF

      Downtown Longmont Executive Office Condo

      Prime Longmont Office Space - Vacant or Owner-Occupied
      630 15Th Ave, Longmont, CO 80501
      View Details
    • $649,000

      Versatile Mixed-Use Property Near Downtown

      Spacious 5-bedroom, 3-bath property ideal for investors or business owners.
      736 Kimbark St, Longmont, CO 80501
      View Details
    • $840,000
      3,364 SF

      Longmont Office Condo For Sale

      Office condo in prime location near downtown Longmont amenities.
      630 15Th Ave, Longmont, CO 80501
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      20,090 SF

      Coyote Run Office Space for Lease

      Longmont, CO executive suites available
      255 Weaver Park Rd, Longmont, CO 80501
      View Details
    • $22 SF/Yr
      155,904 SF

      Horizon Park: Longmont Office Space

      Longmont, CO office space for lease. Multiple uses available.
      2255 Main St, Longmont, CO 80501
      View Details
    • $13 SF/Yr
      50,000 SF

      Prime Longmont Office Space

      50,000 SF Office Building, Suites Available
      1715 Iron Horse Dr, Longmont, CO 80501
      View Details
    • Contact for pricing
      10,486 SF

      Longmont Office Suites for Lease

      Executive & Medical Office Space Available
      1446 Hover St, Longmont, CO 80501
      View Details
    • $13 SF/Yr
      3,397 SF

      Longmont Office Suites Available

      Modern Longmont offices, 2 suites available.
      1055 17Th Ave, Longmont, CO 80501
      View Details
    • $12 SF/Yr
      11,680 SF

      Longmont Office Space for Lease

      Flex & Medical Office Suites Available
      1110 Boston Ave, Longmont, CO 80501
      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.
    1350 Tulip St
    Longmont, CO 80501-3140
    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.