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Property profile & analytics
OFF-MARKET Estimated value $590,000
Office buildings

1526 Spruce St Boulder, CO 80302-4261

3,049 SF 0.16 ac lot Built 1986
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US13-0899301
Property summary
AI-generated overview

This exceptional 12,368-square-foot free-standing office building at 1526 Spruce Street in Boulder, Colorado, presents a unique owner-user opportunity. Completely renovated in 2021, this three-story building boasts a modern design and high-end finishes. The property features 35 total parking spaces, providing ample convenience for employees and clients. Inside, you'll find newly installed bathrooms and showers, gleaming hardwood floors throughout, an inviting foyer, updated stairwells, and a stunning contemporary glass entryway that floods the space with natural light. The building's energy efficiency is enhanced by the installation of solar panels and state-of-the-art LED chandelier systems. Situated on a 0.16-acre lot in the heart of downtown Boulder, this property is zoned DT-2. Built in 1986, this building offers a blend of classic charm and modern functionality, making it an ideal space for a discerning business. The entire 12,368 square feet is currently vacant, providing immediate occupancy for a single tenant or the potential for multiple tenants. This is a rare opportunity to acquire a prime commercial property in a highly desirable location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1986
Construction TYPE NOT SPECIFIED
Total area 3,049 SF
Lot 0.16 ac (6,882 SF)
Zoning code 2120
APN 1463-30-3-28-005
UPID US13-0899301
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • JKA Design LLC Bathroom Remodeler Building Restoration Service
  • Vincent & Cooksey Law Firm
  • Cambridge Asset Management Inc Business Management Consultant
  • Left Hand Design Group Marketing & Advertising Advertising Agency
  • Alicia Sweezy, MA, LPC Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$705k
Comparable Approach Comparable
$813k
Blend (final) Blend
$590k
Owner & transaction history
Spruce 1526 Cre LLC · 2 yrs held
Spruce 1526 Cre LLC
since 2023
5 recorded transactions
2023
Price N/A
2021
$6.2M
2020
$4.4M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
2120 · Boulder, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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