1818 Mountain View Ave Longmont, CO 80501
- Medical offices
- 1,952 SF
- 0.35 lot acres
Current Use by Public Records
- Dr. Tanya Karnavy, DDS / Pediatric Dentist
- Radiance Dental Group / Dental Clinic
- Toothzone Longmont / Pediatric Dentist / Dentist
- Michelle Ferraioli / Pediatric Dentist / Medical School
- Zehra Zaid / Pediatric Dentist / Dentist
Property Details for 1818 Mountain View Ave
- Year built
- 1982
- Construction
- CONCRETE
- Lot size
- 0.35 lot acres
- Property size
- 1,952 SF
- Zone code
- 2137
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 1205-33-2-21-004
- APU
- 120533221004
Description
This exceptional two-story, 6,222 square foot medical office building is situated on a 0.35-acre corner lot in Longmont, Colorado. Built in 1982 and renovated in 2010, the property boasts a prime location with high visibility and strong signage opportunities on Mountain View Avenue and Linden Street West, experiencing over 8,000 vehicles daily. The building is currently vacant, presenting a turnkey opportunity for an owner-user or investor with a tenant. Its strategic location in Boulder County offers easy access to additional healthcare services, including nearby UC Health Longmont Clinic and CommonSpirit Longmont United Hospital. The property benefits from a strong medical trade area and low historical vacancy rates in the Longmont submarket (6.0%), significantly lower than the Denver office vacancy rate (20.4%). The permitted zoning is MU-N. This well-maintained building offers a rare chance to acquire a substantial medical office space in a thriving Colorado market. The asking price is $1,850,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,570,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,600,000
- 6.5%
- $1,655,000
- 7%
- $1,585,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,520,000
- Geo Method
- $1,410,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,730,000
- Retail
- $1,555,000
- Mixed-Use
- $1,470,000
- Hospitality
- $1,470,000
- Educational
- $1,560,000
- Residential Income
- $1,495,000
- Energy
- $1,350,000
- Income-Based Land
- $1,685,000
- Food Service
- $1,685,000
Location Insight
- Map
- Local Demand
- City
- Longmont
- County
- Boulder
- State
- Colorado
- Longitude
- -105.122
- Latitude
- 40.1816
- CBSA code
- 14500
- CBSA name
- BOULDER, CO METROPOLITAN STATISTICAL AREA