Entity Owned Property summary
AI-generated overview
This exceptional 6,121-square-foot single-tenant flex space in Longmont, Colorado, presents a unique opportunity for businesses seeking a blend of office and industrial functionality. Located at 1820 Delaware Place, 80501, this property offers a versatile layout, incorporating approximately 35% office space and a convenient overhead door for efficient loading and unloading. The building's total square footage is 6,121 square feet, all of which is currently vacant and ready for immediate occupancy. The property's strategic location in Longmont provides easy access to major transportation routes and a thriving business community. Enhance your operational capabilities with the addition of a fenced yard space, available for lease separately or in conjunction with the main building, for an additional monthly cost of $1,500. This space is perfect for businesses requiring secure outdoor storage or operational areas. Don't miss this chance to secure a highly functional and well-located flex space in a desirable Colorado market. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1985
Construction
CONCRETE BLOCKS
Total area
10,400 SF
Lot
0.99 ac (43,299 SF)
Zoning code
3115
APN
1315-09-0-27-003
UPID
US13-0830184
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Industrial Manufacturer Factory
-
Car Racing Track
-
(Bike/Boat/Book/etc) Store Printing Service
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.54M
CAP Approach
CAP
$1.94M
Comparable Approach
Comparable
$2.12M
Blend (final)
Blend
$1.54M
Owner & transaction history
since 2024
Last sale
$2.0M
2 recorded transactions
Zoning & alternative use
3115 · Longmont, CO
Top alternative use upside
Office building
$3.3M
+28.1%
Commercial (general)
$2.9M
+12.4%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.54M
Value range
$1.39M – $1.69M
±10% around blend
Estimated value / SF
$148 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$1.39M
blend $1.54M
$1.69M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
10,400 SF
Lot area
0.99 ac
Year built
1985
Stories
1
APN
1315-09-0-27-003
Zoning
3115
Assessed value
$383,625
Annual tax
$36,195
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.94M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.10M
@ 6.5% CAP return
$1.94M
@ 7% CAP return
$1.80M
4
Sales comparison
Partial preview
Sales approach indication
$2.12M
Range $1.42M – $3.76M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.54M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 32 sales
$245
-40%
Submarket 136 sales
$187
-21%
County 138 sales
$273
-46%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $148/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+28%
vs current-use indication
Commercial (general)
Industrial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
8.20%
Implied, in-place cap rate for this manufacturing properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.20%
9.0%
NOI (est.)
$137k *
Last sale · Mar 2025
$1.95M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.66M
Move the market yield to see immediate price impact.
Value / SF
$160
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.70%8.20%8.70%
$123k
$1.60M
$1.50M
$1.41M
$137k
$1.77M
$1.66M
$1.57M
$150k
$1.95M
$1.83M
$1.73M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$36,195
Tax year 2023
Assessed value
$383,625
Assessed 2023
Previous assessed
$383,625
+0.0% YoY
Effective rate
9.43%
On assessed value
Assessed land
$167,400
Assessed improvement
$216,225
Land market value
$600,000
Improvement market value
$775,000
Total market value
$1,375,000
Applied tax rate
680.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1985
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Stories
1
Total area
10,400 SF
Lot
0.99 ac (43,299 SF)
Zoning code
3115
APN
1315-09-0-27-003
UPID
US13-0830184
Jurisdiction
BOULDER
Zoning & alternative use
3115 · Longmont, COZoning 3115 · permitted uses
3115 · Longmont, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Stories
1
Lot
0.99 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
3115
Jurisdiction
Longmont, CO
Recorded code
3115
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 3115 in Longmont, CO.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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