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Property profile & analytics
FOR LEASE
Manufacturing properties
1820 Industrial Cir Longmont, CO 80501
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0640141
For Lease
1 / 2
Contact for pricing
1820 Industrial Cir, Longmont, CO 80501
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Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1978
Construction
CONCRETE BLOCKS
Total area
25,342 SF
Lot
1.58 ac (68,651 SF)
Zoning code
3115
APN
1315-09-0-57-002
UPID
US13-0640141
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
-
COLORADO HEMP WORKS Big Box & Wholesale Store Food Market
-
Hi Tech Specialists Inc Industrial Manufacturer Production Facility
-
Restorative Botanicals Industrial Manufacturer Production Facility
-
Noble Engeneering Engineering Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.86M
CAP Approach
CAP
$4.73M
Comparable Approach
Comparable
$6.14M
Blend (final)
Blend
$4.79M
Owner & transaction history
543 Terry Street LLC · 4 yrs held
543 Terry Street LLC
since 2022
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
3115 · Longmont, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Development Code
Top alternative use upside
Office building
$8.0M
+28.1%
Commercial (general)
$7.0M
+12.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Longmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Longmont submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$4,975,000
ML approach
$4,860,000
CAP Approach
CAP Return
Estimation
6%
$5,120,000
6.5%
$4,725,000
7%
$4,390,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,215,000
Current use
OFFICE BUILDING
$7,965,000
Change: +28% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,985,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$4.79M
Range $4.31M – $5.26M · ±10% · vs last sale $4.00M (Apr 4 2022)
Last sale anchor
$4.00M
Apr 4 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$189 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$104,775
Tax year 2023
Assessed value
$1,110,476
Assessed 2023
Previous assessed
$527,278
+110.6% YoY
Effective rate
9.44%
On assessed value
Assessed land
$226,967
Assessed improvement
$883,509
Land market value
$813,500
Improvement market value
$3,166,700
Total market value
$3,980,200
Applied tax rate
680.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1978
Construction
CONCRETE BLOCKS
Heating
FLOOR/WALL FURNACE
Stories
2
Total area
25,342 SF
Lot
1.58 ac (68,651 SF)
Zoning code
3115
APN
1315-09-0-57-002
UPID
US13-0640141
Jurisdiction
BOULDER
Zoning & alternative use
3115 · Longmont, COZoning 3115 · permitted uses
3115 · Longmont, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Development Code
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$6.2M
OFFICE BUILDING
Est. value
$8.0M
COMMERCIAL (GENERAL)
Est. value
$7.0M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1978
Construction
CONCRETE BLOCKS
Heating
FLOOR/WALL FURNACE
Stories
2
Lot
1.58 ac
Current owner
From public records · entity-resolved
543 Terry Street LLC
Entity
Mailing address
620 KIMBARK ST, LONGMONT, CO 80501-4911
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2025
—
543 Terry Street LLC
—
Deed
related
$500,000 · Anb Bank
Apr 4, 2022
$4,000,000
543 Terry Street LLC
Renewable Energy Manufcaturing LLC
Special Warranty Deed
$3,000,000 · Anb Bank
Dec 7, 2018
—
Renewable Energy Mfg LLC
—
Deed
related
$200,000 · First Nat'l Bk/omaha
Aug 23, 2017
—
Renewable Energy Mfg LLC
—
Trustees Deed
related
$100,000 · First Nat'l Bk/omaha
Feb 2, 2017
—
Renewable Manufacturing LLC
—
Deed
related
—
Mar 10, 2014
$1,005,100
Renewable Energy Mfg LLC
Belterra INC
Grant Deed
$1,005,135 · Belterra INC
—
—
Renewable Energy Mfg LLC
—
Loan Modification
related
$200,000 · First Nat'l Bk/omaha
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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