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Property profile & analytics
OFF-MARKET Estimated value $510,000
Office buildings

211 Simpson St Lafayette, CO 80026-2323

2,774 SF 0.16 ac lot Built 1968
Entity Owned 18-yr Hold ~ Est. High Equity
Property ID
US13-0182925
Property summary
AI-generated overview

This exceptional commercial property, located at 211 E Simpson Street in Lafayette, Colorado, presents a unique investment opportunity. The property encompasses two distinct buildings totaling 3,924 square feet on a lot with no acreage specified. The main building offers 2,774 square feet of versatile office space, perfectly suited for a variety of businesses. Its prime location within Lafayette's thriving business district ensures high visibility and accessibility. Complementing the office space is a substantial 1,150 square foot garage/storage unit, ideal for equipment storage or light industrial operations. A significant advantage of this unit is its robust electrical service, estimated at 800 amps, 3-phase power, providing ample capacity for energy-intensive operations. The property's zoning allows for flexible use, accommodating office, retail, or light industrial tenants. The combination of prime location, ample space, and substantial power capacity makes this property an attractive proposition for businesses seeking a well-equipped and strategically located space in the heart of Lafayette's commercial sector. The asking price for this exceptional property is $1,225,000. This presents a rare opportunity to acquire a versatile and well-situated commercial property in a rapidly growing market. Serious inquiries are encouraged.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1968
Construction CONCRETE BLOCKS
Total area 2,774 SF
Lot 0.16 ac (6,970 SF)
Zoning code 2120
APN 1575-02-2-09-008
UPID US13-0182925
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
  • Tri-County Instruments Logistics Company Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
$605k
Comparable Approach Comparable
$607k
Blend (final) Blend
$510k
Owner & transaction history
Venture 211 LLC · 18 yrs held
Venture 211 LLC
since 2007
2 recorded transactions
2007
Price N/A
2006
Price N/A
Zoning & alternative use
2120 · Lafayette, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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