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    2315 Main St Longmont, CO 80501-1134

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    2315 Main St Longmont, CO 80501-1134


    • Office buildings
    • 20,542 SF
    • 1.81 lot acres
    Off-Market
    Last Sale Dec 24, 2024
    $3,700,000
    Property ID
    US13-0115115
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,700,000
    Show details
    Cap Rate Potential
    7.9%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • IBMC College Salon & Barbering in Longmont / Hair Salon / Nail Salon
    • Centennial BOCES High School / High School
    • IBMC College Longmont / Beauty School / Dental School

    Property Details for 2315 Main St

    Year built
    1995
    Construction
    WOOD
    Lot size
    1.81 lot acres
    Property size
    20,542 SF
    Zone code
    2134
    Property type
    Office buildings
    APN
    1205-27-2-32-001
    APU
    120527232001

    Description

    This exceptional investment opportunity presents a 20,542 square foot, single-tenant retail building situated on a 1.81-acre lot in Longmont, Colorado. Currently 100% occupied by a tenant under a triple net (NNN) lease, the property boasts a strong 6.94% cap rate and a substantial net operating income (NOI) of $284,592. The lease commenced September 30, 2023, and runs for seven years, expiring September 29, 2030, with two five-year renewal options. The monthly base rent is $23,716, plus triple net expenses. Located at 2315 Main Street, this property benefits from its prime location within a mixed-use corridor, offering convenient access to major transportation routes and a wealth of amenities, including restaurants, banks, gas stations, and grocery stores. The property's address is 2315 Main Street, Longmont, CO 80501, and its APN is 1205272-32-001. This is a rare opportunity to acquire a well-maintained, high-performing retail asset with significant long-term potential. The asking price is $4,100,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,700,000
      ML approach
      $3,700,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,855,000
      6.5%
      $4,480,000
      7%
      $4,160,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,593,000
      Market price range: $3.70M - $9.24M
      AI Estimate
      $2,432,000
      Market price range: $1.56M - $5.23M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $5,660,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Longmont
    County
    Boulder
    State
    Colorado
    Longitude
    -105.103
    Latitude
    40.2002
    CBSA code
    14500
    CBSA name
    BOULDER, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $91,344
    $144,522
    $831,978
    $976,500
    -
    $518,000
    $2,982,000
    $3,500,000
    More about this property
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