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Property profile & analytics
OFF-MARKET
Estimated value
$3,700,000
Office buildings
2315 Main St Longmont, CO 80501-1134
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-0115115
Property summary
AI-generated overview
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.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1995
Construction
WOOD
Total area
20,542 SF
Lot
1.81 ac (78,974 SF)
Zoning code
2134
APN
1205-27-2-32-001
UPID
US13-0115115
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
-
IBMC College Salon & Barbering in Longmont Hair Salon Nail Salon
-
Centennial BOCES High School High School
-
IBMC College Longmont Private College Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.70M
CAP Approach
CAP
$4.48M
Comparable Approach
Comparable
$4.59M
Blend (final)
Blend
$3.70M
Owner & transaction history
Scott Hamilton · 1 yrs held
Scott Hamilton
since 2024
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
2134 · Longmont, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$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
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,660,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$3.70M
Range $3.33M – $4.07M · ±10% · vs last sale $3.70M (Dec 24 2024)
Last sale anchor
$3.70M
Dec 24 2024
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
$180 / 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
$91,344
Tax year 2023
Assessed value
$976,500
Assessed 2023
Previous assessed
$812,000
+20.3% YoY
Effective rate
9.35%
On assessed value
Assessed land
$144,522
Assessed improvement
$831,978
Land market value
$518,000
Improvement market value
$2,982,000
Total market value
$3,500,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1995
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Total area
20,542 SF
Lot
1.81 ac (78,974 SF)
Zoning code
2134
APN
1205-27-2-32-001
UPID
US13-0115115
Jurisdiction
BOULDER
Zoning & alternative use
2134 · Longmont, CO
Zoning 2134 · permitted uses
2134 · Longmont, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Longmont. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$5.7M
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
1995
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
1.81 ac
Current owner
From public records · entity-resolved
Scott Hamilton
Individual
Mailing address
3665 JOHN F KENNEDY PKWY BLDG 2-300, FORT COLLINS, CO 80525-5914
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
42 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2024
$3,700,000
Scott Hamilton
Laubmont LLC
Special Warranty Deed
$2,035,000 · Elevations Cu
Aug 2, 2023
—
Laubmont LLC
—
Deed
related
$307,816 · Rca Fairview LLC
Aug 1, 2023
—
Laubmont LLC
—
Deed
related
$150,000 · Dvmd LLC
May 30, 2023
—
The Laub Company
—
Deed
related
$150,000 · Intelliteach College/dvmd LLC
Mar 27, 2023
—
Laubmont LLC
—
Deed
related
—
Sep 15, 2022
$548,000
Matthew N Branca
Gifford Properties LLC
Special Warranty Deed
$100,000 · High Plains Bank
Aug 4, 2021
—
Laubmont LLC
—
Deed
related
$300,000 · Dvmd LLC
Feb 26, 2019
—
Laubmont LLC
—
Deed
related
$488,406 · Rca Fairview LLC
Dec 27, 2018
—
Laubmont LLC
—
Deed
related
$725,000 · Laub Co
Dec 14, 2016
—
Laubmont LLC
—
Deed
related
$1,950,000 · Laub Co
Apr 25, 2014
—
Laubmont LLC
—
Trustees Deed
related
$216,124 · Firstbank
Jun 16, 2010
$1,250,000
Laubmont LLC
New Frontier Bk
Grant Deed
$902,777 · Firstbank Of Northern Colorado
Jan 31, 2006
$58,680
New Frontier Bank
Shaw,janet
Warranty Deed
related
—
Jan 31, 2006
$187,920
New Frontier Bank
Klug Duane & Dianne Trust
Warranty Deed
related
—
Jan 31, 2006
$26,100
New Frontier Bank
Realtynet Psp
Warranty Deed
related
—
Jan 31, 2006
$176,220
New Frontier Bank
Rubio,david & Patricia L
Warranty Deed
related
—
Jan 31, 2006
$369,900
New Frontier Bank
Mork Halbert L Family Trust
Warranty Deed
related
—
Jan 31, 2006
$76,320
New Frontier Bank
Weston Robert & V M Trust
Warranty Deed
related
—
Jan 31, 2006
$46,980
New Frontier Bank
Fillenworth,walter M
Warranty Deed
related
—
Jan 31, 2006
$36,000
New Frontier Bank
Matlock,mary A
Warranty Deed
related
—
Jan 31, 2006
$223,020
New Frontier Bank
Alpers,richard T & Amy T
Warranty Deed
related
—
Oct 13, 2005
—
Realtynet Lc
Shaw,janet
Quit Claim Deed
—
Oct 5, 2005
—
Marcia K Mccleneghan
Mccleneghan M K Trust
Quit Claim Deed
related
—
Nov 9, 2004
—
Robert I Sawdey
Sawdey,robert & Sherry
Quit Claim Deed
related
—
Feb 12, 2004
$40,000
Walter M Fillenworth
Realtynte Lc
Grant Deed
—
Jan 15, 2004
$150,000
David Rubio
Realty Net Lc
Grant Deed
—
Dec 30, 2003
—
Weston,tr
Realtynet
Grant Deed
related
—
Dec 10, 2003
$315,000
Mork,tr
Lincoln,tr
Grant Deed
—
Oct 27, 2003
—
Klug,tr
Realtynet,l C
Grant Deed
related
—
Oct 22, 2003
$50,000
Karen Mariea
Realtynet Lc
Grant Deed
—
May 16, 2003
—
Jp Properties LLC
Realtynet Lc
Grant Deed
related
—
May 15, 2003
$190,000
Richard T Alfers
Realtynet Lc
Grant Deed
$88,000 · Kenneth R & Debra Mccarty
May 15, 2003
—
Robert I Sawdey
Realtynet Lc
Grant Deed
related
—
May 6, 2003
—
Alva M Dodd
Realtynet Lc
Grant Deed
related
—
Apr 4, 2003
—
1031 Exchange Place
Cnl Net Lease Investors LP
Grant Deed
related
—
—
—
Laubmont LLC
—
Deed Of Trust
related
$902,777 · Firstbank Of Northern Colorado
—
—
Laubmont LLC
—
Deed Of Trust
related
$1,950,000 · Laub Co
—
—
Laubmont LLC
—
Loan Modification
related
$1,695,539 · Firstbank
—
—
Laubmont LLC
—
Deed Of Trust
related
$725,000 · Laub Co
—
—
Laubmont LLC
—
Deed Of Trust
related
$488,406 · Rca Fairview LLC
—
—
Laubmont LLC
—
Deed Of Trust
related
$203,000 · Colorado Lndg Source
—
—
Laubmont LLC
—
Loan Modification
related
$193,515 · Firstbank
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.
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