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Property profile & analytics
FOR SALE
Office buildings

24 9Th Ave Longmont, CO 80501

7,204 SF 0.27 ac lot Built 1985
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US13-0138032
Property summary
AI-generated overview

This exceptional 7,204-square-foot office building, situated on a 0.27-acre lot at 24 9th Avenue in Longmont, Colorado, presents a compelling investment or owner-user opportunity. The three-level brick building boasts a warm interior with large offices, multiple conference areas, and two spacious bathrooms on each floor. Two HVAC systems ensure climate control on every level, and separate utility meters offer efficiency. Office spaces range in size from 350 square feet to a generous 1,650-square-foot open span, providing flexibility for various business needs. The zoning allows for diverse uses, including retail, office, light manufacturing, and even a potential residential conversion of the top level (2,400 square feet), subject to confirmation with the City of Longmont. Ample parking is available with 13 spaces, and the large lot offers potential for expansion. A separate garden-level entrance with a loading ramp adds convenience. The building benefits from high visibility due to its location and proximity to Main Street Longmont, just a few blocks away. Easy access to Boulder and I-25 is another key advantage, located approximately 20 minutes away. Currently, there is month-to-month tenant income

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Construction BRICK
Total area 7,204 SF
Lot 0.27 ac (11,674 SF)
Zoning code 9198
APN 1205-34-4-28-003
UPID US13-0138032
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
  • Life Recovery Center Social Service Agency Medical Clinic
  • iTHRIVE Family Recreation Center Community Center
  • Counseling Services of Longmont Medical Clinic
  • Sundivine Gift Shop, Reiki & Counseling (Bike/Boat/Book/etc) Store
  • Sundivine: Gift Shop, Reiki, Counseling & Yoni Steam. (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.31M
Blend (final) Blend
$990k
Owner & transaction history
Longmont Mobile Estates LLC · 7 yrs held
Longmont Mobile Estates LLC
since 2018
6 recorded transactions
2018
Price N/A
2016
$575,000
2015
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
9198 · Longmont, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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