Property profile

24 9Th Ave 24 Longmont, CO 80501

FOR SALE
Office buildings
Property ID
US13-0138032
7,204 SF 0.27 ac lot Built 1985
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Social Service Agency Medical Clinic
  • Family Recreation Center Community Center
  • Medical Clinic
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Location

24 9Th Ave, Unit 24 Longmont, CO 80501
Longmont metro Census 13503 BOULDER, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.31M
Blend (final) Blend
$375k

Owner & transaction history

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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