Entity Owned Property summary
AI-generated overview
This exceptional retail space, located at 300 2nd Avenue in vibrant downtown Longmont, Colorado, offers 3,894 square feet of versatile commercial space. Currently vacant, this single-tenancy property presents a unique opportunity for a variety of businesses. The space boasts a flexible layout, potentially expanding to include up to 3,506 square feet with the addition of a patio area, ideal for outdoor seating or additional display space. Situated in Boulder County, zip code 80501, this location benefits from its proximity to thriving businesses such as Wibby Brewery, Copper Sky Distillery, and the soon-to-open Granary Food Hall. The property offers excellent visibility and accessibility, with ample parking available for customers and employees. The location is also highly conducive to businesses such as wineries, breweries, distilleries, restaurants, and other retail establishments. The property's design allows for prominent signage, maximizing marketing potential. This is a rare opportunity to establish a presence in a rapidly growing and desirable downtown area. The property is ready for immediate occupancy, allowing for a swift start to operations. Contact us today to learn more about this exciting opportunity.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1952
Construction
CONCRETE BLOCKS
Total area
8,804 SF
Lot
0.62 ac (27,007 SF)
Zoning code
3135
APN
1315-03-4-16-021
UPID
US13-1293908
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
-
(Bike/Boat/Book/etc) Store
-
Community Center
-
Hair Salon
-
Hair Salon
-
Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.04M
Owner & transaction history
since 2021
Last sale
$1.7M
1 recorded transaction
Zoning & alternative use
3135 · Longmont, CO
Top alternative use upside
Industrial (general)
$2.2M
+48.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 17 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.04M
Value range
$932k – $1.14M
±10% around blend
Estimated value / SF
$118 / SF
Confidence
High
17 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
$932k
blend $1.04M
$1.14M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,804 SF
Lot area
0.62 ac
Year built
1952
Stories
1
APN
1315-03-4-16-021
Zoning
3135
Assessed value
$471,063
Annual tax
$46,801
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$2.06M
Weighted, 17 comps · high confidence
Evidence
17 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
7.0 mi away · 7,245 SF
7.1 mi away · 7,492 SF
8.2 mi away · 9,800 SF
15.9 mi away · 6,250 SF
16.8 mi away · 10,800 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.04M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 83 sales
$166
-29%
County 54 sales
$207
-43%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $118/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Industrial (general)
Gross theoretical uplift
+48%
vs current-use indication
Warehouse, Storage · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 17 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.70M
Move the market yield to see immediate price impact.
Value / SF
$193
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$107k
$2.14M
$1.53M
$1.19M
$119k
$2.38M
$1.70M
$1.32M
$131k
$2.62M
$1.87M
$1.45M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
17 found
High confidence · county-verified
Closest comparable
$900k
1.4 mi · Dec 2025 · $111/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$46,801
Tax year 2023
Assessed value
$471,063
Assessed 2023
Previous assessed
$307,835
+53.0% YoY
Effective rate
9.94%
On assessed value
Assessed land
$157,802
Assessed improvement
$313,261
Land market value
$565,600
Improvement market value
$1,122,800
Total market value
$1,688,400
Applied tax rate
1,018.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1952
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Total area
8,804 SF
Lot
0.62 ac (27,007 SF)
Zoning code
3135
APN
1315-03-4-16-021
UPID
US13-1293908
Jurisdiction
BOULDER
Zoning & alternative use
3135 · Longmont, COZoning 3135 · permitted uses
3135 · Longmont, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1952
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.62 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
3135
Jurisdiction
Longmont, CO
Recorded code
3135
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 3135 in Longmont, CO.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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