Property profile

308 Mtn Vw R Ra Johnstown, CO 80534

OFF-MARKET
Office Spaces
Property ID
US13-0696052
1,873 SF 0.08 ac lot Built 1999
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,862-square-foot flex space, located at 308 Mountain View Drive in Johnstown, Colorado, offers a unique blend of warehouse and office functionality. Situated on a 9.98-acre lot, this two-story building boasts a 16-foot ceiling height in the warehouse area, perfect for various industrial uses. The property features two loading docks for efficient shipping and receiving. Power is ample, with three 3-phase panels ensuring sufficient electricity for demanding operations. The warehouse space itself totals approximately 2,500 square feet and includes high-end finishes. The office area, totaling approximately 2,362 square feet, comprises a large reception area, a spacious office with a private bathroom and shower, a sizable kitchenette, a dedicated conference room, and substantial storage space. A 1,000-square-foot mezzanine level offers additional storage, with the potential for conversion into extra office space. The property is zoned for industrial use and is conveniently located just off I-25 and County Road 48 at the Johnstown exit, providing easy access to major transportation routes. The entire 4,862 square feet is currently vacant and available for lease. Minimum divisible space is 1,284 square feet, with a maximum contiguous space of 3,578 square feet. Built in 1999, this property presents a compelling opportunity for businesses seeking a well-equipped and strategically located industrial space in a rapidly growing area of Weld County.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1999
Total area 1,873 SF
Lot 0.08 ac (3,485 SF)
APN R8592900
UPID US13-0696052

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

308 Mtn Vw R Ra Johnstown, CO 80534
Johnstown metro Census 2103 GREELEY, CO METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2022
Last sale
$451,000
7 recorded transactions
2022
$451,000
2021
Price N/A
2007
$169,500
2007
Price N/A
2007
$124,140
2006
Price N/A
2006
Price N/A

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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