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Property profile & analytics
FOR LEASE
Office buildings
353 Main St Longmont, CO 80501
Entity Owned
~
Est. High Equity
Property ID
US13-2593594
For Lease
1 / 2
$710,000
353 Main St, Longmont, CO 80501
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1944
Construction
BRICK
Total area
2,860 SF
Lot
0.07 ac (3,136 SF)
Zoning code
2120
APN
1315-03-3-12-022
UPID
US13-2593594
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
-
Cash Injury Law, LLC - Car Accident Injury Lawyer Law Firm
-
353 Main LLC Business Service Center Corporate Office
-
Anemoment Association Or Organization
-
Ledger Plus Tax Preparation
-
Professional Business Center Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$625k
Comparable Approach
Comparable
$820k
Blend (final)
Blend
$710k
Owner & transaction history
Nettys Social 353 LLC
Nettys Social 353 LLC
since 2025
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
2120 · Longmont, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+24.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$675,000
6.5%
$625,000
7%
$580,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$900,000
Current use
AUTO REPAIR, GARAGE
$1,120,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$790,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $700k (Jul 15 2025)
Last sale anchor
$700k
Jul 15 2025
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
$248 / 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
$17,621
Tax year 2023
Assessed value
$174,375
Assessed 2023
Previous assessed
$217,500
-19.8% YoY
Effective rate
10.11%
On assessed value
Assessed land
$45,756
Assessed improvement
$128,619
Land market value
$164,000
Improvement market value
$461,000
Total market value
$625,000
Applied tax rate
1,017.0000
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
For Lease
Year built
1944
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Total area
2,860 SF
Lot
0.07 ac (3,136 SF)
Zoning code
2120
APN
1315-03-3-12-022
UPID
US13-2593594
Jurisdiction
BOULDER
Zoning & alternative use
2120 · Longmont, CO
Zoning 2120 · permitted uses
2120 · 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
OFFICE BUILDING Current
Est. value
$900,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$790,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
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
1944
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Nettys Social 353 LLC
Entity
Mailing address
353 MAIN ST, LONGMONT, CO 80501-5532
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2025
$700,000
Nettys Social 353 LLC
353 Main Street LLC
Special Warranty Deed
—
Aug 6, 2025
—
353 Main Street LLC
—
Deed
related
$6,235 · High Plains Bank
Feb 13, 2020
—
353 Main Street LLC
—
Deed
related
$95,000 · High Plains Bk
Jan 3, 2020
—
353 Main Street LLC
—
Deed
related
$80,000 · High Plains Bank
Jan 10, 2019
—
353 Main Street LLC
—
Deed
related
$305,035 · High Plains Bank
Dec 10, 2007
$470,000
353 Main Street LLC
Saxton,charles D
Grant Deed
$423,000 · Mile High Banks NA
—
—
353 Main Street LLC
—
Deed Of Trust
related
$188,000 · Mile High Bank NA
—
—
353 Main Street LLC
—
Loan Modification
related
$95,000 · High Plains Bk
—
—
353 Main Street LLC
—
Deed Of Trust
related
$210,179 · Mile High Bank NA
—
—
Charles D Sexton
—
Deed Of Trust
related
$110,000 · Guaranty Bank & Trust Co
—
—
Charles D Saxton
—
Deed Of Trust
related
$70,000 · Centennial Bank Of The West
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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