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Property profile & analytics
OFF-MARKET Estimated value $3,170,000
Office buildings

400 Simpson St Lafayette, CO 80026-2394

6,640 SF 0.32 ac lot Built 1962
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US13-0724736
Property summary
AI-generated overview

This exceptional commercial property, located at 400 E Simpson St, Lafayette, CO 80026, offers a variety of flexible office spaces ideal for businesses of all sizes. The building features three available units ranging from 203 square feet to 1,306 square feet, catering to diverse needs. The property is classified as a Class B office building with multiple tenancy options. Each space boasts an attractive open floor plan, complemented by warm wooden floors and abundant natural light. A key advantage is the convenient on-site parking, eliminating the hassle of searching for parking in the downtown area. Beyond the building's amenities, its prime location offers easy access to a vibrant selection of restaurants and cafes, providing convenient options for lunch breaks and after-work socializing. For those seeking a healthy work-life balance, an on-site fitness room is available for tenant use. This property presents a unique opportunity to establish a thriving business in a desirable and well-equipped location within the heart of Lafayette, Colorado. The combination of functional design, convenient amenities, and a central location makes this an exceptional opportunity for businesses seeking a productive and inspiring work environment.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1962
Construction WOOD
Total area 6,640 SF
Lot 0.32 ac (13,939 SF)
Zoning code 9138
APN 1575-02-2-18-005
UPID US13-0724736
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
  • YWCA Social Service Agency Charitable Organization
  • Boulder Housing Management County Government Office
  • Sacred Connections Counseling Counselor Mental Health Service
  • Authentic Counseling Counselor
  • Crux Counseling Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.08M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.69M
Blend (final) Blend
$3.17M
Owner & transaction history
Fs Erie Estates LLC · 4 yrs held
Fs Erie Estates LLC
since 2022
Last sale
$3.3M
5 recorded transactions
2022
$3.3M
2020
Price N/A
2014
Price N/A
2014
$660,000
1969
Price N/A
Zoning & alternative use
9138 · Lafayette, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $3.2M +7.9%
Auto repair, garage $3.1M +3.3%
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