400 Simpson St Lafayette, CO 80026
- Office buildings
- 6,640 SF
- 0.32 lot acres
Current Use by Public Records
- YWCA / Social Services Organization
- Boulder Housing Management / County Government Office
- Sacred Connections Counseling / Mental Health Service / Counselor
- Authentic Counseling / Counselor
- Crux Counseling / Counselor
Property Details for 400 Simpson St
- Year built
- 1962
- Construction
- WOOD
- Lot size
- 0.32 lot acres
- Property size
- 6,640 SF
- Zone code
- 9138
- Property type
- Office buildings
- APN
- 1575-02-2-18-005
- APU
- 157502218005
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,995,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,590,000
- 6.5%
- $3,625,000
- 7%
- $3,595,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,490,000
- Geo Method
- $3,405,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,515,000
- Retail
- $3,335,000
- Mixed-Use
- $3,040,000
- Hospitality
- $2,945,000
- Educational
- $3,000,000
- Residential Income
- $3,195,000
- Energy
- $2,675,000
- Income-Based Land
- $2,975,000
- Food Service
- $2,725,000
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Boulder
- State
- Colorado
- Longitude
- -105.086
- Latitude
- 39.998
- CBSA code
- 14500
- CBSA name
- BOULDER, CO METROPOLITAN STATISTICAL AREA
