Property profile

401 E Cleveland St Lafayette, CO 80026

FOR LEASE
Medical Office Space
Property ID
US13-1180092
100 SF 0.24 ac lot Built 1960
Individually Owned 12-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 6,777 square foot commercial office building is situated in the heart of Lafayette's dynamic downtown area at 401 E Cleveland Street. The property comprises three uniquely designed office suites, each boasting ample natural light and modern finishes. Currently occupied by medical tenants, the flexible layouts offer significant versatility for a range of businesses. This presents a compelling opportunity for both owner-occupiers seeking a blend of workspace and investment income, and investors aiming for a strong cash flow. The building's location offers unparalleled convenience, with proximity to S Public Road, numerous amenities including coffee shops, boutiques, and restaurants, and easy access to Boulder and Denver. The high demand for office space in this growing area ensures long-term stability and appreciation potential. The property's strategic location, coupled with its modern features and current occupancy, makes it an attractive investment in a thriving Colorado community. This is a rare chance to acquire a well-maintained, income-generating asset in a highly desirable location.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1960
Construction WOOD
Total area 100 SF
Lot 0.24 ac (10,411 SF)
Zoning code 2137
APN 1575-02-2-18-006
UPID US13-1180092

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
  • Crisis Center Medical Clinic
  • Pediatrician Physician
  • Medical Clinic
  • Physician
  • Physician

Location

401 E Cleveland St Lafayette, CO 80026
Lafayette metro Census 60802 BOULDER, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2014
Last sale
$1.0M
2 recorded transactions
2014
$341,000
2011
Price N/A

Zoning & alternative use

2137 · Lafayette, CO

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message