Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    501 Simpson St Lafayette, CO 80026-2329
    Back to Search
    Property profile & analytics

    501 Simpson St, Lafayette, CO 80026-2329

    View on Map
    • Office buildings
    • 3,219 SF
    • 0.16 lot acres
    Off-Market
    Property ID
    US13-1137873
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $755,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 501 Simpson St

    Year built
    1900
    Construction
    WOOD
    Lot size
    0.16 lot acres
    Zone code
    2135
    Property type
    Office buildings
    APN
    1575-02-2-12-005
    APU
    157502212005

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 11, 2017 — Textile Real Prop Holdings LLC Resendez Pamala K Trust Quit Claim Deed · related —
    Jun 28, 2017 — Textile Real Prop Holdings LLC Resendez Pamala K Trust Quit Claim Deed —
    Apr 19, 2017 — Resendez,pamela K Trust Resendez,pamela K Quit Claim Deed · related —
    Apr 18, 2017 — Weidemaier,roxann Trust Weidemaier,roxann Quit Claim Deed · related —
    Dec 1, 2006 — Roxann Weidemaier Weidemaier,roxann Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $760,000
      6.5%
      $700,000
      7%
      $650,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $646,000
      Market price range: $197k - $1.21M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Boulder
    State
    Colorado
    Longitude
    -105.085
    Latitude
    39.9985
    CBSA code
    14500
    CBSA name
    BOULDER, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,856
    $91,289
    $133,585
    $224,874
    -
    $327,200
    $478,800
    $806,000

    Comparable in this City

    • Value Estimation by Request
      420,330 SF

      200 Medtronic Dr

      OFFICE BUILDING
      200 Medtronic Dr, Lafayette, CO 80026-3735
      View Details
    • Value Estimation
      $9,830,000
      46,472 SF

      1380 Frst Park Cir

      OFFICE BUILDING
      1380 Frst Park Cir, Lafayette, CO 80026-3377
      View Details
    • Value Estimation
      $1,080,000
      1,380 SF

      1285 Centaur Vlg Dr Ste, Unit 100

      OFFICE BUILDING
      1285 Centaur Vlg Dr Ste, Lafayette, CO 80026-1231
      View Details
    • Value Estimation by Request
      1,800 SF

      107 Geneseo St

      OFFICE BUILDING
      107 Geneseo St, Lafayette, CO 80026-2418
      View Details
    • Value Estimation
      $4,295,000
      19,396 SF

      2575 Park Ln

      OFFICE BUILDING
      2575 Park Ln, Lafayette, CO 80026-3200
      View Details
    • Value Estimation by Request
      1,186 SF

      104 Simpson St

      OFFICE BUILDING
      104 Simpson St, Lafayette, CO 80026-2322
      View Details

    Similar Nearby for Sale

    • $1,000,000
      0.16 Acres

      Lafayette Office Building in Old Town

      Commercial property in the heart of Old Town Lafayette.
      109 N Public Rd, Lafayette, CO 80026
      View Details
    • Contact for pricing
      28,800 SF

      Lafayette Office/Warehouse Investment Opportunity

      28,800 SF office/warehouse on 2.49 acres in Lafayette, Colorado.
      1400 Overlook Dr, Lafayette, CO 80026
      View Details
    • Contact for pricing
      4,000 SF

      Highway Frontage Retail/Office Space

      Retail/office space with highway frontage near medical center.
      2378 Us Highway 287, Lafayette, CO 80026
      View Details
    • Contact for pricing
      Pending

      Lafayette Commercial Property For Sale

      Two buildings in Lafayette's business district, ideal for multiple uses.
      211 E Simpson St, Lafayette, CO 80026
      View Details
    • $1,150,000

      Old Town Lafayette Commercial Property

      Commercial property in the heart of Old Town Lafayette.
      100 W Cleveland St, Lafayette, CO 80026
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Downtown Lafayette Multi-Tenant Office Building

      Multi-tenant building with medical and professional office spaces for rent.
      808 S Public Rd, Lafayette, CO 80026
      View Details
    • Contact for pricing
      1,600 SF

      Lafayette Professional/Medical Office Space

      Professional and medical office spaces for lease in Lafayette, CO.
      380 Empire Rd, Lafayette, CO 80026
      View Details
    • Contact for pricing

      Medical Office Space in Lafayette

      State-of-the-art medical office space near multiple hospitals.
      140 Old Laramie Trl E, Lafayette, CO 80026
      View Details
    • Contact for pricing
      1,343 SF

      Downtown Lafayette Retail/Office Space

      Versatile retail or office space with parking in downtown Lafayette.
      400 E Simpson St, Lafayette, CO 80026
      View Details
    • Contact for pricing
      82 SF

      Class A Office Space Available

      First-floor office space for lease between Boulder and Metro Denver.
      1380 Forest Park Cir, Lafayette, CO 80026
      View Details
    • Contact for pricing
      108 SF

      Lafayette Medical Office Space Available

      Medical office space featuring exam rooms, reception, and private bathroom.
      808 S Public Rd, Lafayette, CO 80026
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    501 Simpson St
    Lafayette, CO 80026-2329
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    501 Simpson St, Lafayette, CO, 80026
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!