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Property profile & analytics
OFF-MARKET Estimated value $1,125,000
Office buildings

5245 Ronald Reagan Blvd Johnstown, CO 80534-6441

5,088 SF 0.15 ac lot Built 2008
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US13-2476821
Property summary
AI-generated overview

This exceptional 1,822 square foot office space, part of a larger 5,088 square foot building, presents a fantastic opportunity in a highly desirable location. Built in 2008, this two-story building offers a blend of traditional and modern office design, suitable for various business types. The space boasts high-end finishes and enjoys a beautiful western view. The suite features convenient entrances accessible from both the main lobby and a private walkway, ensuring both privacy and easy access. The building is strategically located for easy access to Fort Collins, Loveland, and Greeley, providing excellent regional connectivity. The property includes an elevator for convenient access to both floors. This is a multi-tenant building, offering a collaborative and professional environment. The available space is immediately ready for occupancy, with 1,822 square feet of adaptable space. The minimum divisible space is also 1,822 square feet, making it ideal for a single tenant seeking a substantial and well-appointed office. Located in Larimer County, this property offers a blend of convenience and prestige. The building's modern design and prime location make it an attractive option for businesses seeking a high-quality workspace. Contact us today to schedule a viewing.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2008
Construction WOOD FRAME
Total area 5,088 SF
Lot 0.15 ac (6,490 SF)
APN 85151-15-004
UPID US13-2476821
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.19M
Comparable Approach Comparable
$1.21M
Blend (final) Blend
$1.13M
Owner & transaction history
Ress Investments LLC · 18 yrs held
Ress Investments LLC
since 2008
5 recorded transactions
2008
Price N/A
2008
Price N/A
2008
$467,500
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.9M +56.8%
Apartment house (5+ units) $1.6M +36.4%
Medical building $1.6M +32.4%
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