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Property profile & analytics
OFF-MARKET Estimated value $1,065,000
Office buildings

5255 Ronald Reagan Blvd 1 Johnstown, CO 80534-6501

3,954 SF 0.08 ac lot Built 2007
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US13-1157540
Property summary
AI-generated overview

This exceptional Class A office condominium complex, Ridgeview Office Condominiums, presents a unique investment opportunity in Johnstown, Colorado. Located at 5255 Ronald Reagan Blvd, near US Hwy 34, this two-story building offers stunning western views and convenient access to shopping, dining, and major transportation routes. The property boasts a total of 9,826 square feet, divided into four suites, with 5,146 square feet currently available. Individual suites range from a minimum of 2,305 square feet to a maximum contiguous space of 5,146 square feet, providing flexibility for various business needs. Built in 2007, the building features a 10-foot ceiling height, adding to the spacious feel. Amenities include elevators and convenient access to the vibrant communities of Loveland, Fort Collins, Greeley, Boulder, Longmont, and Denver. The property is zoned PUD and offers both creative and traditional office spaces, making it ideal for a variety of businesses. Property taxes are $10.12 per square foot. This is a rare opportunity to acquire prime office space in a thriving Colorado location. Don't miss out on this chance to secure your ideal workspace in this sought-after development.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2007
Construction WOOD FRAME
Total area 3,954 SF
Lot 0.08 ac (3,267 SF)
APN 85151-19-001
UPID US13-1157540
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
$1.25M
CAP Approach CAP
$920k
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$1.07M
Owner & transaction history
Dlb Properties LLC · 4 yrs held
Dlb Properties LLC
since 2021
Last sale
$1.5M
5 recorded transactions
2021
$1.5M
2014
$246,750
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.2M +57.1%
Auto repair, garage $1.0M +33.1%
Retail stores $830,000 +6.7%
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