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Property profile & analytics
OFF-MARKET
Estimated value
$1,365,000
Commercial real estate
704 Main St, Longmont, CO 80501-4921
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-1268133
Property summary
AI-generated overview
This exceptional 6,100 square foot building, constructed in 1939, presents a unique opportunity for lease or sale. Situated on a signalized corner of Main Street and Longs Peak Avenue in Longmont, Colorado (80501), this single-tenant property boasts a highly visible location with significant traffic volume – 30,775 vehicles per day (VPD) in 2022. The property features ample reserved parking, ideal for customers and employees. The building is well-suited for a variety of uses, including retail, office, and restaurant spaces, previously accommodating a brewery and bank. Conceptual demising plans are available. Prominent building and monument signage opportunities exist, enhancing visibility and brand recognition. Tenant improvement allowances are negotiable. The property's APN is 1315031-07-009, located in Boulder County. This is a rare chance to acquire a landmark property in a thriving Colorado community. The property's prime location and versatile space make it an attractive investment for discerning buyers or tenants seeking a high-impact presence in Longmont.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1939
Construction
BRICK
Total area
6,100 SF
Lot
0.3 ac (13,199 SF)
Zoning code
2139
APN
1315-03-1-07-009
UPID
US13-1268133
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
Current use
Occupant on record · Public records
-
First Cash Pawn Discount Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.27M
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.37M
Owner & transaction history
Uwg 15 LLC · 1 yrs held
Uwg 15 LLC
since 2025
Last sale
$1.4M
6 recorded transactions
Zoning & alternative use
2139 · Longmont, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.9M
+14.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Longmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Longmont submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,375,000
6.5%
$1,265,000
7%
$1,175,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,680,000
Current use
OFFICE BUILDING
$1,915,000
Change: +14% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,495,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$1.37M
Range $1.23M – $1.50M · ±10% · vs last sale $1.40M (Mar 23 2025)
Last sale anchor
$1.40M
Mar 23 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$224 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$27,324
Tax year 2023
Assessed value
$297,972
Assessed 2023
Previous assessed
$287,970
+3.5% YoY
Effective rate
9.17%
On assessed value
Assessed land
$153,255
Assessed improvement
$144,717
Land market value
$549,300
Improvement market value
$518,700
Total market value
$1,068,000
Applied tax rate
680.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1939
Construction
BRICK
Heating
FLOOR/WALL FURNACE
Cooling
AC.PACKAGE
Stories
1
Total area
6,100 SF
Lot
0.3 ac (13,199 SF)
Zoning code
2139
APN
1315-03-1-07-009
UPID
US13-1268133
Jurisdiction
BOULDER
Zoning & alternative use
2139 · Longmont, CO
Zoning 2139 · permitted uses
2139 · Longmont, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Longmont. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.9M
INDUSTRIAL (GENERAL)
Est. value
$1.5M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1939
Construction
BRICK
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Uwg 15 LLC
Entity
Mailing address
5151 BELT LINE RD STE #555, DALLAS, TX 75254-8000
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2025
$1,400,000
Uwg 15 LLC
May Hickman Trust
Special Warranty Deed
$1,574,500 · High Plains Bank
Sep 29, 2010
$450,000
Lwrd LLC
Bank Of Choice
Grant Deed
$410,000 · Great Western Bank
May 26, 2010
$486,727
Bank Of Choice
Deputy Public Te Of Boulder Cnty
Trustees Deed
related
—
Apr 27, 2010
$486,727
T A Bragg
Deputy Public Te Of Boulder Cnty
Certificate Of Purchase
$455,000
—
—
T A Bragg
—
Deed Of Trust
related
$32,500 · Bank Of Choice
—
—
T A Bragg
—
Deed Of Trust
related
$32,500 · Bank Of Choice
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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