1055 17Th AveLongmont, CO 80501

Property Details for 1055 17Th Ave

Year built

1978

Construction

BRICK

Lot size

1.64 AC

Property size (Sq ft)

13,462 SF

Zone code

2137

Property type

Healthcare properties

Property subtype

Medical offices

APN

1205-34-2-06-001

APU

120534206001

Description

This exceptional three-story office building, located at 1055 17th Avenue in Longmont, Colorado, offers a prime opportunity for businesses seeking versatile and modern workspace. The property boasts a total of two available suites, ranging in size from 1,575 to 1,822 square feet, perfect for a variety of needs. The building's classification includes Medical Office, Traditional Office, and Executive Office spaces, catering to diverse professional requirements. Situated in Boulder County's Boulder submarket, this central Longmont location benefits from its proximity to residential areas, ensuring high visibility and accessibility for clients and employees. The building underwent extensive renovations in 2023, ensuring modern amenities and a contemporary aesthetic. The multiple tenancy structure provides flexibility for businesses of varying sizes. The property's zip code is 80501. This is an excellent opportunity to establish or expand your business in a thriving and convenient location. The building's strategic location within Longmont offers easy access to local amenities and a strong residential base. Don't miss this chance to secure your ideal office space in this newly renovated and well-positioned building.

• CAP approach

  CAP return

  Valuation

  6%

  $3,216,406

  6.5%

  $2,968,990

  7%

  $2,756,919

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,534,958

  Geo Method

  $1,112,230

• Alternative Use

  Use

  Valuation

  Residential

  $3,681,548

  Hospitality

  $3,372,278

  Educational

  $2,805,696

  Medical

  $2,902,188

  Retail

  $4,364,415

Location Insight

City

Longmont

County

Boulder

State

Colorado

Latitude

40.1881

Longitude

-105.109

CBSA code

14500

CBSA name

BOULDER, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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