525 3Rd AveLongmont, CO 80501

  • Office buildings
  • 6,312 SF
For Lease
$20/SF/YR View listing

Property Details for 525 3Rd Ave

Year built
1905
Construction
BRICK
Lot size
0.15 AC
Property size (Sq ft)
6,312 SF
Zone code
2120
Property type
Office buildings
APN
1315-03-4-19-001
APU
131503419001

Description

This exceptional executive office space at 525 3rd Ave in Longmont, Colorado, offers a variety of suite sizes perfect for businesses of all scales. Located in Boulder County, this commercially zoned building boasts a total of 2,871 square feet, with a significant portion currently vacant at 2,086 square feet. The property is ideal for multiple tenants, offering flexible lease options ranging from a minimum of 160 square feet to a maximum contiguous space of 1,063 square feet. This presents a unique opportunity for businesses seeking a modern and efficient workspace in a thriving Longmont location. The building's address is 525 3rd Ave, Longmont, CO 80501. The property is conveniently located and easily accessible. The available space is perfect for a variety of business needs, from small startups to established companies requiring flexible office solutions. With its prime location and adaptable floor plans, this property represents a compelling opportunity for businesses seeking a strategic foothold in the vibrant Longmont market. The building is zoned for commercial use, ensuring a seamless transition for any business. Contact us today to learn more about leasing opportunities and to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,508,093
    6.5%
    $1,392,086
    7%
    $1,292,651
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,657,455
    Geo Method
    $521,497
  • Alternative Use

    Use
    Valuation
    Residential
    $1,726,187
    Hospitality
    $1,581,178
    Educational
    $1,315,521
    Medical
    $1,360,764
    Retail
    $2,046,367
525 3Rd Ave, Longmont, Colorado

Location Insight

City
Longmont
County
Boulder
State
Colorado
Latitude
40.1637
Longitude
-105.102
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
$51,710
$90,815
$438,030
$528,845
-
$325,500
$1,570,000
$1,895,500

FAQs

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