1110 Boston AveLongmont, CO 80501

  • Industrial properties
  • 11,680 SF
For Sale
$2,700,000 View listing

Property Details for 1110 Boston Ave

Year built
1995
Construction
CONCRETE BLOCKS
Lot size
0.40 AC
Property size (Sq ft)
11,680 SF
Zone code
3110
Property type
Industrial properties
APN
1315-10-2-02-004
APU
131510202004

Description

This Longmont, CO property at 1110 Boston Ave offers 11,680 square feet of versatile office space, ideal for a variety of businesses. Currently, 7,870 square feet are available for lease, divisible into units ranging from 2,030 to 5,840 contiguous square feet. The building features a mix of lab/shop space, offices, conference rooms, and breakrooms. It benefits from a MU-E zoning designation, allowing for flexible use. The property includes elevators and is conveniently located near open space and recreational amenities. Two suites are available, offering immediate occupancy. The space is well-lit and functional, making it an attractive option for businesses seeking a productive and convenient work environment in Longmont, CO 80501. Virtual tours are available online.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,130,230
    6.5%
    $5,658,680
    7%
    $5,254,480
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,907,240
    Geo Method
    $1,544,000
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $2,919,170
    Mixed-Use / Specialty
    $2,922,500
    Hospitality / Lodging
    $2,162,020
    Office
    $2,919,440
    Institutional / Educational
    $3,043,130
    Residential Income
    $3,560,460
    Multifamily
    $4,194,080
    Automotive / Energy
    $2,608,400
    Parking / Income-Based Land
    $886,556
    Restaurant / Food Service
    $1,549,330
    Healthcare / Senior Housing
    $2,982,880

Location Insight

City
Longmont
County
Boulder
State
Colorado
Latitude
40.1574
Longitude
-105.111
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
$55,280
$111,600
$474,300
$585,900
-
$400,000
$1,700,000
$2,100,000

FAQs

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