4030 Bruin BlvdLongmont, CO 80504

  • Warehouses
  • 15,100 SF
For Lease
$15/SF/YR View listing

Property Details for 4030 Bruin Blvd

Year built
2019
Lot size
3.39 AC
Property size (Sq ft)
15,100 SF
Property type
Warehouses
APN
R7993699
APU
R7993699

Description

This exceptional Longmont, Colorado industrial property, located at 4030 Bruin Blvd, offers a unique blend of office and warehouse space, ideal for a variety of businesses. The property boasts a total of 15,000 square feet across two single-story buildings, constructed in 2020. Currently, 5,000 square feet of space is available for lease, divisible to a minimum of 5,000 square feet. The flexible layout includes a combination of traditional office space and warehouse areas, perfect for businesses needing both administrative and storage capabilities. Units feature a minimum 16-foot clear height, 12' x 14' overhead doors, and 3-phase power. The warehouse component is complemented by a large fenced outdoor storage yard, providing ample space for equipment or materials. The property sits on a 6-acre lot and is zoned for industrial use. Modern amenities include 16 security cameras with live feed accessible via a tenant app. The property enjoys a convenient location near I-25, offering easy access to major transportation routes. The current lease rate is $15.00/SF NNN, with a projected 2024 estimate of $7.92/SF NNN. This Class B property presents a compelling opportunity for businesses seeking a versatile and well-equipped space in a prime Longmont location. The APN is 131314002010.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,925,210
    6.5%
    $7,315,580
    7%
    $6,793,040
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,344,120
    Geo Method
    $1,996,100
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $3,773,930
    Mixed-Use / Specialty
    $3,778,230
    Hospitality / Lodging
    $2,795,080
    Office
    $3,774,280
    Institutional / Educational
    $3,934,180
    Residential Income
    $4,602,990
    Multifamily
    $5,422,140
    Automotive / Energy
    $3,372,150
    Parking / Income-Based Land
    $1,146,150
    Restaurant / Food Service
    $2,002,980
    Healthcare / Senior Housing
    $3,856,290

Location Insight

City
Frederick
County
Weld
State
Colorado
Latitude
40.1321
Longitude
-104.972
CBSA code
24540
CBSA name
GREELEY, 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
$153,537
$206,000
$1,339,660
$1,545,660
-
$738,342
$4,801,658
$5,540,000

FAQs

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