11347 Business Park CirLongmont, CO 80504

Property Details for 11347 Business Park Cir

Year built

2006

Lot size

1.33 AC

Property size (Sq ft)

16,200 SF

Property type

Office properties

Property subtype

Office buildings

APN

R6781138

APU

R6781138

Description

This exceptional 16,200-square-foot freestanding executive office building, constructed in 2006 and renovated in 2020, presents a unique opportunity in Longmont, Colorado. Situated on a 1.32-acre lot within the Del Camino Junction Business Park, this single-tenant property boasts a prime location just off Interstate 25 in Firestone, offering unparalleled accessibility. The building's strategic placement provides proximity to a variety of amenities, including Starbucks and other fast-food restaurants, and is conveniently located across Firestone Boulevard from the Longmont Park-n-Ride. The property is zoned for Employment Center and Regional Commercial use. With 45 surface parking spaces, ample parking is readily available. The flexible design allows for potential subdivision to generate rental income, offsetting operating costs. All furnishings are negotiable. This well-maintained building offers a rare chance to lease at below-market rates or purchase at a price significantly below reproduction cost. The property is located at 11347 Business Park Circle, Longmont, CO 80504, in Weld County.

• CAP approach

  CAP return

  Valuation

  6%

  $3,870,582

  6.5%

  $3,572,845

  7%

  $3,317,642

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,253,924

  Geo Method

  $1,338,444

• Alternative Use

  Use

  Valuation

  Residential

  $4,430,328

  Hospitality

  $4,058,156

  Educational

  $3,376,338

  Medical

  $3,492,456

  Retail

  $5,252,082

Location Insight

City

Firestone

County

Weld

State

Colorado

Latitude

40.1659

Longitude

-104.977

CBSA code

24540

CBSA name

GREELEY, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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