1818 Mountain View AveLongmont, CO 80501

Property Details for 1818 Mountain View Ave

Year built

1982

Construction

CONCRETE

Lot size

0.35 AC

Property size (Sq ft)

1,952 SF

Zone code

2137

Property type

Healthcare properties

Property subtype

Medical offices

APN

1205-33-2-21-004

APU

120533221004

Description

This exceptional two-story, 6,222 square foot medical office building is situated on a 0.35-acre corner lot in Longmont, Colorado. Built in 1982 and renovated in 2010, the property boasts a prime location with high visibility and strong signage opportunities on Mountain View Avenue and Linden Street West, experiencing over 8,000 vehicles daily. The building is currently vacant, presenting a turnkey opportunity for an owner-user or investor with a tenant. Its strategic location in Boulder County offers easy access to additional healthcare services, including nearby UC Health Longmont Clinic and CommonSpirit Longmont United Hospital. The property benefits from a strong medical trade area and low historical vacancy rates in the Longmont submarket (6.0%), significantly lower than the Denver office vacancy rate (20.4%). The permitted zoning is MU-N. This well-maintained building offers a rare chance to acquire a substantial medical office space in a thriving Colorado market. The asking price is $1,850,000.

• CAP approach

  CAP return

  Valuation

  6%

  $466,381

  6.5%

  $430,506

  7%

  $399,755

• Comparable approach

  Method

  Valuation

  Relative Method

  $512,572

  Geo Method

  $161,274

• Alternative Use

  Use

  Valuation

  Residential

  $533,827

  Hospitality

  $488,983

  Educational

  $406,828

  Medical

  $420,819

  Retail

  $632,843

Location Insight

City

Longmont

County

Boulder

State

Colorado

Latitude

40.1816

Longitude

-105.122

CBSA code

14500

CBSA name

BOULDER, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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