1551 Professional LnLongmont, CO 80501

  • Healthcare properties
  • 107,805 SF
For Lease
$19/SF/YR View listing

Property Details for 1551 Professional Ln

Year built
2001
Construction
TILT-UP CONCRETE
Lot size
7.45 AC
Property size (Sq ft)
107,805 SF
Zone code
2137
Property type
Healthcare properties
Property subtype
Medical offices
APN
1315-15-1-49-001
APU
131515149001

Description

This exceptional Class A office building, located at 1551 Professional Lane in Longmont, Colorado, offers 35,032 square feet of versatile space ideal for a variety of professional uses. The property features seven suites, with a minimum divisible space of 946 square feet and a maximum contiguous space of 11,891 square feet. Currently, 17,685 square feet is available for lease. The building boasts recently renovated common areas and a lobby, creating a modern and inviting atmosphere. Its design is well-suited for technology firms, software companies, law firms, engineering businesses, financial institutions, insurance providers, medical practices, real estate agencies, and other professional office users. The property includes the potential for a turnkey ambulatory surgery center (ASC). Landlord work letters are available to customize spaces to meet specific tenant needs. Situated along US Highway 287, this location provides convenient access to the Diagonal Highway connecting Longmont and Boulder, and is only 5 miles from Interstate 25, offering easy access to the greater Denver Metro area. This prime location within the thriving Longmont professional community presents a unique opportunity for businesses seeking high-quality office space in Boulder County (zip code 80501).

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $25,757,288
    6.5%
    $23,775,958
    7%
    $22,077,676
  • Comparable approach

    Method
    Valuation
    Relative Method
    $28,308,286
    Geo Method
    $8,906,849
  • Alternative Use

    Use
    Valuation
    Residential
    $29,482,188
    Hospitality
    $27,005,526
    Educational
    $22,468,280
    Medical
    $23,241,000
    Retail
    $34,950,660
1551 Professional Ln, Longmont, Colorado

Location Insight

City
Longmont
County
Boulder
State
Colorado
Latitude
40.1394
Longitude
-105.101
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
$394,069
$623,565
$3,561,435
$4,185,000
-
$2,235,000
$12,765,000
$15,000,000

FAQs

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