4775 Larimer PkwyJohnstown, CO 80534

Property Details for 4775 Larimer Pkwy

Year built

2008

Lot size

0.25 AC

Property size (Sq ft)

5,790 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

85141-22-001

APU

8514122001

Description

This exceptional 5,651 square foot medical office suite, located on the second floor of a well-maintained, single-building office park at 4775 Larimer Parkway in Johnstown, Colorado 80534, presents a unique leasing opportunity. Built in 2008, this Class B property boasts high-end finishes and custom woodwork, reflecting a commitment to quality and sophistication. The building features a convenient elevator and ample on-site parking, ensuring easy access and convenience for both staff and patients. Its strategic location just off Highway 34 provides excellent visibility and accessibility. The property is ideally situated adjacent to the 2534 master-planned mixed-use community, offering a vibrant and thriving environment. Furthermore, its proximity to Northern Colorado Rehabilitation Hospital and a wealth of surrounding amenities, including restaurants, retailers, hotels, and banks, enhances its appeal and provides a convenient location for both professionals and patients. The property is a multi-tenant building with a total of two stories. This is an exceptional opportunity to secure a premium medical office space in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,383,375

  6.5%

  $1,276,961

  7%

  $1,185,750

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,520,384

  Geo Method

  $478,370

• Alternative Use

  Use

  Valuation

  Residential

  $1,583,432

  Hospitality

  $1,450,415

  Educational

  $1,206,728

  Medical

  $1,248,230

  Retail

  $1,877,133

Location Insight

City

Johnstown

County

Larimer

State

Colorado

Latitude

40.4039

Longitude

-104.973

CBSA code

22660

CBSA name

FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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