4702 Larimer PkwyJohnstown, CO 80534

  • Office properties
  • 1,178 SF
For Sale
$1,276,800 View listing

Property Details for 4702 Larimer Pkwy

Year built
2019
Construction
WOOD FRAME
Lot size
0.10 AC
Property size (Sq ft)
1,178 SF
Property type
Office properties
Property subtype
Office buildings
APN
85142-36-101
APU
8514236101

Description

This exceptional 3,648 square foot executive office condo is located in the thriving 2534 master-planned community in Johnstown, Colorado. Situated on a 600-acre lot at the intersection of I-25 and US Highway 34, this second-floor unit offers unparalleled access to a large regional workforce and customer base, including nearby Fort Collins, Windsor, Greeley, Loveland, Berthoud, and Longmont. Built in 2019, the building features a shared parking lot with a ratio of 2.97 spaces per 1,000 square feet and convenient elevator access. The unit boasts forced-air natural gas heating and cooling, and separately metered electric and gas utilities. Asking price is $1,276,800 ($350/SF). This is a rare opportunity to own a highly desirable office space in one of Northern Colorado's fastest-growing areas. The property is part of the Larimer Parkway Office Condominium Association. Association dues are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $281,453
    6.5%
    $259,803
    7%
    $241,246
  • Comparable approach

    Method
    Valuation
    Relative Method
    $309,329
    Geo Method
    $97,326
  • Alternative Use

    Use
    Valuation
    Residential
    $322,156
    Hospitality
    $295,093
    Educational
    $245,514
    Medical
    $253,958
    Retail
    $381,911
4702 Larimer Pkwy, Johnstown, Colorado

Location Insight

City
Johnstown
County
Larimer
State
Colorado
Latitude
40.4033
Longitude
-104.974
CBSA code
22660
CBSA name
FORT COLLINS-LOVELAND, 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
$11,692
$22,320
$81,468
$103,788
-
$80,000
$292,000
$372,000

FAQs

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