5255 Ronald Reagan BlvdJohnstown, CO 80534

Property Details for 5255 Ronald Reagan Blvd

Year built

2007

Construction

WOOD FRAME

Lot size

0.08 AC

Property size (Sq ft)

3,954 SF

Property type

Office properties

Property subtype

Office buildings

APN

85151-19-001

APU

8515119001

Description

This exceptional Class A office condominium complex, Ridgeview Office Condominiums, presents a unique investment opportunity in Johnstown, Colorado. Located at 5255 Ronald Reagan Blvd, near US Hwy 34, this two-story building offers stunning western views and convenient access to shopping, dining, and major transportation routes. The property boasts a total of 9,826 square feet, divided into four suites, with 5,146 square feet currently available. Individual suites range from a minimum of 2,305 square feet to a maximum contiguous space of 5,146 square feet, providing flexibility for various business needs. Built in 2007, the building features a 10-foot ceiling height, adding to the spacious feel. Amenities include elevators and convenient access to the vibrant communities of Loveland, Fort Collins, Greeley, Boulder, Longmont, and Denver. The property is zoned PUD and offers both creative and traditional office spaces, making it ideal for a variety of businesses. Property taxes are $10.12 per square foot. This is a rare opportunity to acquire prime office space in a thriving Colorado location. Don't miss out on this chance to secure your ideal workspace in this sought-after development.

• CAP approach

  CAP return

  Valuation

  6%

  $944,709

  6.5%

  $872,039

  7%

  $809,750

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,038,272

  Geo Method

  $326,679

• Alternative Use

  Use

  Valuation

  Residential

  $1,081,328

  Hospitality

  $990,491

  Educational

  $824,077

  Medical

  $852,418

  Retail

  $1,281,897

Location Insight

City

Johnstown

County

Larimer

State

Colorado

Latitude

40.4043

Longitude

-104.988

CBSA code

22660

CBSA name

FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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