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1110 Neon Forest Cir #B, Longmont, CO 80504
$280,000
1110 Neon Forest Cir #B, Longmont, CO 80504View this property at 1110 Neon Forest Cir #B, Longmont, CO 80504
1110 Neon Forest Cir #BLongmontCO80504
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Property Description
Welcome to Prospect New Town, situated at the gatewaybetween Boulder and Longmont. This is a Single Tenant NNN Opportunity that was constructed in 2010. This 1,031 square foot condominium allows for both retail and/or office space uses. The space has a large open area that the Tenant has divided into several design areas, ADA restrooms and a small office space. Please note, the Kitchen is for display purposes only and is not aworking kitchen. Additionally, there is a one car garage for the space as well. There is currently a lease in place with Landsea Homes Corporation, who is using the building as their design center. Landsea Homes Corporation is a publicly traded company on the NASDAQ. The stock symbol is "LSEA" Landsea has nearly a half abillion dollars in market value as of December 22, 2023.The rent for the property is $1,500 per month and the Tenant is responsible for all NNN expenses on an absolute net basis. Beginning on December 1st, 2024, the base rent increases to $1,625 per month plus all NNN expenses. The lease expires on November 30th, 2025. The lease extension does have a provision to allow the Tenant to have an early termination right with 4 months notice. During this four month period, the lease rate would increase to $2,250.00 per month.
Full Property Details
Full Property Details for 1110 Neon Forest Cir #B
General
- Price: $280,000
- Status: Active
- Type: Industrial
- MLS ID: 1001655
- Updated: 1/19/2024
- Added to Site: 107 day(s) ago
Business
- Business Type: Office Condominium
Location
- Area: Longmont
- County: Boulder
- Subdivision: Neon Forest Condos
Heating & Cooling
- Cooling Type: Refrigeration/HVAC
- Heating Type: Forced Air
Utilities
- Gas: Natural Gas
- Sewer: City Sewer
- Water: City Water, City
Structural Information
- Exterior Const.: Brick/Brick Veneer
- Basement Desc.: None
- Square Feet: 1,031
- Year Built: 2010
Lot Features
- Lot Size (Acres): 0.16
- Zoning: PUD
Financial Considerations
- Tenant Pays: Deposit
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Exclusions: All Seller's Personal Property
Listed by RE/MAX Traditions Commercial (303) 772-3800
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Schools
Schools serving 1110 Neon Forest Cir #B
School District:St. Vrain Valley School District No. Re1j
Rating | Name | Grades | Distance |
---|---|---|---|
1051 S Pratt Pkwy, Longmont, CO 80501 | PK-5 | 0.8 mi | |
1300 S Sunset St, Longmont, CO 80501 | 6-8 | 1.1 mi | |
8989 Niwot Rd, Niwot, CO 80503 | 9-12 | 3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1110 Neon Forest Cir #B
Date
Details
Price
Change
Source
1/16/2024
Listed
$280,000
9.59%
MLS
11/16/2016
Sold
$255,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1110 Neon Forest Cir #B
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,105
-4%
$83,672
10%
2021
$7,417
-2%
$76,125
—
2022
$7,533
2%
$76,125
5%
2021
$7,417
59%
$72,500
48%
2018
$4,655
1%
$49,010
—
2017
$4,592
-34%
$49,010
-32%
2019
$6,932
78%
$72,500
78%
2016
$3,897
5%
$40,774
—
2015
$3,714
3%
$40,774
5%
2014
$3,614
—
$38,831
—
2013
$3,627
—
$38,831
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1110 Neon Forest Cir #B
1110 Neon Forest Cir #B, Longmont, CO 80504 (MLS# 1001655) is a Industrial property. 1110 Neon Forest Cir #B is currently listed for $280,000 and was received on January 16, 2024. Want to learn more about 1110 Neon Forest Cir #B? Do you have questions about finding other Industrial real estate for sale in Longmont? You can browse all Longmont real estate or contact a Coldwell Banker agent to request more information.