Commercial Real Estate in Longmont – Page 6

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Reonomy attracts a large community of Longmont commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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Longmont commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Colorado Longmont
Average price/sqft $1,075 $2,440 $755
Median price/sqft $120 $185 $213
Average sold price $1,044,280 $1,323,150 $1,402,048
Median sold price $197,184 $396,682 $564,290
Number of sales 3,896,619 94,882 1,414
Number of sales over $250k 1,652,112 65,000 1,336
Number of sales over $1m 376,992 15,217 262
Number of sales over $10m 51,617 1,895 20
Average total tax amount $9,270 $6,486 $12,135
Average assessed value $316,885 $83,509 $134,067
Average market value $436,996 $398,810 $675,287

Longmont commercial real estate property averages

Property averages United States Colorado Longmont
Average lot size 816,554 sf 1,643,682 sf 482,193 sf
Median lot size 24,475 sf 42,489 sf 14,475 sf
Average building area 1,077 sf 4,615 sf 20,615 sf
Median building area 77 sf 137 sf 150 sf
Median year built 1971 1981 1979
Average number of units 16 15 34
Median number of units 2 2 6

Longmont commercial real estate total supply

Supply United States Colorado Longmont
Number of parcels 58,466,290 883,400 8,702
Aggregate lot acerage 1,006,474,711 24,407,049 75,251
Aggregate building area 8,055,396,245 sf 645,450,700 sf 61,352,328 sf
Aggregate units 90,031,430 1,122,242 26,767

Longmont commercial real estate industrial mortgages

Debt United States Colorado Longmont
Number of mortgages 41,929,296 709,282 15,499
Average value of mortgages $5,197,800 $8,620,266 $11,148,466

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