Commercial Real Estate in Longmont – Page 9

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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 $197,205 $396,658 $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 $12,137
Average assessed value $316,888 $83,510 $134,084
Average market value $436,999 $398,818 $675,338

Longmont commercial real estate property averages

Property averages United States Colorado Longmont
Average lot size 816,567 sf 1,643,710 sf 482,263 sf
Median lot size 24,431 sf 42,500 sf 14,489 sf
Average building area 1,077 sf 4,615 sf 20,622 sf
Median building area 77 sf 137 sf 150 sf
Median year built 1970 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 1,006,448,591 24,406,920 75,251
Aggregate building area 8,055,389,965 sf 645,450,579 sf 61,352,277 sf
Aggregate units 90,028,314 1,122,238 26,767

Longmont commercial real estate industrial mortgages

Debt United States Colorado Longmont
Number of mortgages 41,928,574 709,282 15,499
Average value of mortgages $5,197,803 $8,620,266 $11,148,466

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