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Longmont 80504
1105 Neon Forest Cir
$239,000
● Land - For Sale

1105 Neon Forest Cir

Longmont, CO 80504
bedrooms
Studio
bathrooms
0 Bath
$1,876
Est. Monthly
$122
HOA / Fees

About This Property

Nestled in the heart of Prospect, this piece of land provides opportunity to build a great retail and residential investment. Live and work in Longmont's popular Prospect community with a great urban vibe. 1105 Neon Forest can accommodate main floor retail and up to 2 residences on the 2nd and 3rd floors. Architectural floorpans are available from listing brokers. Call brokers with questions.
Unit Size
-
Days on Market
-
Land Size
0.04 acres
Price per sqft
-
Property Type
Land
Property Taxes
$580
HOA Dues
$122
Year Built
-

Listed By

Brandi Schott
The Colorado Group
Barbara Pozzi
The Colorado Group

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (IRES MLS #1032206)

Price History

Date / Event Date Event Price
Apr 24, 2025 Listed by The Colorado Group $239,000
Listed by The Colorado Group
Feb 23, 2018 Sold
Premium
Sold
Oct 15, 2015 Sold
Premium
Sold

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Size Area: 1876
Lot Size Units: Square Feet
Lot Size Acres: 0.04
Lot Size Square Feet: 1876
Water Source: City Water, City of Longmont
Financial Details
Tax Annual Amount: $6,960
Utilities Details
Sewer : City Sewer
Location Details
HOA Fee: $55
HOA Fee Frequency: Monthly
Condo/Coop Fee: $67
Condo/Coop Fee Frequency: Quarterly

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Business/Commerical Units Count: 2
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,876
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: WALLACE ADDN 4TH FLG
  • Land Acres: 0000000043
  • Standard Land Use Code: 8001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 44 WALLACE ADDN 4TH FLG

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013211

Geography

  • Account Number: R0504755
  • Parcel: R0504755
  • Lot: 44
  • Meridian: SEC 15 TWN 2N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1339
  • Longitude: -105.104

    Address

  • Full Address: 1105 Neon Forest Cir
  • Address - House Number: 1105
  • Address - Street Name: Neon Forest
  • Address - Suffix Type: Cir
  • State: CO
  • City Name: Longmont
  • Carrier Code: R027
  • 4-Digit Zip Code: 7028
  • Zip Code: 80504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $559,888
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 00-680

    Market Valuation

  • Market Total Value: $327,767
  • Market Land Value: $327,767

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,447
  • Assessed Land Value: $91,447

    Sales

  • Current Sale Contract Date: Feb 22, 2018
  • Current Sale Recording Date: Feb 23, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3641836
  • Previous Sale Recording Date: Oct 15, 2015
  • Previous Sale Contract Date: Oct 02, 2015
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Longmont

Stats & Trends

Median Asking:

$545,000

Sale Price/ft²

$295

Above Asking

0.00%

Average Days on Market

51

Average Home Size

1980 ft²

Average Home Age

33.9 years

Currently For Sale

536 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
IRES

Listed by: Brandi Schott, The Colorado Group
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1032206
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 1105 Neon Forest Circle built and last sold?
The property at 1105 Neon Forest Circle was built in and last sold on Feb 22, 2018 for $125,000.
How much is this home worth?
The estimated value of the home located at 1105 Neon Forest Circle is $241,390.
What are some comparable homes to 1105 Neon Forest Circle?
There are currently no comparable homes to 1105 Neon Forest Circle.
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