$410,000
●
Commercial -
Off Market
308 Mountain View Dr #H
Johnstown, CO 80513
Studio
0 Bath
$2,764
Est. Monthly
3.08%
Cap Rate
About This Property
Available for Sale $420,000, Commercial space offers 1940 sq feet
plus 560sq feet of Mezzanine totaling 2500 sq feet. Newer
Carpet, Newer Paint, office store front with a kitchenette, ADA
bathroom. 2 person door on east and west sides of the
unit, 12 x 14 Overhead door on the west side of unit. Easy access
to all of Northern Colorado and Denver. 14' tall x 12' wide
overhead door. 17'-22' clear height. Shop electricity is 200
AMP, Radiant Heat, with AC in the front office, Prime location at
the NW Corner is Highway I25 and Highway 60 just north of the new
Buccis. No Automotive is allowed via HOA requirements.
Parking spaces are limited but 4 designated spots. Unit is
leased until 08/31/2024 at $2,300 per month gross modified lease.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$701
HOA Dues
-
Year Built
-
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
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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: 3 years ago (IRES MLS #1005108)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | Price Decreased |
$420,000
↓ $19K
(4.3%) | |
| Price Decreased | |||
| Mar 14, 2024 | Listed by URealty Inc | $439,000 | |
| Listed by URealty Inc | |||
Property Highlights
Air Conditioning
With View
Interior Details
Interior Features: Kitchenette
Basement: None
Exterior Details
Square Footage Source: Other
Security Features: Smoke Detector(s)
Property Condition: Not New, Previously Owned
Year Built: 1999
Building Area Total: 2500
Building Area Units: Square Feet
Construction Materials: Wood/Frame, Metal Siding
Roof: Other
Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Covenants
Lot Size Area: 1
Lot Size Units: Square Feet
Lot Size Square Feet: 1
Water Source: City Water, Town of Johnstown
Financial Details
Tax Annual Amount: $8,414
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Radiant
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/14/2024
|
Loft
|
-
|
-
|
$439,000
Loft
-
|
$410,000
-6.61%
10/07/2024
|
Lindsay Jarvis
URealty Inc
| |
|
04/24/2023
| |
Loft
|
-
|
-
|
$415,000
Loft
-
|
$388,000
-6.51%
10/30/2023
|
Rhett Strom
Group Harmony
|
|
02/18/2022
|
Loft
|
-
|
-
|
$450,000
Loft
-
|
-
-
|
Will Harper
RE/MAX Alliance-FTC South
| |
|
06/07/2011
|
Loft
|
-
|
-
|
$115,000
Loft
-
|
$100,000
-13.04%
03/09/2012
|
Cobey Wess
SVN/Denver Commercial- FTC
| |
|
01/09/2007
|
Loft
|
-
|
-
|
$144,900
Loft
-
|
-
-
|
Susan McClain
American Classic RE CO
| |
|
04/14/2005
|
Loft
|
-
|
-
|
$329,000
Loft
-
|
-
-
|
Debbie Hansen
Group Centerra
| |
|
01/27/2004
| |
Loft
|
-
|
-
|
$159,900
Loft
-
|
$154,500
-3.38%
07/19/2004
|
John Peden
Group Centerra
|
|
12/10/2002
|
Loft
|
-
|
-
|
$175,000
Loft
-
|
-
-
|
Craig C Hau
Group Harmony
| |
|
05/17/2002
|
Loft
|
-
|
-
|
$359,000
Loft
-
|
-
-
|
Larry Sanner
Sanner Realty, LLC
|
Building Info
About Johnstown
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Listed by: Lindsay Jarvis, URealty Inc
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 1005108
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.
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 1005108
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