5801 11Th StGreeley, CO 80634

Property Details for 5801 11Th St

Year built

1998

Lot size

4.32 AC

Property size (Sq ft)

23,504 SF

Property type

Banks

APN

R6940698

APU

R6940698

Description

This exceptional 36,077 square foot executive office building, situated on a 4.32-acre lot in Weld County, Colorado, presents a unique opportunity. Constructed in 1998, this three-story building offers flexible space options, ideal for a variety of businesses. The property is currently entirely vacant, providing a blank canvas for a new owner or tenant. The minimum divisible space is 11,601 square feet, while the maximum contiguous space available is 12,238 square feet. This presents a rare chance to acquire a substantial, well-located office building in a thriving area. Previously occupied by a bank branch and additional tenants, the building's history demonstrates its suitability for a range of professional uses. The building's layout and infrastructure are well-suited for a variety of configurations, allowing for customization to meet specific business needs. The address is 5801 W 11th Street, Greeley, Colorado. This sale/leaseback opportunity offers significant potential for growth and return on investment. The property's size and location make it an attractive proposition for businesses seeking a prominent presence in the Greeley market. The building's solid construction and well-maintained condition ensure a smooth transition for any new occupant. This is a rare chance to acquire a substantial, turnkey office building in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $8,255,062

  6.5%

  $7,620,058

  7%

  $7,075,768

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,553,101

  Geo Method

  $4,893,589

• Alternative Use

  Use

  Valuation

  Residential

  $6,427,804

  Hospitality

  $5,887,834

  Educational

  $4,898,608

  Medical

  $5,067,079

  Retail

  $7,620,058

Location Insight

City

Greeley

County

Weld

State

Colorado

Latitude

40.4203

Longitude

-104.774

CBSA code

24540

CBSA name

GREELEY, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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