710 12Th StGreeley, CO 80631

Property Details for 710 12Th St

Year built

1964

Lot size

0.25 AC

Property size (Sq ft)

5,700 SF

Property type

Warehouses

APN

R3246386

APU

R3246386

Description

This exceptional 5,700-square-foot building presents a unique opportunity for businesses seeking versatile space in a prime location. The property seamlessly blends flex space, warehouse functionality, and retail potential, making it suitable for a wide range of commercial uses. The layout includes multiple offices, private restrooms, and a sizable warehouse area equipped with one overhead door, facilitating efficient loading and unloading. A significant advantage is the inclusion of a fully fenced outdoor yard, providing ample secure storage or operational space. Situated in the heart of Greeley's rapidly developing downtown area, this property benefits from high visibility and easy access to a vibrant mix of retail and restaurant establishments. Abundant parking is available both on-site and on the surrounding streets, ensuring convenient access for employees and customers. The building also offers excellent signage opportunities, enhancing brand visibility and attracting potential clients. This property is a single-tenant building, offering exclusive use and control of the entire space. The combination of flexible space, prime location, and convenient amenities makes this an exceptional opportunity for businesses seeking to establish or expand their operations in a thriving downtown environment.

• CAP approach

  CAP return

  Valuation

  6%

  $2,991,640

  6.5%

  $2,761,510

  7%

  $2,564,260

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,394,800

  Geo Method

  $753,494

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $1,424,590

  Mixed-Use / Specialty

  $1,426,220

  Hospitality / Lodging

  $1,055,100

  Office

  $1,424,730

  Institutional / Educational

  $1,485,090

  Residential Income

  $1,737,550

  Multifamily

  $2,046,770

  Automotive / Energy

  $1,272,930

  Parking / Income-Based Land

  $432,651

  Restaurant / Food Service

  $756,092

  Healthcare / Senior Housing

  $1,455,690

Location Insight

City

Greeley

County

Weld

State

Colorado

Latitude

40.4194

Longitude

-104.69

CBSA code

24540

CBSA name

GREELEY, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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