5800 18Th StGreeley, CO 80634

Property Details for 5800 18Th St

Year built

1981

Lot size

1.90 AC

Property size (Sq ft)

37,992 SF

Property type

Warehouses

APN

R8941227

APU

R8941227

Description

This exceptional 37,992 square foot multi-tenant flex space, located at 5800 W 18th St in Greeley, Colorado, presents a unique opportunity for businesses seeking versatile commercial space. Situated in the Midtown submarket of Weld County, this property boasts a prime location with convenient access to W 18th St and 59th Ave. Built in 1981 and renovated in 1997, the building features a two-story design with a total of four suites. Currently, 10,700 contiguous square feet are available, with a minimum divisible space of 5,035 square feet. The property includes three loading docks and three dock-high doors, ideal for warehouse or distribution needs. Ample parking is provided with 58 total spaces, complemented by three drive-in bays. The property sits on 1.899 acres of land and is zoned Commercial High Intensity (C-H), offering flexibility for a variety of uses, including office, warehouse, distribution, and special purpose. The building's floor area ratio (FAR) is 0.46. This well-maintained property offers a turnkey solution for businesses seeking a functional and strategically located space in the thriving Greeley market. The property's APN is 095910327001. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $19,940,000

  6.5%

  $18,406,200

  7%

  $17,091,500

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,962,000

  Geo Method

  $5,022,240

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $9,495,300

  Mixed-Use / Specialty

  $9,506,120

  Hospitality / Lodging

  $7,032,500

  Office

  $9,496,180

  Institutional / Educational

  $9,898,500

  Residential Income

  $11,581,200

  Multifamily

  $13,642,300

  Automotive / Energy

  $8,484,430

  Parking / Income-Based Land

  $2,883,740

  Restaurant / Food Service

  $5,039,550

  Healthcare / Senior Housing

  $9,702,540

Location Insight

City

Greeley

County

Weld

State

Colorado

Latitude

40.4096

Longitude

-104.774

CBSA code

24540

CBSA name

GREELEY, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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