1770 25Th AveGreeley, CO 80634

Property Details for 1770 25Th Ave

Year built

1979

Lot size

0.69 AC

Property size (Sq ft)

11,900 SF

Property type

Office properties

Property subtype

Office buildings

APN

R2291586

APU

R2291586

Description

This exceptional three-story, 11,900 square foot Class B office building, constructed in 1979 and renovated in 2020, presents a rare opportunity in Cottonwood Commons. Located at 1770 25th Avenue, near 25th Avenue, this multi-tenant property offers a total of 65 parking spaces, a significant advantage in this area. The building boasts 10-foot ceilings and features suites ranging from a minimum of 270 square feet to a maximum contiguous space of 1,309 square feet. Currently, 1,849 square feet of space is available for lease. The property sits on a 0.726-acre lot (31,625 square feet) and is zoned CL - Commercial Low Intensity in Weld County. The building benefits from a gross lease structure, a highly desirable feature for tenants. Monument signage is available, providing excellent visibility for businesses. Its convenient location offers proximity to various amenities and a nearby hospital, making it an attractive option for a wide range of businesses. The property's features include ample parking and a well-maintained professional atmosphere. Property taxes are $2.28 per square foot. While there are three total suites in the building, there are currently two spaces available. No elevators are present in this building.

• CAP approach

  CAP return

  Valuation

  6%

  $2,843,205

  6.5%

  $2,624,497

  7%

  $2,437,033

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,124,796

  Geo Method

  $983,178

• Alternative Use

  Use

  Valuation

  Residential

  $3,254,376

  Hospitality

  $2,980,991

  Educational

  $2,480,150

  Medical

  $2,565,446

  Retail

  $3,858,011

Location Insight

City

Greeley

County

Weld

State

Colorado

Latitude

40.4122

Longitude

-104.719

CBSA code

24540

CBSA name

GREELEY, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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