201 6Th AveGreeley, CO 80631

Property Details for 201 6Th Ave

Year built

1985

Lot size

0.33 AC

Property size (Sq ft)

1,800 SF

Property type

Warehouses

APN

R0179088

APU

R0179088

Description

This exceptional Greeley, Colorado industrial property, located at 201-205 6th Avenue, offers 60,408 square feet of versatile space ideal for a variety of uses. Built in 1954 and extensively renovated in 2005, the property boasts a blend of warehouse, distribution, and flex space, making it suitable for diverse business needs. Currently, 15,348 square feet of industrial space is available for lease, complemented by approximately 16,000 square feet of valuable outdoor storage. The available space will feature upgraded amenities including fresh paint, new overhead doors, new man doors, and a secure perimeter fence. The property's convenient location near downtown Greeley ensures easy access to Highway 85, enhancing logistical efficiency. Zoned for Industrial Medium Intensity use, this property is well-suited for a range of businesses, including automotive repair and warehouse/storage operations. The property's size, location, and recent renovations present a compelling opportunity for businesses seeking a functional and well-maintained industrial space in a thriving Colorado community. The zip code is 80631.

• CAP approach

  CAP return

  Valuation

  6%

  $944,727

  6.5%

  $872,056

  7%

  $809,766

• Comparable approach

  Method

  Valuation

  Relative Method

  $756,253

  Geo Method

  $237,946

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $449,872

  Mixed-Use / Specialty

  $450,385

  Hospitality / Lodging

  $333,189

  Office

  $449,914

  Institutional / Educational

  $468,975

  Residential Income

  $548,701

  Multifamily

  $646,348

  Automotive / Energy

  $401,979

  Parking / Income-Based Land

  $136,627

  Restaurant / Food Service

  $238,766

  Healthcare / Senior Housing

  $459,691

Location Insight

City

Greeley

County

Weld

State

Colorado

Latitude

40.4354

Longitude

-104.688

CBSA code

24540

CBSA name

GREELEY, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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