940 9Th AveGreeley, CO 80631

  • Retail space
  • 2,470 SF

Property Details for 940 9Th Ave

Year built
1908
Lot size
0.03 AC
Property size (Sq ft)
2,470 SF
Property type
Retail space
APN
R0069189
APU
R0069189

Description

This exceptional 778-square-foot commercial property, located at 940 9th Avenue in Greeley, Colorado, presents a fantastic opportunity for a single-tenant retail or restaurant business. Situated in Weld County, this property boasts a convenient location with excellent visibility and accessibility. The entire space is currently vacant, offering immediate occupancy for a new tenant. The property is classified as a retail or restaurant space, making it ideal for a variety of businesses. The address is 940 9th Ave, Greeley, CO 80631. The property's geographic coordinates are latitude 40.4227 and longitude -104.6923687. This single-tenant space offers a blank canvas for a business to establish its presence in a thriving community. The building's total square footage is 778 square feet, providing ample space for a variety of retail or restaurant concepts. The property is available for lease, presenting a unique opportunity for businesses seeking a well-located and readily available space in Greeley, Colorado. This is a single-tenant occupancy, ensuring exclusive use of the entire space. The property is ready for immediate occupancy, allowing for a quick and efficient start to operations. Interested parties are encouraged to inquire further to explore the possibilities this prime location offers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $668,768
    6.5%
    $617,324
    7%
    $573,230
  • Comparable approach

    Method
    Valuation
    Relative Method
    $674,536
    Geo Method
    $212,234
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,196,650
    Mixed-Use / Specialty
    $618,028
    Hospitality / Lodging
    $457,209
    Office
    $617,382
    Institutional / Educational
    $643,538
    Residential Income
    $752,940
    Multifamily
    $886,933
    Automotive / Energy
    $551,604
    Parking / Income-Based Land
    $187,482
    Restaurant / Food Service
    $327,640
    Healthcare / Senior Housing
    $630,798

Location Insight

City
Greeley
County
Weld
State
Colorado
Latitude
40.4227
Longitude
-104.692
CBSA code
24540
CBSA name
GREELEY, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,203
$2,790
$77,820
$80,610
-
$10,000
$278,920
$288,920

FAQs

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