2900 F StGreeley, CO 80631

Property Details for 2900 F St

Year built

1984

Lot size

5.41 AC

Property size (Sq ft)

5,453 SF

Property type

Office properties

Property subtype

Office buildings

APN

R5233308

APU

R5233308

Description

This exceptional 10,758 square foot commercial property in Greeley, Colorado presents a lucrative investment opportunity. Situated on a generous 5.42-acre lot, this property boasts a versatile layout ideal for a variety of industrial uses. The zoning designation is I-M, allowing for flexibility in future development or tenant occupancy. The property includes a substantial 5,305 square foot warehouse, equipped with radiant heat, water, and sewer lines. Ample outdoor space is available, with over 3.5 acres dedicated to parking and storage, providing significant operational advantages. The accompanying 5,453 square foot office building offers a spacious and functional workspace. This building features a large conference room with the potential for division, creating additional flexibility, and a total of fourteen individual office spaces. The dual entrances allow for the possibility of dividing the office space into two independent units, catering to multiple tenants or internal departmental separation. This property is currently occupied by a tenant, offering immediate cash flow potential. The combination of warehouse space, extensive office accommodations, and ample outdoor area makes this a highly desirable and versatile commercial property. The asking price is $2,150,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,302,857

  6.5%

  $1,202,637

  7%

  $1,116,734

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,431,892

  Geo Method

  $450,527

• Alternative Use

  Use

  Valuation

  Residential

  $1,491,270

  Hospitality

  $1,365,995

  Educational

  $1,136,492

  Medical

  $1,175,578

  Retail

  $1,767,877

Location Insight

City

Greeley

County

Weld

State

Colorado

Latitude

40.4407

Longitude

-104.727

CBSA code

24540

CBSA name

GREELEY, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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