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    1201-1215 8Th Ave Greeley, CO 80631

    For Sale
    $2,000,000

    Multi-family/retail development opportunity in downtown Greeley's Opportunity Zone.

    Property size:
    13,031 SF
    Lot size:
    0.75 Acres

    Property Features for 1201-1215 8Th Ave

    General Information

    Size
    13,031 SF
    Lot size
    0.75 Acres

    Source: WayPoint Real Estate Agent Brian Smerud

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Greeley Development Opportunity in Zone

    This commercial land, sized at 13,031 square feet, presents a multi-family and retail development opportunity. Located in downtown Greeley, the property benefits from its location within an Opportunity Zone, Downtown Development District, Redevelopment District, and Enterprise Zone. This location provides major tax benefits and other incentives. The site has the potential to add drive-thru retail.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greeley
    County
    Weld
    State
    Colorado
    Longitude
    -104.6913045
    Latitude
    40.4194915

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    FAQs

    What type of property is this?
    Commercial land - Multi-family/retail development opportunity in downtown Greeley's Opportunity Zone.
    Where is this commercial land located?
    The property is located at 1201-1215 8Th Ave Greeley, CO.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Multi-family/retail development opportunity in downtown Greeley; - Located in Opportunity Zone offering major tax benefits; - Located in Downtown Development District with incentives
    (970) 415-0538
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1201-1215 8Th Ave Greeley, CO 80631
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