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Multi-Family Retail Development Opportunity
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1201-1215 8th Ave, Greeley, CO 80631

Downtown Greeley opportunity zone site with multifamily and retail use; drive-thru retail can be added.

Space Size13,031 SF
Days on Market1963

Property Features for 1201-1215 8th Ave

General Information

Standard status Active
Size 13,031 SF
Property subtype MULTIFAMILY
Lease Type NNN

Additional Details

Opportunity Zone Yes

Spaces For Lease

at 1201-1215 8th Ave Contact us

Multi-Family/Retail Development Opportunity $7 – $57/SF/Yr

Floor
Bldg
Size
13,031 SF
Type
MULTIFAMILY
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
• Multi-Family/Retail Development Opportunity Located in Opportunity Zone downtown...
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Listing Agency: WayPoint Real Estate
Listed By: Brian Smerud · License #FA100042149
Source: Moodyscre
Added: Apr 29, 2021 Changed: Sep 10 Last Checked: Sep 11 at 11:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WayPoint Real Estate

Investment Insights

Based on property information with market context.

Multi-family/retail development opportunity located at 1201-1215 8th Ave in Greeley, CO. The offering combines residential income and retail potential within a single development site measuring 13,031 square feet.

The property is located in an Opportunity Zone downtown Greeley and also within the Downtown Development District, Redevelopment District, and Enterprise Zone. The configuration provides the ability to add drive-thru retail as part of redevelopment planning.

Key Highlights

  • Located in an Opportunity Zone in downtown Greeley
  • Site qualifies for multiple incentives: Downtown Development District, Redevelopment District, and Enterprise Zone
  • Designed as a multi‑family/retail development opportunity

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Real Estate Agency Furniture & Home Goods Nail Salon Tech Support Center Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,582
Businesses Nearby

Demographics for 80631, CO

52,336
Population
18,871
Households
2.8
Avg Household Size
29
Median Age
18%
College-Educated
73%
High-School Grad
103.6 sq mi
ZIP Area
505
Density / Sq Mi
$52,470
Median Household Income
$33,062
Median Earnings
$1,209
Median Rent
$300,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Residential income property - Downtown Greeley opportunity zone site with multifamily and retail use; drive-thru retail can be added.
Where is this residential income property located?
The property is located at 1201-1215 8th Ave Greeley, CO.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: Located in an Opportunity Zone in downtown Greeley; Site qualifies for multiple incentives: Downtown Development District, Redevelopment District, and Enterprise Zone; Designed as a multi‑family/retail development opportunity
(970) 415-0538 Call to check price and availability
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