Freestanding Warehouse with Paint
For Sale
Contact for pricing
1712 1st Avenue, Greeley, CO 80631
Freestanding warehouse with finished office build-out in C-3 zoning, including an existing paint booth and 100% vacancy.
Property Size15,612 SF
Lot Size1.69 Acres
Price / SF$208.17
Days on Market104
Property Features for 1712 1st Avenue
General Information
Standard status
Active
Size
15,612 SF
Class
B
Lot size
1.69 Acres
Property subtype
Industrial
Zoning
C-3 Weld County
Lease Type
NNN
Warehouse & Industrial
Clear Height
16 ft
Three-Phase Power
Yes
Additional Details
Asking Price
$3,250,000
Building Details
Buildings
2
Tenancy
Single
Building Size
15,612 SF
Listing Agency:
Waypoint Real Estate
Listed By:
Brian Smerud · License #FA 100042149
(970) 415-0538
Source:
Crexi
Added: Jul 24
Changed: Oct 30
Last Checked: Nov 3 at 7:08AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Freestanding industrial warehouse at 1712 1st Avenue, Greeley, CO 80631, offering 15,612 SF on 1.686 acres. The building includes a finished office build-out and 16' clear height production space supported by four 14' overhead doors. On the utilities and utilities-to-operations side, the property has 3-phase electrical and a floor drain.
Industrial features include an existing paint booth and an oil burner, supporting a range of auto, fabrication, and general industrial uses. The property is 100% vacant and includes owned on-parcel parking for day-to-day operations.
Zoned C-3, the facility is positioned for tenants looking for a standalone warehouse with both production improvements and office space in one building.
Industrial features include an existing paint booth and an oil burner, supporting a range of auto, fabrication, and general industrial uses. The property is 100% vacant and includes owned on-parcel parking for day-to-day operations.
Zoned C-3, the facility is positioned for tenants looking for a standalone warehouse with both production improvements and office space in one building.
Key Highlights
- 15,612 SF freestanding industrial warehouse on 1.686 acres
- Zoned C‑3
- Finished office build‑out plus 16' clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$174,149
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,482,980
$3.5M
Cap Rate 7%
$2,487,843
$2.5M
Cap Rate 9%
$1,934,989
$1.9M
Market Conditions
NOI Build-Up for 15,612 SF
Gross rent
$222.9K $14.28/SF
− Vacancy
−$18.1K −$1.16/SF
EGI
$204.9K $13.12/SF
− OpEx
−$30.7K −$1.97/SF
NOI
$174.1K $11.15/SF
Area
Greeley, CO
Vacancy
8.10%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,482,980
Cap Rate 7%
$2,487,843
Cap Rate 9%
$1,934,989
Alternative Uses
Best Use
Warehouse
$2.49M
$2.18M – $2.90M
NOI $174,149 @ 7.0% cap · market cap 5.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office B
$2.85M
$2.49M – $3.32M
NOI $199,170 @ 7.0% cap · market cap 6.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
16 ft
Clear height
Location Intelligence
Trade Area within ½ mile
383
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- 1st Avenue Storage — 2824 1st Ave, Greeley, CO 80631
- Mason Self Storage Units — 700 27th Street Rd, Garden City, CO 80631
- Storage On 4th - Self Storage — 2300 4th Ave, Greeley, CO 80631
- Guardian Storage Greeley 22nd — 134 E 22nd St, Greeley, CO 80631
- Storage On 1st - Self Storage — 2025 1st Ave, Greeley, CO 80631
Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding warehouse with finished office build-out in C-3 zoning, including an existing paint booth and 100% vacancy.
Where is this warehouse located?
The property is located at 1712 1st Avenue Greeley, CO.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: 15,612 SF freestanding industrial warehouse on 1.686 acres; Zoned C‑3; Finished office build‑out plus 16' clear height
