4-Bay Auto Shop with Secured
New
For Sale
$2,700,000
1925 1st Ave, Greeley, CO 80631
Work areas are complemented by dedicated offices, parts storage, and employee parking.
Property Size10,670 SF
Days on Market2
Property Features for 1925 1st Ave
General Information
Standard status
Active
Size
10,670 SF
Property subtype
Industrial
Zoning
IM
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Automotive
Service Bays
4
Automotive Uses
auto repair
Additional Details
Real Estate Included
Yes
Amenities
5 offices
2 bathrooms
waiting room
server room
high ceilings
drive-through bays
secured yard
employee parking
underground fuel tank
Building Details
Building Size
10,670 SF
Year Built
1981
Buildings
1
Listing Agency:
Sears Real Estate
Listed By:
Ryan Andre · License #FA0040014705
(970) 381-1081
Source:
Elliman
Added: Oct 23
Last Checked: Oct 23 at 5:17PM
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 Sears Real Estate
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Investment Insights
Based on property information with market context.
The 1981 auto shop has four service bays, including two drive-through bays, and six motorized overhead doors: two measuring approximately 14 by 12 feet and four measuring 14 by 14 feet. Most shop ceilings exceed 15 feet. The layout also includes five offices, two bathrooms, a waiting room, a server room, parts and storage space, and a staff breakroom with a shower. Recent work includes a 2025 roof replacement and new air conditioning and furnace systems in 2026. The shop drains have been cleaned, and the approximately 1,200-gallon oil-sand separator has been pumped.
The property covers more than 3 acres, including just under 2 acres of secured yard space and dedicated blacktop employee parking. It is within city limits, zoned IM, and served by city water and sewer. An underground 10,000-gallon fuel tank and an unused weigh-station scale are also on site.
The property covers more than 3 acres, including just under 2 acres of secured yard space and dedicated blacktop employee parking. It is within city limits, zoned IM, and served by city water and sewer. An underground 10,000-gallon fuel tank and an unused weigh-station scale are also on site.
Key Highlights
- Four service bays, including two drive‑through bays
- Six motorized overhead doors: two approximately 14 x 12 feet and four 14 x 14 feet
- Property spans over 3 acres, with just under 2 acres of secured yard space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$120,594
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,411,880
$2.4M
Cap Rate 7%
$1,722,771
$1.7M
Cap Rate 9%
$1,339,933
$1.3M
Market Conditions
NOI Build-Up for 10,670 SF
Gross rent
$192.1K $18.00/SF
− Vacancy
−$19.8K −$1.85/SF
EGI
$172.3K $16.15/SF
− OpEx
−$51.7K −$4.84/SF
NOI
$120.6K $11.30/SF
Area
Greeley, CO
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,411,880
Cap Rate 7%
$1,722,771
Cap Rate 9%
$1,339,933
Alternative Uses
Best Use
Retail
$1.72M
$1.51M – $2.01M
NOI $120,594 @ 7.0% cap · market cap 4.47%
Second Best
Industrial
$1.36M
$1.19M – $1.59M
NOI $95,136 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office B
$1.94M
$1.70M – $2.27M
NOI $136,123 @ 7.0% cap · market cap 5.04%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Service bays
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
496
Businesses Nearby
45k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Circle K
Shops & Services
15,776 visits/mo
0.3 miles
Family Dollar
Shops & Services
9,893 visits/mo
0.3 miles
Sinclair
Shops & Services
7,547 visits/mo
0.3 miles
7-Eleven
Shops & Services
7,288 visits/mo
0.3 miles
Discount Tire Store
Shops & Services
1,977 visits/mo
0.3 miles
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
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Greeley Electric Repair, Inc. — 2509 1/2 8th Ave, Greeley, CO 80631
- Grease Monkey — 2520 8th Ave, Garden City, CO 80631
- Harmony Automotive — 2527 8th Ave, Greeley, CO 80631
- Prindles Automotive — 628 26th st, greeley, co 80631
- American Auto Body — 2514 8th Ave, Garden City, CO 80631
Frequently Asked Questions
What type of property is this?
Auto shop - Work areas are complemented by dedicated offices, parts storage, and employee parking.
Where is this auto shop located?
The property is located at 1925 1st Ave Greeley, CO.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Four service bays, including two drive‑through bays; Six motorized overhead doors: two approximately 14 x 12 feet and four 14 x 14 feet; Property spans over 3 acres, with just under 2 acres of secured yard space
