Industrial Condo with Yard
201 6th Ave Greeley, CO 80631
201 6th Ave, Greeley, CO, 80631
Contact for pricing
For Sale
Contact for pricing
Industrial condo offering yard space for outdoor storage and leases with terms extending to 2028 or later.
Property Size13,348 SF
Lot Size9.00 Acres
Price / SF$159
Days on Market163
Property Features for 201 6th Ave
General Information
- Standard status
- Active
- Size
- 13,348 SF
- Lot size
- 9.00 Acres
- Property subtype
- Industrial
Listing agency
Cushman & Wakefield - Fort Collins, Colorado
(970) 776-3900
Listed by
Travis Ackerman · License #CO 100014006
Source
Crexi
Added: Feb 9 Updated: Jul 20 at 4:40PM Checked: Jul 21 at 4:37AM
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 Cushman & Wakefield - Fort Collins, Colorado
Investment Insights
Based on property information with market context.
This industrial condo investment opportunity features substantial outdoor yard space suitable for outdoor storage needs. The property is approximately 9 acres and totals about 13,348 square feet.
Situated near downtown Greeley, the asset provides easy access to Highway 85 for tenant convenience. Several leases do not expire until 2028 or later, supporting a steadier income stream over the next few years.
Situated near downtown Greeley, the asset provides easy access to Highway 85 for tenant convenience. Several leases do not expire until 2028 or later, supporting a steadier income stream over the next few years.
Key Highlights
- Industrial condo investment near downtown Greeley
- Approximately 9 acres with ample yard space for outdoor storage
- Easy access to Highway 85 for tenants
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $190.6k | $14.28 |
| − Vacancy | −$15.4k | −$1.16 |
| EGI | $175.2k | $13.12 |
| − OpEx | −$26.3k | −$1.97 |
| NOI | $148.9k | $11.15 |
13,348 SF · lease $14.28/SF/yr · vacancy 8.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.13M
$1.86M – $2.48M
NOI $148,895 @ 7.0% cap · market cap 7.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office B
$2.43M
$2.13M – $2.84M
NOI $170,287 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
Similar Off Market Nearby
- Stuff-it Storage — 620 4th Ave, Greeley, CO 80631
- Self Storage — 825 9th St, Greeley, CO 80631
- SAZ LLC — 281 1st Ave, Greeley, CO 80631
- Safe & Secure Storage — 1015 3rd St, Greeley, CO 80631
- Willie's Grain Inc — 816 8th St, Greeley, CO 80631, United States
FAQs
What type of property is this?
Warehouse - Industrial condo offering yard space for outdoor storage and leases with terms extending to 2028 or later.
Where is this warehouse located?
The property is located at 201 6th Ave Greeley, CO.
What is the asking price?
The asking price for this property is $2,122,332.
What are key features of this property?
This property features: Industrial condo investment near downtown Greeley; Approximately 9 acres with ample yard space for outdoor storage; Easy access to Highway 85 for tenants
