Industrial Condo with Yard
For Sale
Contact for pricing
201 6th Ave, Greeley, CO 80631
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 Market259
Property Features for 201 6th Ave
General Information
Standard status
Active
Size
13,348 SF
Lot size
9.00 Acres
Property subtype
Industrial
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Listing Agency:
Cushman & Wakefield - Fort Collins, Colorado
Listed By:
Travis Ackerman · License #CO 100014006
(970) 222-6452
Source:
Crexi
Added: Feb 9
Changed: Oct 25
Last Checked: Oct 24 at 2:00PM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$148,895
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,977,900
$3.0M
Cap Rate 7%
$2,127,071
$2.1M
Cap Rate 9%
$1,654,389
$1.7M
Market Conditions
NOI Build-Up for 13,348 SF
Gross rent
$190.6K $14.28/SF
− Vacancy
−$15.4K −$1.16/SF
EGI
$175.2K $13.12/SF
− OpEx
−$26.3K −$1.97/SF
NOI
$148.9K $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%
$2,977,900
Cap Rate 7%
$2,127,071
Cap Rate 9%
$1,654,389
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 authorities.
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
284
Businesses Nearby
Well-served
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
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Willie's Grain Inc — 816 8th St, Greeley, CO 80631, United States
- Self Storage — 825 9th St, Greeley, CO 80631
- Stuff-it Storage — 620 4th Ave, Greeley, CO 80631
- SAZ LLC — 281 1st Ave, Greeley, CO 80631
- Safe & Secure Storage — 1015 3rd St, Greeley, CO 80631
Frequently Asked Questions
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
