Highway-Frontage Flex
For Sale
$1,415,000
2015-2017 2nd Ave A-d, Greeley, CO 80631
Industrial Medium zoning supports varied commercial and industrial uses.
Property Size11,100 SF
Price / SF$127.48
Days on Market47
Property Features for 2015-2017 2nd Ave A-d
General Information
Standard status
Active
Size
11,100 SF
Zoning
I-M
Site & Location
Traffic Count
23,328 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Drive-In Doors
1
Amenities
built-in point-of-sale desk
two private offices
changing rooms
showroom
two restrooms
storage space
breakroom
10' x 10' grade-level overhead door
Building Details
Year Built
1974
Listing Agency:
Group Harmony
Listed By:
Rachel Bomgaars · License #FA100053381
(970) 290-4198
Source:
Thestrohmangroup
Added: Sep 6
Changed: Oct 14
Last Checked: Oct 7 at 1:01PM
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 Group Harmony
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1974, this approximately 11,100-square-foot flex property combines customer-facing improvements with operational support areas. The former retail layout includes a showroom, built-in point-of-sale desk, two private offices, changing rooms, two restrooms, rear storage, and a breakroom. A 10' x 10' grade-level overhead door supports deliveries, equipment movement, and inventory handling, while on-site parking serves customers, employees, and commercial operations.
The property at 2015-2017 2nd Avenue in Greeley has frontage along Highway 85, which carries approximately 23,328 vehicles per day. Highway 34 provides east-west access across Greeley and nearby communities, with connections to I-76 and regional routes serving Northern Colorado, Denver, the Denver metro area, and Cheyenne. Zoned Industrial Medium (I-M) by the City of Greeley, the property accommodates a range of commercial and industrial applications.
The property at 2015-2017 2nd Avenue in Greeley has frontage along Highway 85, which carries approximately 23,328 vehicles per day. Highway 34 provides east-west access across Greeley and nearby communities, with connections to I-76 and regional routes serving Northern Colorado, Denver, the Denver metro area, and Cheyenne. Zoned Industrial Medium (I-M) by the City of Greeley, the property accommodates a range of commercial and industrial applications.
Key Highlights
- Approximately 11,100 square feet on a 0.26‑acre site
- Industrial Medium (I‑M) zoning by the City of Greeley
- Highway 85 frontage with approximately 23,328 vehicles per day
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$125,454
Cap Rate
8.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,509,080
$2.5M
Cap Rate 7%
$1,792,200
$1.8M
Cap Rate 9%
$1,393,933
$1.4M
Market Conditions
NOI Build-Up for 11,100 SF
Gross rent
$199.8K $18.00/SF
− Vacancy
−$20.6K −$1.85/SF
EGI
$179.2K $16.15/SF
− OpEx
−$53.8K −$4.84/SF
NOI
$125.5K $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%
$2,509,080
Cap Rate 7%
$1,792,200
Cap Rate 9%
$1,393,933
Alternative Uses
Best Use
Retail
$1.79M
$1.57M – $2.09M
NOI $125,454 @ 7.0% cap · market cap 8.87%
Second Best
Industrial
$1.41M
$1.24M – $1.65M
NOI $98,970 @ 7.0% cap · market cap 6.99%
Theoretical Best
Office B
$2.02M
$1.77M – $2.36M
NOI $141,608 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Drive-in doors
23,328 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
615
Businesses Nearby
Under-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
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- University of Northern Colorado Catering — 2045 10th Ave, Greeley, CO 80639
Frequently Asked Questions
What type of property is this?
Flex space - Industrial Medium zoning supports varied commercial and industrial uses.
Where is this flex space located?
The property is located at 2015-2017 2nd Ave A-d Greeley, CO.
What is the asking price?
The asking price for this property is $1,415,000.
What are key features of this property?
This property features: Approximately 11,100 square feet on a 0.26‑acre site; Industrial Medium (I‑M) zoning by the City of Greeley; Highway 85 frontage with approximately 23,328 vehicles per day
