Mixed-Use Commercial
For Sale
Contact for pricing
2015 2nd Avenue, Greeley, CO 80631
I-M-zoned property combines customer-facing retail improvements with storage, office, and delivery access for varied commercial operations.
Property Size11,100 SF
Price / SF$127.48
Days on Market50
Property Features for 2015 2nd Avenue
General Information
Standard status
Active
Size
11,100 SF
Property subtype
Retail, Industrial
Zoning
I-M
Site & Location
Traffic Count
23,328 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Drive-In Doors
1
Amenities
point-of-sale desk
two private offices
changing rooms
showroom
two restrooms
storage space
breakroom
10' x 10' grade-level overhead door
ample on-site parking
Building Details
Buildings
1
Listing Agency:
Group Harmony
Listed By:
Rachel Bomgaars · License #FA100053381
(970) 290-4198
Source:
Crexi
Added: Sep 8
Changed: Oct 25
Last Checked: Oct 26 at 1:25PM
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
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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.
This approximately 11,100-square-foot mixed-use commercial property combines retail-oriented improvements with functional support space. The interior 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 business operations.
The property fronts Highway 85 along 2nd Avenue in Greeley, Colorado, with approximately 23,328 vehicles passing daily. Industrial Medium (I-M) zoning is provided by the City of Greeley. Highway 34 offers east-west connectivity through Greeley, while I-76 and regional routes connect the area with Denver, the Denver metro area, and Cheyenne, Wyoming.
The property fronts Highway 85 along 2nd Avenue in Greeley, Colorado, with approximately 23,328 vehicles passing daily. Industrial Medium (I-M) zoning is provided by the City of Greeley. Highway 34 offers east-west connectivity through Greeley, while I-76 and regional routes connect the area with Denver, the Denver metro area, and Cheyenne, Wyoming.
Key Highlights
- Approximately 11,100 square feet of mixed‑use commercial space
- 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
Warehouse
$1.77M
$1.55M – $2.06M
NOI $123,819 @ 7.0% cap · market cap 8.75%
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
411
Businesses Nearby
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
Frequently Asked Questions
What type of property is this?
Mixed-use property - I-M-zoned property combines customer-facing retail improvements with storage, office, and delivery access for varied commercial operations.
Where is this mixed-use property located?
The property is located at 2015 2nd Avenue 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 of mixed‑use commercial space; Industrial Medium (I‑M) zoning by the City of Greeley; Highway 85 frontage with approximately 23,328 vehicles per day
