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Highway-Frontage Flex Space
For Sale
$1,415,000

2015 2nd #A-D, Greeley, CO 80631

Versatile commercial building with showroom, offices, storage, and grade-level loading access.

Property Size11,100 SF
Price / SF$127.48
Days on Market49

Property Features for 2015 2nd #A-D

General Information

Standard status Active
Size 11,100 SF
Property subtype Commercial
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
private offices
changing rooms
showroom
restrooms
storage space
breakroom
grade-level overhead door
on-site parking
Central air
Metal Roof
Central Air Cooling
Covenants
Forced Air Heating
Loading: Drive-in
Paved Parking

Building Details

Year Built 1974
Listing Agency: Group Harmony
Listed By: RACHEL BOMGAARS · License #FA100053381
Source: Corcoran
Added: Sep 4 Changed: Oct 16 Last Checked: Oct 20 at 8:35PM

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

Rey
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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 flex property combines customer-facing improvements with practical operational space. The building 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, staff, and daily business needs. The property was built in 1974 and is zoned Industrial Medium (I-M) by the City of Greeley.

Located at 2015 2nd Avenue in Greeley, the property fronts Highway 85 and records approximately 23,328 vehicles per day. Highway 34 provides east-west access through Greeley, while I-76 and regional routes connect the site with Denver, the Front Range, and Cheyenne. The combination of retail-oriented interior features, loading capability, and highway exposure supports a range of flex-space operations.

Key Highlights

  • Approximately 11,100 square feet of flex space
  • 10' x 10' grade‑level overhead door
  • Industrial Medium (I‑M) zoning by the City of Greeley

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 (±1% cap)
NOI $125,454 @ 7.0% cap · market cap 8.87%
Second Best
Industrial
$1.41M
$1.24M – $1.65M (±1% cap)
NOI $98,970 @ 7.0% cap · market cap 6.99%
Theoretical Best
Office B
$2.02M
$1.77M – $2.36M (±1% cap)
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

Flex space

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Garden Center (Bike/Boat/Book/etc) Store Home Appliance Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

369
Businesses Nearby
Under-served
Demand for This Use

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

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Versatile commercial building with showroom, offices, storage, and grade-level loading access.
Where is this flex space located?
The property is located at 2015 2nd #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 of flex space; 10' x 10' grade‑level overhead door; Industrial Medium (I‑M) zoning by the City of Greeley
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