Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Versatile Industrial/Manufacturing Building in Greeley Title is generated by Realmo AI

    2332 4th Ave, Greeley, CO 80631

    View on Map
    Claim this Listing
    For Sale
    $2,190,000

    Commercial Sale, Other - Greeley, CO

    Lot size:
    1.55 Acres
    Added:
    Oct 28, 2025
    Days on Market:
    206
    Last Refresh:
    May 21 at 1:06 pm

    Property Features for 2332 4th Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.55 Acres

    Building Details

    Year built
    1956
    Architectural style
    Other

    We can help!

    Listing Contact
    Scott Nitzel

    Listing agent Scott Nitzel License #ER.100068897,PersonLicenseNumber

    Listing office NextHome Foundations 5754 W 11th St, Suite 201, CO

    Listing date Oct 28, 2025

    MLS# 1046459 Listing URL

    Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 26,796 sq ft building ideal for owner‑user with flexibility to lease a portion.
    • Easy access to Highway 85 and Highway 34.
    • Borders Union Pacific Railroad, offering potential for expanded parking/storage via land lease.
    • 400 amp 3‑phase power (240v with step‑up to 480v).
    • Multiple drive‑in doors (3 - 10'x10' and 1 - 12'hx10'w) and a covered/heated dock well.
    • U‑shaped driveway and pull‑through building facilitate easy truck access.

    Overview

    This 26,796 square foot building is suited for light industrial or manufacturing purposes, designed for versatility and efficiency. Currently owner-occupied, the property is suitable for an owner-user, with the flexibility to lease out a portion of the building. Multiple electric meters are installed, and the office space is configured for two occupants. The property is situated on 1.5 acres of level land and borders the Union Pacific Railroad, presenting an opportunity to expand parking and storage by leasing additional land from the railroad. It provides easy access to Highway 85 and Highway 34. The building includes expansive warehouse space, ample storage, multiple offices, conference rooms, a drafting room, a kitchenette, and two bathrooms. A detached garage, a pull-through building, and a U-shaped driveway around the property facilitate the movement of large trucks and vehicles. The property has 400 amp 3-phase 240volt power with a step-up breaker to 480V. It features a 14-foot clear height to joists and 12-foot clearance to the drop ceiling. There are three 10'x10' drive-in doors and one 12' high x 10' wide drive-in door, along with one covered and heated dock well with a 10'x10' door.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Frontier Communications Telecommunications Service Russell Furniture Llc Furniture & Home Goods

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greeley
    County
    Weld
    State
    Colorado
    Longitude
    -104.6837311
    Latitude
    40.3993568

    Nearby Similar for Sale

    • $474,500
      3,040 SF

      All-Brick Duplex Investment Opportunity

      Solid duplex with income potential in Greeley, Colorado.
      1706 17th Ave, Greeley, CO 80631
      View Details
    • $650,000
      3,600 SF

      Turn-Key Triplex Near UNC

      Well-maintained triplex near UNC, ideal for house-hack or investment.
      1715 11th Ave, Greeley, CO 80631
      View Details
    • $200,000

      West Greeley Corner Office Space

      Main-level corner office with functional layout and professional feel.
      6200 W 9th St, Greeley, CO 80634
      View Details
    • $1,199,900
      9,072 SF

      Updated Fourplex in Prime Location

      Updated fourplex with strong rental income and value-add potential.
      2132 27th Ave Ct, Greeley, CO 80634
      View Details
    • $1,600,000
      7,150 SF

      Mixed-Use Opportunity in Downtown Greeley

      Mixed-use property in Greeley's DDA and Historic District.
      819 9th St, Greeley, CO 80631
      View Details
    • $377,900
      1,418 SF

      Remodeled Duplex with Income Potential

      Turn-key duplex with modern finishes and rental upside.
      2015 5th Ave, Greeley, CO 80631
      View Details
    • $2,190,000

      Versatile Industrial/Manufacturing Building in Greeley

      26,796 SF light industrial/manufacturing building on 1.5 acres.
      2332 4th Ave, Greeley, CO 80631
      View Details
    • $690,000
      7,948 SF

      Mixed-Use Investment Opportunity in Greeley

      Three properties with mixed-use, commercial, industrial, storage, and residential spaces.
      517 8th St, Greeley, CO 80631
      View Details
    • $385,000
      4,431 SF

      Downtown Greeley Mixed-Use Opportunity

      Versatile mixed-use property with flex warehouse and office space.
      700 11th St, Greeley, CO 80631
      View Details
    • $1,242,857
      6,000 SF

      Greeley Industrial Building with Yard

      6,000 SF industrial building with warehouse and office space.
      3026 1st, Greeley, CO 80631
      View Details
    • $970,000

      Commercial Office Condo For Sale

      Professionally maintained office condo in desirable West Greeley business corridor.
      4689 W 20th St E, Greeley, CO 80634
      View Details
    • $6,993,103
      80,000 SF

      Leased Industrial Facility in Greeley

      80,000 SF industrial facility 100% leased on 3.67 acres.
      450 25th St, Greeley, CO 80631
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - 26,796 SF light industrial/manufacturing building on 1.5 acres.
    Where is this manufacturing property located?
    The property is located at 2332 4th Ave Greeley, CO.
    What is the asking price?
    The asking price for this property is $2,190,000.
    What are key features of this property?
    This property features: 26,796 sq ft building ideal for owner‑user with flexibility to lease a portion.; Easy access to Highway 85 and Highway 34.; Borders Union Pacific Railroad, offering potential for expanded parking/storage via land lease.
    (970) 590-5450
    We can help!
    Listing Contact
    Scott Nitzel
    Real Estate License ID: ER.100068897,PersonLicenseNumber
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2332 4th Ave, Greeley, CO 80631
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!