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Former Auto Restoration Facility
For Sale
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2733 8th Ave, Greeley, CO

Corner location suitable for retail, service, automotive, office.

Property Size12,970 SF
Lot Size0.67 Acres
Price / SF$110
Days on Market316

Property Features for 2733 8th Ave

General Information

Standard status Active
Size 12,970 SF
Lot size 0.67 Acres
Property subtype RETAIL
Listing Agency: Impact Commercial Real Estate
Listed By: Heather Taylor · License #100027610
Source: Moodyscre
Added: Nov 24, 2025 Changed: Aug 8 Last Checked: Aug 28 at 12:06PM

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 Impact Commercial Real Estate

Investment Insights

Based on property information with market context.

This 12,970 square foot property, formerly used as an auto restoration facility, includes car lifts and a paint booth in the sale price. The property is located on a corner, providing exposure to 8th Avenue and Highway 34 traffic. A minor remodel was completed in 2022. There is a small fenced storage area in the back. The property is suitable for retail sales, service shops, automotive sales and repair, printing, office use, and more. The seller is motivated and seeking a quick closing; the property is to be sold in "as-is, where-is" condition.

Key Highlights

  • Former auto restoration facility with car lifts and paint booth included.
  • Good corner location with high traffic exposure on 8th Avenue and Hwy 34.
  • Versatile property ideal for retail, service shops, automotive, printing, office, and more.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$115,643
Cap Rate
8.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,312,860 $2.3M
Cap Rate 7%
$1,652,043 $1.7M
Cap Rate 9%
$1,284,922 $1.3M
Market Conditions
NOI Build-Up for 12,970 SF
Gross rent
$179.0K $13.80/SF
− Vacancy
−$13.8K −$1.06/SF
EGI
$165.2K $12.74/SF
− OpEx
−$49.6K −$3.82/SF
NOI
$115.6K $8.92/SF
Area
Greeley, CO
Vacancy
7.70%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,312,860
Cap Rate 7%
$1,652,043
Cap Rate 9%
$1,284,922

Alternative Uses

Best Use
Retail
$2.09M
$1.83M – $2.44M (±1% cap)
NOI $146,590 @ 7.0% cap · market cap 10.27%
Second Best
Industrial
$1.65M
$1.45M – $1.93M (±1% cap)
NOI $115,643 @ 7.0% cap · market cap 8.11%
Theoretical Best
Office B
$2.36M
$2.07M – $2.76M (±1% cap)
NOI $165,465 @ 7.0% cap · market cap 11.60%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

American Steel Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Building Supply

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

Location Intelligence

Trade Area within ½ mile

585
Businesses Nearby
278k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 40% Shops & Services 30% Groceries 24% Home Improvements & Furnishings 2%
King Soopers Groceries
51,454 visits/mo 0.1 miles
McDonald's Dining
30,223 visits/mo 0.5 miles
dd's DISCOUNTS Shops & Services
21,837 visits/mo 0.2 miles
Dollar Tree Shops & Services
16,591 visits/mo 0.2 miles
Taco Bell Dining
15,709 visits/mo 0.5 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • W S Repair — 3311 State St, Evans, CO 80620
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  • Rodriguez Meckanix — 3114 State St, Evans, CO 80620
  • Zachs mobile mechanic — 503 Monico Gardens Dr, Evans, CO 80620
  • Luceros Window Tinting LLC — mobile window tint, greeley, co 80631

Frequently Asked Questions

What type of property is this?
Auto shop - Corner location suitable for retail, service, automotive, office.
Where is this auto shop located?
The property is located at 2733 8th Ave Greeley, CO.
What is the asking price?
The asking price for this property is $1,426,700.
What are key features of this property?
This property features: Former auto restoration facility with car lifts and paint booth included.; Good corner location with high traffic exposure on 8th Avenue and Hwy 34.; Versatile property ideal for retail, service shops, automotive, printing, office, and more.
(720) 217-1315 Call to check price and availability
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