Property profile

2904 W 16Th St Greeley, CO 80634

FOR SALE
Land
Property ID
US13-2747695
1 ac lot
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Property summary

AI-generated overview

This exceptional 1-acre lot in central Greeley, CO (2904 W. 16th St, 80634), presents a remarkable opportunity for developers. Priced at $300,000 ($6.89/SF), this R-H (Residential High Density) zoned property offers significant potential for a small-scale residential infill project. Its prime location boasts proximity to schools, parks, retail amenities, and major healthcare facilities, including Banner North. The zoning allows for diverse residential development, including multi-family, single-family, duplex, and townhome options, catering to a range of housing needs within this established suburban neighborhood. An adjacent property at 1610 29th Avenue Place is also available for purchase separately. A secondary access easement over 1610 29th Avenue Place is available if the adjacent property is not purchased. The sale includes a 3/4" water tap and dedication. Minerals are excluded from the sale. This property offers a compelling investment opportunity in a thriving area with attractive demographics and traffic patterns. The combination of location, zoning, and included infrastructure makes this a highly desirable development site. This is a rare opportunity to acquire a well-situated parcel ready for immediate development.

Property profile

Verified
Property type Land
Lot 1 ac (43,560 SF)
UPID US13-2747695

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2904 W 16Th St Greeley, CO 80634
Greeley metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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