Greeley Industrial Building with
3026 1st Ave Greeley, CO 80631
For Sale
$1,242,857
6,000 SF industrial building with warehouse and office space.
Property Size6,000 SF
Lot Size0.58 Acres
Price / SF$207.14
Days on Market97
Property Features for 3026 1st Ave
General Information
Standard status
Active
Size
6,000 SF
Lot size
0.58 Acres
Property subtype
Commercial
Building Details
Year Built
1999
Listing Agency:
WayPoint Real Estate
(970) 415-0538
Listed By:
Brian Smerud · License #FA100042149
(970) 415-0538
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 29 at 12:23PM
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 WayPoint Real Estate
Investment Insights
Based on property information with market context.
This 6,000 SF industrial building is located on 0.58 acres within Greeley's established industrial corridor, situated 0.7 miles from the US-85/US-34 interchange. The property features 4,200 SF of warehouse space and 1,800 SF of office space, along with two 12x12 overhead doors. A large fenced outside yard is included. Zoned Industrial Medium (I-M), the building is suitable for a range of industrial, service, or contractor uses requiring functional warehouse space with secured outdoor storage. The property is currently 100% leased, providing immediate cash flow. The location is considered very bikeable with a bike score of 71 and somewhat walkable with a walk score of 62.
Key Highlights
- 100% leased, providing immediate and stable cash flow.
- Functional warehouse space with secured, fenced outdoor storage.
- Located in Greeley's established industrial corridor, 0.7 miles from the US‑85/US‑34 interchange.
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $85.7k | $14.28 |
| − Vacancy | −$6.9k | −$1.16 |
| EGI | $78.7k | $13.12 |
| − OpEx | −$11.8k | −$1.97 |
| NOI | $66.9k | $11.15 |
6,000 SF · lease $14.28/SF/yr · vacancy 8.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$956.1K
$836.6K – $1.12M
NOI $66,929 @ 7.0% cap · market cap 5.39%
Second Best
Industrial
$764.2K
$668.7K – $891.6K
NOI $53,497 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office B
$1.09M
$956.8K – $1.28M
NOI $76,545 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - 6,000 SF industrial building with warehouse and office space.
Where is this flex space located?
The property is located at 3026 1st Ave Greeley, CO.
What is the asking price?
The asking price for this property is $1,242,857.
What are key features of this property?
This property features: 100% leased, providing immediate and stable cash flow.; Functional warehouse space with **secured, fenced outdoor storage**.; Located in Greeley's established industrial corridor, 0.7 miles from the US‑85/US‑34 interchange.
