Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3215 47th Evans, CO 80620

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $580,000

    1.2 acre commercial lot in a growing corridor.

    Lot size:
    1.20 Acres
    Added:
    Jul 19, 2025
    Days on Market:
    285
    Last Refresh:
    Mar 7 at 10:55 pm

    Property Features for 3215 47th

    General Information

    Standard status
    Active
    Lot size
    1.20 Acres

    We can help!

    Listing Contact
    PAULA HARDER

    Listing agent PAULA HARDER

    Listing office Coldwell Banker Plains-Windsor

    Listing date Jul 19, 2025

    Source Corcoran

    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 Coldwell Banker Plains-Windsor

    Overview

    Commercial Lot on 47th Avenue

    This 1.2-acre commercial lot features frontage on 47th Avenue. It is zoned C-3 and situated just south of Highway 34, in one of the fastest-growing corridors of Greeley/Evans. The property includes electric, gas, and water tap.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Evans
    County
    Weld
    State
    Colorado
    Longitude
    -104.757
    Latitude
    40.3849

    Nearby Similar for Sale

    • $2,900,000
      15,600 SF

      Evans Office Building with Garage

      Two-story office building with garage, fully leased until 2027.
      3939 Carson, Evans, CO 80620
      View Details
    • $780,000
      4,448 SF

      Evans Multifamily Investment Opportunity

      Six-unit multifamily property in Evans, Colorado with value-add potential.
      Evans, CO 80620
      View Details
    • $2,900,000
      15,600 SF

      Evans Office Building with Garage

      Two-story office building with fenced yard and utility garage.
      3939 Carson, Evans, CO 80620
      View Details
    • $1,500,000

      New Industrial Buildings in Evans

      Three new industrial buildings for sale or lease in Evans.
      4431 Brantner, Evans, CO 80620
      View Details
    • $695,000
      7,858 SF

      Evans Retail Property For Sale

      Retail property for sale located in Evans, Colorado.
      918 37th St, Evans, CO 80620,
      View Details
    • $850,000

      Versatile 2.2-Acre Redevelopment Opportunity

      2.2-acre property with redevelopment potential including multiple existing structures.
      3202 Carson, Evans, CO 80620
      View Details
    • $850,000

      2.2-Acre Redevelopment Opportunity

      Rare 2.2-acre property with redevelopment and expansion potential.
      3202 Carson Ave, Evans, CO 80620
      View Details
    • $2,100,000
      13,088 SF

      Evans Multifamily Investment Opportunity

      Well-maintained 18-unit property near the University of Northern Colorado.
      2916-2924 Glendale Drive | Evans, CO 80620
      View Details
    • $1,020,000
      4,836 SF

      Evans Multifamily Investment Opportunity

      Six-unit multifamily property in Evans, Colorado with value-add potential.
      3032 Denver Street, Evans, CO 80620
      View Details
    • $315,396

      Commercial Lots off Highway 85

      Commercial lots available for sale off Highway 85.
      3020 Denver St, Evans, CO
      View Details
    • $571,071

      Commercial Lots off Highway 85

      Commercial lots available for sale with utilities in street.
      3001 8th Ave, Evans, CO
      View Details
    • $863,000

      Evans Commercial Land Parcel

      Almost 10-acre commercial land parcel in Evans, Colorado.
      TBD 49th Street and 47th Avenue, Evans, CO 80620,
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.2 acre commercial lot in a growing corridor.
    Where is this commercial land located?
    The property is located at 3215 47th Evans, CO.
    What is the asking price?
    The asking price for this property is $580,000.
    What are key features of this property?
    This property features: Located in a fast‑growing corridor of Greeley/Evans.; Zoned C‑3 for commercial use.; Includes electric, gas, and water tap.
    (970) 686-7620
    We can help!
    Listing Contact
    PAULA HARDER
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!