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Updated Office Building
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3257 West 20th Street, Greeley, CO 80634

Recently updated office space along West 20th Street supports professional and medical office users.

Property Size11,009 SF
Price / SF$163.50
Days on Market58

Property Features for 3257 West 20th Street

General Information

Standard status Active
Size 11,009 SF
Total Parking Spaces 35
Property subtype Office
Zoning C-H

Building Details

Year Built 1996
Buildings 1
Tenancy Multi
Listing Agency: Cushman & Wakefield - Fort Collins, Colorado
Listed By: Jared Goodman · License #CO 40017764
Source: Crexi
Added: Aug 18 Changed: Oct 6 Last Checked: Oct 12 at 5:41PM

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 Cushman & Wakefield - Fort Collins, Colorado

Investment Insights

Based on property information with market context.

This office property contains 11,009 square feet and was built in 1996. The recently updated interior is configured for professional and medical office use, providing functional space for occupants seeking an established commercial setting.

The building is located at 3257 West 20th Street in Greeley, Colorado, within the West 20th Street corridor. The property carries C-H zoning and is positioned near established retail amenities, with access from West 20th Street.

Key Highlights

  • 11,009 square feet of office space
  • Recently updated interior
  • Configured for professional and medical office use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$140,447
Cap Rate
7.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,808,940 $2.8M
Cap Rate 7%
$2,006,386 $2.0M
Cap Rate 9%
$1,560,522 $1.6M
Market Conditions
NOI Build-Up for 11,009 SF
Gross rent
$198.2K $18.00/SF
− Vacancy
−$10.9K −$0.99/SF
EGI
$187.3K $17.01/SF
− OpEx
−$46.8K −$4.25/SF
NOI
$140.4K $12.76/SF
Area
Greeley, CO
Vacancy
5.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,808,940
Cap Rate 7%
$2,006,386
Cap Rate 9%
$1,560,522

Alternative Uses

Best Use
Office B
$2.01M
$1.76M – $2.34M (±1% cap)
NOI $140,447 @ 7.0% cap · market cap 7.80%
Second Best
Healthcare Medical
$134.8K
$118.0K – $157.3K (±1% cap)
NOI $9,436 @ 7.0% cap · market cap 0.52%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Building Supply Kitchen & Bath Showroom Parking Lot & Garage Real Estate Agency Barber Shop

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

470
Businesses Nearby

Demographics for 80634, CO

65,980
Population
25,802
Households
2.6
Avg Household Size
36
Median Age
32%
College-Educated
90%
High-School Grad
38.3 sq mi
ZIP Area
1,723
Density / Sq Mi
$83,255
Median Household Income
$46,808
Median Earnings
$1,567
Median Rent
$405,300
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Recently updated office space along West 20th Street supports professional and medical office users.
Where is this office building located?
The property is located at 3257 West 20th Street Greeley, CO.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 11,009 square feet of office space; Recently updated interior; Configured for professional and medical office use
(970) 690-4227 Call to check price and availability
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