Industrial Truck Repair
509 N 9th Ave Greeley, CO 80631
New
509 N 9th Ave, Greeley, CO, 80631
$650,000
For Sale
$650,000
Industrial shop includes multiple overhead doors, 3-phase power, and fenced, gated yard on 1.3 acres.
Property Size2,717 SF
Lot Size1.30 Acres
Price / SF$239.23
Days on Market3
Property Features for 509 N 9th Ave
General Information
- Standard status
- Active
- Size
- 2,717 SF
- Lot size
- 1.30 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1964
Listing agency
RE/MAX Commercial Alliance
(970) 590-0955
Listed by
Mary Jo Brockshus · License #FA1000014385
(970) 590-0955
Source
Elliman
Added: Jul 19 Updated: Jul 20 at 1:54AM Checked: Jul 21 at 8:13AM
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 RE/MAX Commercial Alliance
Investment Insights
Based on property information with market context.
This commercial trucking repair and maintenance property features a 2,050 SF industrial shop with two 12' overhead doors and one 10' overhead door with 3-phase power. The fenced and gated site provides secured outdoor space for operations. An attached 672 SF modular office adds dedicated work space for the business.
The property is located one block off Hwy 85 in Greeley, CO, offering convenient access to the surrounding area.
The configuration supports repair and maintenance use with both overhead-door access and a built-in office component.
The property is located one block off Hwy 85 in Greeley, CO, offering convenient access to the surrounding area.
The configuration supports repair and maintenance use with both overhead-door access and a built-in office component.
Key Highlights
- Commercial trucking property on 1.3 acres featuring a 2,050 SF industrial shop for repair and maintenance
- Industrial shop has 2 (12') overhead doors plus 1 (10') overhead door with 3‑phase power
- Fenced and gated property with a yard suited for trucking operations
Local Financial Insights For Office B
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 | $48.9k | $18.00 |
| − Vacancy | −$2.7k | −$0.99 |
| EGI | $46.2k | $17.01 |
| − OpEx | −$11.6k | −$4.25 |
| NOI | $34.7k | $12.76 |
2,717 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$495.2K
$433.3K – $577.7K
NOI $34,662 @ 7.0% cap · market cap 5.33%
Second Best
Retail
$438.7K
$383.9K – $511.8K
NOI $30,708 @ 7.0% cap · market cap 4.72%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Richardson Consolidated Inc
Construction Company
Similar For Sale Nearby
Similar Off Market Nearby
- Peak Kitchen — 614 8th Ave, Greeley, CO 80631
FAQs
What type of property is this?
Flex space - Industrial shop includes multiple overhead doors, 3-phase power, and fenced, gated yard on 1.3 acres.
Where is this flex space located?
The property is located at 509 N 9th Ave Greeley, CO.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Commercial trucking property on 1.3 acres featuring a 2,050 SF industrial shop for repair and maintenance; Industrial shop has 2 (12') overhead doors plus 1 (10') overhead door with 3‑phase power; Fenced and gated property with a yard suited for trucking operations
