Industrial Truck Repair
For Sale
$650,000
509 N 9th Ave, Greeley, CO 80631
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 Market94
Property Features for 509 N 9th Ave
General Information
Standard status
Active
Size
2,717 SF
Lot size
1.30 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Drive-In Doors
3
Heavy Power
Yes
Building Details
Year Built
1964
Listing Agency:
Coldwell Banker Realty- Fort Collins
Listed By:
Kevin Weimer · License #IREP16459
(970) 223-6500
Source:
Downtownre
Added: Jul 19
Changed: Oct 13
Last Checked: Oct 19 at 4:02AM
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 Realty- Fort Collins
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,708
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,160
$614.2K
Cap Rate 7%
$438,686
$438.7K
Cap Rate 9%
$341,200
$341.2K
Market Conditions
NOI Build-Up for 2,717 SF
Gross rent
$48.9K $18.00/SF
− Vacancy
−$5.0K −$1.85/SF
EGI
$43.9K $16.15/SF
− OpEx
−$13.2K −$4.84/SF
NOI
$30.7K $11.30/SF
Area
Greeley, CO
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,160
Cap Rate 7%
$438,686
Cap Rate 9%
$341,200
Alternative Uses
Best Use
Retail
$438.7K
$383.9K – $511.8K
NOI $30,708 @ 7.0% cap · market cap 4.72%
Second Best
Industrial
$346.1K
$302.8K – $403.8K
NOI $24,225 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office B
$495.2K
$433.3K – $577.7K
NOI $34,662 @ 7.0% cap · market cap 5.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
270
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80631, CO
52,336
Population
18,871
Households
2.8
Avg Household Size
29
Median Age
18%
College-Educated
73%
High-School Grad
103.6 sq mi
ZIP Area
505
Density / Sq Mi
$52,470
Median Household Income
$33,062
Median Earnings
$1,209
Median Rent
$300,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Peak Kitchen — 614 8th Ave, Greeley, CO 80631
Frequently Asked Questions
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
