Truck Terminal with Repair
523 N 9th Ave Greeley, CO 80631
New
523 N 9th Ave, Greeley, CO, 80631
$900,000
For Sale
$900,000
Fenced and gated truck terminal includes an 7,680 SF repair and maintenance shop with multiple 14' overhead doors.
Property Size7,680 SF
Lot Size1.50 Acres
Price / SF$117.19
Days on Market3
Property Features for 523 N 9th Ave
General Information
- Standard status
- Active
- Size
- 7,680 SF
- Lot size
- 1.50 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 2:46 am Checked: Jul 20 at 2:46 am
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 property is offered for sale on 1.5 acres and features a 7,680 SF industrial shop built for repair and maintenance operations. The shop includes two 14' overhead doors and full drive-through access. The south half of the building is further divided into four separate bays, each with a 14' overhead door, providing flexible, compartmentalized service space.
The property is located just one block off Hwy 85 in Greeley, CO, supporting straightforward access for commercial vehicles. The site includes 3-phase power throughout, and it is fenced and gated for controlled entry.
Overall, the combination of drive-through layout, multiple overhead doors, and dedicated service bays is suited for ongoing maintenance and repair needs on a truck terminal site.
The property is located just one block off Hwy 85 in Greeley, CO, supporting straightforward access for commercial vehicles. The site includes 3-phase power throughout, and it is fenced and gated for controlled entry.
Overall, the combination of drive-through layout, multiple overhead doors, and dedicated service bays is suited for ongoing maintenance and repair needs on a truck terminal site.
Key Highlights
- Commercial trucking property on 1.5 acres with a 7,680 SF industrial shop built in 1964
- Shop includes drive‑through access plus 2 overhead doors, each 14' wide
- South half has 4 separate bays, each with a 14' overhead door
Local Financial Insights For Industrial
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 | $106.0k | $13.80 |
| − Vacancy | −$8.2k | −$1.06 |
| EGI | $97.8k | $12.74 |
| − OpEx | −$29.3k | −$3.82 |
| NOI | $68.5k | $8.92 |
7,680 SF · lease $13.80/SF/yr · vacancy 7.70% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$1.22M
$1.07M – $1.43M
NOI $85,669 @ 7.0% cap · market cap 9.52%
Second Best
Industrial
$978.2K
$856.0K – $1.14M
NOI $68,476 @ 7.0% cap · market cap 7.61%
Theoretical Best
Office B
$1.40M
$1.22M – $1.63M
NOI $97,978 @ 7.0% cap · market cap 10.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mechanic services
Auto Repair Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Truck terminal - Fenced and gated truck terminal includes an 7,680 SF repair and maintenance shop with multiple 14' overhead doors.
Where is this truck terminal located?
The property is located at 523 N 9th Ave Greeley, CO.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Commercial trucking property on 1.5 acres with a 7,680 SF industrial shop built in 1964; Shop includes drive‑through access plus 2 overhead doors, each 14' wide; South half has 4 separate bays, each with a 14' overhead door
