Truck Terminal with Repair
For Sale
$900,000
523 N 9th Ave, Greeley, CO 80631
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 Market93
Property Features for 523 N 9th Ave
General Information
Standard status
Active
Size
7,680 SF
Lot size
1.50 Acres
Property subtype
Industrial
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Drive-In Doors
6
Heavy Power
Yes
Taxes and HOA fees
Annual Taxes
$17,846
Building Details
Building Size
7,680 SF
Year Built
1964
Listing Agency:
RE/MAX Comm. Alliance-Greeley
Listed By:
Mary Jo Brockshus · License #FA1000014385
(970) 590-0955
Source:
Elliman
Added: Jul 19
Changed: Oct 7
Last Checked: Oct 16 at 9:48AM
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 Comm. Alliance-Greeley
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,476
Cap Rate
7.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,369,520
$1.4M
Cap Rate 7%
$978,229
$978.2K
Cap Rate 9%
$760,844
$760.8K
Market Conditions
NOI Build-Up for 7,680 SF
Gross rent
$106.0K $13.80/SF
− Vacancy
−$8.2K −$1.06/SF
EGI
$97.8K $12.74/SF
− OpEx
−$29.3K −$3.82/SF
NOI
$68.5K $8.92/SF
Area
Greeley, CO
Vacancy
7.70%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,369,520
Cap Rate 7%
$978,229
Cap Rate 9%
$760,844
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 authorities.
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Property Analytics
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Current Use
Lease Details
6
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
269
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
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
