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Truck Terminal with 2 Overhead Doors

523 N 9th Greeley, CO 80631

New
523 N 9th, Greeley, CO, 80631
$900,000
For Sale
$900,000

Fenced and gated truck terminal with a 7,680 SF industrial shop featuring two 14' overhead doors.

Property Size7,680 SF
Lot Size1.50 Acres
Price / SF$117.19
Days on Market4

Property Features for 523 N 9th

General Information

Standard status
Active
Size
7,680 SF
Lot size
1.50 Acres
Property subtype
Commercial

Building Details

Year Built
1964
Listing agency Coldwell Banker Realty- Fort Collins
Listed by KEVIN WEIMER
Source Corcoran
Added: Jul 18 Updated: Jul 21 at 2:35AM Checked: Jul 21 at 5:51AM

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


Investment Insights

Based on property information with market context.

Commercial trucking property on 1.5 acres featuring a 7,680 SF industrial shop designed for repair and maintenance. The facility includes two 14' overhead doors with full drive-through access, supporting straightforward inbound and outbound operations. The south half of the shop is arranged with four separate bays, each equipped with a 14' overhead door. Three-phase power is available throughout, and the property is fenced and gated.

Located just one block off Hwy 85, the site offers convenient access for trucking and service activities. The enclosed shop configuration supports use cases that require multiple service bays in addition to drive-through capability.

With dedicated bay doors and drive-through access, the layout is well-suited for vehicle service workflows that benefit from segregated areas for repair and maintenance.

Key Highlights

  • Commercial trucking property on 1.5 acres with a 7,680 SF industrial shop for repair and maintenance
  • Drive‑through access with 2 (14') overhead doors plus 4 separate bays in the south half, each with (14') overhead doors
  • 3‑phase power throughout the shop

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 (±1% cap)
NOI $85,669 @ 7.0% cap · market cap 9.52%
Second Best
Industrial
$978.2K
$856.0K – $1.14M (±1% cap)
NOI $68,476 @ 7.0% cap · market cap 7.61%
Theoretical Best
Office B
$1.40M
$1.22M – $1.63M (±1% cap)
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

Truck terminals

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Tech Support Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store Pet Store Catering Service Pet Store & Service Fish Market

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Truck terminal - Fenced and gated truck terminal with a 7,680 SF industrial shop featuring two 14' overhead doors.
Where is this truck terminal located?
The property is located at 523 N 9th 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 for repair and maintenance; Drive‑through access with 2 (14') overhead doors plus 4 separate bays in the south half, each with (14') overhead doors; 3‑phase power throughout the shop
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