Industrial Condo Investment
For Sale
Contact for pricing
625 3rd St, Greeley, CO 80631
Industrial condo near downtown Greeley with highway access and yard.
Property Size7,777 SF
Lot Size9.00 Acres
Price / SF$129
Days on Market239
Property Features for 625 3rd St
General Information
Standard status
Active
Size
7,777 SF
Lot size
9.00 Acres
Property subtype
Industrial
Listing Agency:
Cushman & Wakefield - Fort Collins, Colorado
Listed By:
Travis Ackerman · License #CO 100014006
(970) 776-3900
Source:
Crexi
Added: Feb 9
Changed: Aug 8
Last Checked: Aug 8 at 2:59PM
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 Cushman & Wakefield - Fort Collins, Colorado
Investment Insights
Based on property information with market context.
This industrial condo, situated near downtown Greeley, Colorado, offers an investment opportunity with convenient access to Highway 85. The property, located on approximately 9 acres, features ample yard space suitable for outdoor storage. The property provides a steady income stream, with several leases extending to 2028 or later.
Key Highlights
- Industrial condo investment opportunity.
- Steady stream of income due to leases expiring in 2028 or later.
- Abundance of yard space for outdoor storage.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,341
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,386,820
$1.4M
Cap Rate 7%
$990,586
$990.6K
Cap Rate 9%
$770,456
$770.5K
Market Conditions
NOI Build-Up for 7,777 SF
Gross rent
$107.3K $13.80/SF
− Vacancy
−$8.3K −$1.06/SF
EGI
$99.1K $12.74/SF
− OpEx
−$29.7K −$3.82/SF
NOI
$69.3K $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%
$1,386,820
Cap Rate 7%
$990,586
Cap Rate 9%
$770,456
Alternative Uses
Best Use
Industrial
$990.6K
$866.8K – $1.16M
NOI $69,341 @ 7.0% cap · market cap 6.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office B
$1.42M
$1.24M – $1.65M
NOI $99,215 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
661
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Industrial property - Industrial condo near downtown Greeley with highway access and yard.
Where is this industrial property located?
The property is located at 625 3rd St Greeley, CO.
What is the asking price?
The asking price for this property is $1,003,233.
What are key features of this property?
This property features: Industrial condo investment opportunity.; Steady stream of income due to leases expiring in 2028 or later.; Abundance of yard space for outdoor storage.
