Greeley Commercial Property For
For Sale
Contact for pricing
819 9th St, Greeley, CO 80631
Located in Greeley DDA and Historic District.
Property Size7,350 SF
Price / SF$217.69
Days on Market152
Property Features for 819 9th St
General Information
Standard status
Active
Size
7,350 SF
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Building Details
Year Built
1898
Units
2
Tenancy
Single
Listing Agency:
RE/MAX Commercial Alliance
(970) 590-0955
Listed By:
Mary Jo Brockshus · License #FA1000014385
Source:
Crexi
Added: Mar 23
Changed: Aug 8
Last Checked: Aug 18 at 7:31PM
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 property is located within Greeley's DDA district and the City’s Historic District. The DDA offers access to Facade Improvement Grants, Building Improvement Grants, and potential Tax Increment Financing (TIF) reimbursements for eligible projects. The property is positioned near the new Greeley Civic Campus and the Weld County Judicial Center. The property size is 7350 square feet. Buyer to confirm square footage.
Key Highlights
- Located in Greeley's DDA district and within the City’s Historic District.
- Access to Facade Improvement Grants through the DDA.
- Potential for Building Improvement Grants through the DDA.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$83,071
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,661,420
$1.7M
Cap Rate 7%
$1,186,729
$1.2M
Cap Rate 9%
$923,011
$923.0K
Market Conditions
NOI Build-Up for 7,350 SF
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.
Gross rent
$132.3K $18.00/SF
− Vacancy
−$13.6K −$1.85/SF
EGI
$118.7K $16.15/SF
− OpEx
−$35.6K −$4.84/SF
NOI
$83.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,661,420
Cap Rate 7%
$1,186,729
Cap Rate 9%
$923,011
Alternative Uses
Best Use
Retail
$1.19M
$1.04M – $1.38M
NOI $83,071 @ 7.0% cap · market cap 5.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office B
$1.34M
$1.17M – $1.56M
NOI $93,768 @ 7.0% cap · market cap 5.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,481
Businesses Nearby
63k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Shops & Services 18%
Hotels & Casinos 16%
Groceries 9%
Dutch Bros. Coffee
Dining
17,053 visits/mo
0.3 miles
Carl's Jr.
Dining
10,713 visits/mo
0.1 miles
Family Dollar
Shops & Services
9,179 visits/mo
0.4 miles
DoubleTree by Hilton
Hotels & Casinos
8,810 visits/mo
0.2 miles
Santiago's
Dining
7,433 visits/mo
0.3 miles
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Located in Greeley DDA and Historic District.
Where is this retail space located?
The property is located at 819 9th St Greeley, CO.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Located in Greeley's DDA district and within the City’s Historic District.; Access to Facade Improvement Grants through the DDA.; Potential for Building Improvement Grants through the DDA.
