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    1901 56Th Ave Greeley, CO 80634

    For Sale
    $2,913,435

    Multi-tenant office building, 21,581 sq ft, Greeley, CO.

    Property size:
    21,581 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity presents a two-story, free-standing multi-tenant office building located at 1901 56th Avenue in Greeley, Colorado. The property encompasses 21,581 square feet on a 1.391-acre lot, offering significant potential for growth and income generation. Currently housing three tenants, the building features approximately 3,019 square feet of vacant space on the ground floor, presenting immediate leasing opportunities. The asking price is $2,913,435, translating to a price per square foot of $135. Recent improvements include a fresh coat of paint on the exterior and a newly repaved parking lot, enhancing the property's curb appeal and functionality. The building's traditional office design is well-suited for a variety of businesses, and its location in Greeley, Weld County, Colorado (zip code 80634), provides convenient access to local amenities and transportation routes. This property is an ideal acquisition for investors seeking a stable, multi-tenant income stream with the added benefit of readily available vacant space for immediate revenue enhancement. The property's size and location make it a strong contender in the Greeley commercial real estate market.

    Property Features for 1901 56Th Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    21,581 SF
    Lot Size
    60,592 SF

    Building Details

    Stories
    2
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cynthia Graham Speech Pathologist Kristen Holman Physical Therapist Mercy Church Church Jessica Bartholomew Speech Pathologist Talia Carbajal Speech Pathologist

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Greeley
    County
    Weld
    State
    Colorado
    Longitude
    -104.7712024
    Latitude
    40.4072579

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    FAQs

    What type of property is this?
    Office Property / Space - Multi-tenant office building, 21,581 sq ft, Greeley, CO.
    Where is this office property / space located?
    The property is located at 1901 56Th Ave Greeley, CO.
    What is the asking price?
    The asking price for this property is $2,913,435.
    (970) 305-8176
    Request Owner's contact information
    1901 56Th Ave Greeley, CO 80634
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    Greeley, CO 80634
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1901 56Th Ave Greeley, CO 80634
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