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Versatile Commercial Space For Sale

912 39th, Evans, CO 80620

For Sale
$220,000
Pending

2,400 SF commercial space suitable for various uses.

Property Size2,400 SF
Lot Size0.10 Acres
Days on Market374

Property Features for 912 39th

General Information

Standard status Pending
Size 2,400 SF
Lot size 0.10 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,217

Amenities

Corner Lot
Metal Roof
City Limits
Fire Hydrant within 500 Feet
Gutters
Level
Level Lot
Loading: Drive-in overhead doors
Paved
Sidewalks
Suspended Heating

Building Details

Year Built 1884
Listing Agency: RE/MAX Comm. Alliance-Greeley
Listed By: GARY HOGAN · License CO FA100068550
Source: Corcoran
Added: Nov 4, 2025 Changed: Aug 28 Last Checked: Aug 14 at 6:01AM

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

Rey
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Investment Insights

Based on property information with market context.

This 2,400 square foot commercial space is currently configured as two units but can be combined into one larger space. It features a 12-foot overhead door on the west side and a new 10-foot overhead door on the east side. The west side unit is equipped with suspended gas heat and includes one bathroom. The property is zoned RC (Residential Commercial), which allows for a variety of uses. Prospective buyers should confirm their intended use with the City.

Key Highlights

  • 2,400 SF of flexible space, perfect for residential or commercial use.
  • Zoned RC (Residential Commercial) – buyer to confirm potential uses with the City.
  • Potential to combine two existing units into one larger space.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,870
Cap Rate
9.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,400 $397.4K
Cap Rate 7%
$283,857 $283.9K
Cap Rate 9%
$220,778 $220.8K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$33.1K $13.80/SF
− Vacancy
−$2.6K −$1.06/SF
EGI
$30.6K $12.74/SF
− OpEx
−$10.7K −$4.46/SF
NOI
$19.9K $8.28/SF
Area
Weld County, CO
Vacancy
7.70%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,400
Cap Rate 7%
$283,857
Cap Rate 9%
$220,778

Alternative Uses

Best Use
Industrial
$305.7K
$267.5K – $356.7K (±1% cap)
NOI $21,399 @ 7.0% cap · market cap 9.73%
Second Best
Flex RnD
$283.9K
$248.4K – $331.2K (±1% cap)
NOI $19,870 @ 7.0% cap · market cap 9.03%
Theoretical Best
Office B
$437.4K
$382.7K – $510.3K (±1% cap)
NOI $30,618 @ 7.0% cap · market cap 13.92%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Auto Parts Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

295
Businesses Nearby
Under-served
Demand for This Use

Demographics for 80620, CO

20,975
Population
6,794
Households
3.1
Avg Household Size
30
Median Age
20%
College-Educated
81%
High-School Grad
5.9 sq mi
ZIP Area
3,555
Density / Sq Mi
$71,410
Median Household Income
$40,446
Median Earnings
$1,463
Median Rent
$315,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Flex space in Weld County, CO

$225 Jul
$196 Aug
$187 Sep
$187 Oct

Properties on Market for Flex space in Weld County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - 2,400 SF commercial space suitable for various uses.
Where is this flex space located?
The property is located at 912 39th Evans, CO.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 2,400 SF of flexible space, perfect for residential or commercial use.; Zoned RC (Residential Commercial) – buyer to confirm potential uses with the City.; Potential to combine two existing units into one larger space.
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Includes: Price & PSF · Cap rate · Location · Zoning

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