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    2525 16Th St Greeley, CO 80631

    For Sale
    $2,300,000

    Net Lease Investment, 100% Occupied

    Property size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional two-story, Class B executive office building at 2525 W 16th Street, Greeley, CO 80631, presents a compelling net lease investment opportunity. Currently 100% occupied, with a lease expiring July 31, 2024, this property boasts a strong 6.28% cap rate and is priced at $2,300,000. The building features approximately 1 square foot of space (exact square footage not provided) and sits on land valued at $192.29 per square foot. Key features include a Pride Design office space, a generator for power outages, heated front entry and ramps, ADA-compliant ramps to both levels, and a maintenance-free exterior. A significant advantage is the inclusion of a separate storage building for maintenance purposes. The roof was replaced in 2018 with a 50-year warranty. The property is zoned C-L and benefits from a high daily vehicle count of 14,300. This turnkey investment offers a rare opportunity to acquire a well-maintained, high-performing asset in a desirable location. The property's strong occupancy and lease terms make it an attractive addition to any investment portfolio. Further details on the exact square footage are available upon request.

    Property Features for 2525 16Th St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1 SF
    Class
    B

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • 6.28% Cap Rate
    • 100% Occupancy (Unit A vacant August 1, 2024)
    • Unit A: Pride Design Office Suite
    • 14,300 Vehicles Per Day (VPD)
    • On‑site Generator
    • Heated Front Entry & Ramps
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Tungland Company Disability Services And Support Organization Effective Counseling Opportunity Corporate Office NALC Branch 324 Association Or Organization Cornerstone Chiropractic Chiropractor Lighthouse Family Mortuary Funeral Home

    Suggested Use

    Realty agency Law Firm 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
    -104.6821048
    Latitude
    40.4398216

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    FAQs

    What type of property is this?
    Office Property / Space - Net Lease Investment, 100% Occupied
    Where is this office property / space located?
    The property is located at 2525 16Th St Greeley, CO.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: 6.28% Cap Rate; 100% Occupancy (Unit A vacant August 1, 2024); Unit A: Pride Design Office Suite
    (970) 978-6864
    Request Owner's contact information
    2525 16Th St Greeley, CO 80631
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    Greeley, CO 80631
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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
    2525 16Th St Greeley, CO 80631
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