Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2881 9Th St Greeley, CO 80631

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Four renovated units, prime location.

    Property size:
    9,003 SF

    Property Features for 2881 9Th St

    General Information

    Property type
    Life science properties
    Square Feet
    9,003 SF

    Building Details

    Year Built/Renovated
    1999/2017

    We can help!

    Listing Contact
    Michelle Hickey Crawford

    Listing Agency: RE/MAX Comm. Alliance-FTC Dwtn Listing Agent: Michelle Hickey Crawford

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional investment opportunity presents four combined industrial condo units totaling 9,003 square feet, ideally situated at 2881 S 31st Ave, Units B6-B9, Greeley, CO 80631. The property, built in 1999 and fully renovated in 2017, boasts a desirable Commercial High Intensity (C-H) zoning, allowing for a wide array of uses. Features include seven 12'x12' overhead doors with drive-through access, and one 12'x12' dock-high door, providing excellent accessibility. The units benefit from 18-foot ceiling heights at the beam's centerline, ample three-phase power, and complete climate control throughout, including the warehouse space. New offices and conference space were added during the 2017 renovation, enhancing functionality. Additional improvements include a new roof and siding installed in 2019. The property's strategic location offers easy access to Highway 34, just one mile away, and is conveniently situated within the Colorado Enterprise Zone. Its proximity to Denver International Airport (approximately one hour's drive) further enhances its appeal. The asking price is $1,260,000, representing approximately $140 per square foot on average. The main level comprises 6,894 square feet, complemented by a 2,109-square-foot mezzanine. Individual unit sales are possible. Detailed lease information for the current occupant is available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Greeley
    County
    Weld
    State
    Colorado
    Longitude
    -104.730856
    Latitude
    40.3891746

    Nearby Similar for Sale

    • $650,000
      3,600 SF

      Turn-Key Triplex Near UNC

      Well-maintained triplex near UNC, ideal for house-hack or investment.
      1715 11Th Ave, Greeley, CO 80631
      View Details
    • $550,000
      0.08 Acres

      Restored Commercial Building in Greeley

      Restored 1901 commercial building with modern upgrades and private parking.
      708 8Th St, Greeley, CO 80631
      View Details
    • $219,900
      0.01 Acres

      Remodeled Office Space in Greeley

      Remodeled office space in high-traffic area, ideal for investment.
      929 38Th Avenue Ct, Greeley, CO 80634
      View Details
    • $2,190,000
      26,796 SF

      Versatile Industrial/Manufacturing Building in Greeley

      26,796 SF light industrial/manufacturing building on 1.5 acres.
      2332 4Th Ave, Greeley, CO 80631
      View Details
    • $690,000
      7,948 SF

      Mixed-Use Investment Opportunity in Greeley

      Three properties with mixed-use, commercial, industrial, storage, and residential spaces.
      517 8Th St, Greeley, CO 80631
      View Details
    • $550,000
      3,008 SF

      Multi-Unit House Near UNC

      Multi-unit house near UNC with detached garage and fenced backyard.
      1825 7Th Ave, Greeley, CO 80631
      View Details
    • New
      $379,900
      1,418 SF

      Remodeled Duplex with Income Potential

      Turn-key duplex with modern finishes and rental upside.
      2015 5Th Ave, Greeley, CO 80631
      View Details
    • $1,199,900
      9,072 SF

      Updated Fourplex in Prime Location

      Updated fourplex with strong rental income and value-add potential.
      2132 27Th Avenue Ct, Greeley, CO 80634
      View Details
    • $310,000
      1,140 SF

      Greeley Duplex: Income Opportunity

      Charming duplex in Greeley offers income potential and flexible living.
      144 N 25Th Ave, Greeley, CO 80631
      View Details
    • $2,190,000
      1.55 Acres

      Versatile Industrial/Manufacturing Building in Greeley

      26,796 SF light industrial/manufacturing building on 1.5 acres.
      2332 4Th Ave, Greeley, CO 80631
      View Details
    • New
      $420,000
      2,400 SF

      Greeley Triplex with Development Potential

      Well-maintained triplex with extra lot for future development.
      228 13Th St, Greeley, CO 80631
      View Details
    • $970,000

      Commercial Office Condo For Sale

      Professionally maintained office condo in desirable West Greeley business corridor.
      4689 W 20Th St, Greeley, CO 80634
      View Details

    FAQs

    What type of property is this?
    Life science property - Four renovated units, prime location.
    Where is this life science property located?
    The property is located at 2881 9Th St Greeley, CO.
    What is the asking price?
    The asking price for this property is $1,260,000.
    What are key features of this property?
    This property features: Completely remodeled industrial/R&D space.; Offered at $1,260,000.; Pricing: $175/SF main level, $25/SF mezzanine. Average price $140/SF.
    (970) 215-7016 Call to check price and availability
    Request Owner's contact information
    2881 9Th St Greeley, CO 80631
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2881 9Th St
    Greeley, CO 80631
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2881 9Th St Greeley, CO 80631
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Michelle Hickey Crawford
    Real Estate License ID: FA40038721
    (970) 215-7016
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!