Office Units with Updated
N-7251 W 20th St, Greeley, CO 80631
For Sale
$962,500
Owner-user office suite with reception, private offices, a breakroom, bathrooms, and adaptable lab or storage space.
Property Size2,750 SF
Price / SF$350
Days on Market58
Property Features for N-7251 W 20th St
General Information
Standard status
Size
Additional Details
Asking Price
Listing Agency:
Realtec Commercial Real Estate Services of Loveland
(970) 593-9900
Listed By:
Bruce Campbell · License #CO 100041380
(970) 231-6824
Source:
Exprealty
Added: Sep 10
Changed: Oct 26
Last Checked: Nov 6 at 10:08AM
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 Realtec Commercial Real Estate Services of Loveland
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit provides approximately 2,750 SF for an owner-user, with a reception area, multiple offices receiving natural light, a breakroom, three bathrooms, and additional lab or storage space. The layout is suited to medical or professional service operations, subject to the applicable requirements for the intended use. An established professional tenant occupies the other half of the building, creating a shared-occupancy configuration. The property is located at N-7251 W 20th St in Greeley, within an office park setting. An updated HVAC system is in place, supporting day-to-day office operations.
Key Highlights
- Approximately 2,750 SF available for an owner‑user
- Reception area, multiple offices, breakroom, and 3 bathrooms
- Additional lab or storage space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,083
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$701,660
$701.7K
Cap Rate 7%
$501,186
$501.2K
Cap Rate 9%
$389,811
$389.8K
Market Conditions
NOI Build-Up for 2,750 SF
Gross rent
$49.5K $18.00/SF
− Vacancy
−$2.7K −$0.99/SF
EGI
$46.8K $17.01/SF
− OpEx
−$11.7K −$4.25/SF
NOI
$35.1K $12.76/SF
Area
Greeley, CO
Vacancy
5.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$701,660
Cap Rate 7%
$501,186
Cap Rate 9%
$389,811
Alternative Uses
Best Use
Office B
$501.2K
$438.5K – $584.7K
NOI $35,083 @ 7.0% cap · market cap 3.64%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
426
Businesses Nearby
Explore this area
Business Placement
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
$300,400
Median Home Value
Market
Average Price Trend$/SF for Office Units in Greeley, CO
Properties on Market for Office Units in Greeley
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Owner-user office suite with reception, private offices, a breakroom, bathrooms, and adaptable lab or storage space.
Where is this office unit located?
The property is located at N-7251 W 20th St Greeley, CO.
What is the asking price?
The asking price for this property is $962,500.
What are key features of this property?
This property features: Approximately 2,750 SF available for an owner‑user; Reception area, multiple offices, breakroom, and 3 bathrooms; Additional lab or storage space
