Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5750 20Th St Greeley, CO 80634
    Back to Search
    Property profile & analytics

    5750 20Th St, Greeley, CO 80634

    View on Map
    • Residential income homes
    • 12,903 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lawn Care Service Greeley Colorado / Landscaping
    • Amazing Roofs / Roofing Company / General Contractor

    Property Details for 5750 20Th St

    Year built
    1988
    Property type
    Residential income homes

    Description

    This exceptional investment opportunity presents an 11-unit multifamily portfolio located at 5750 W 20th St, Greeley, CO 80634. Comprising two quadplexes and one triplex, this property boasts 12,903 square feet of well-maintained townhome-style units, each featuring two bedrooms and two-and-a-half bathrooms. Built in 1988, these units offer a blend of established infrastructure and significant upside potential. The portfolio benefits from its prime location in West Greeley, a desirable residential area with convenient access to retail amenities, schools, parks, and entertainment options. Each unit includes one parking space. The current asking price is $3,179,000, representing a price per unit of $289,000 and a price per square foot of $246.38. The property currently generates a Net Operating Income (NOI) of $109,377, translating to a 3.44% cap rate. However, a pro-forma analysis projects a significantly higher NOI of $129,042 and a 4.06% cap rate, indicating substantial room for improvement and increased profitability. The property is part of a well-managed HOA encompassing 20 buildings and 29 units within the development, ensuring a cohesive and well-maintained community. The unique structure of this portfolio, combining triplex and quadplex buildings, presents a compelling opportunity for value enhancement through individual unit renovations and potential resale as separate townhomes. This presents a strong value-add opportunity for discerning investors seeking a high-return multifamily investment in a thriving Colorado market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Greeley
    County
    Weld
    State
    Colorado
    Longitude
    -104.772
    Latitude
    40.4066

    Comparable in this City

    • Value Estimation by Request
      1,567 SF

      4672 20th St Rd, Unit 1411

      APARTMENT HOUSE (UNDER 5 UNITS)
      4672 20th St Rd, Greeley, CO 80634-8403
      View Details
    • Value Estimation by Request
      1,575 SF

      4672 20th St Rd, Unit 1611

      APARTMENT HOUSE (UNDER 5 UNITS)
      4672 20th St Rd, Greeley, CO 80634-8405
      View Details
    • Value Estimation by Request
      1,575 SF

      4672 20th St Rd, Unit 1711

      APARTMENT HOUSE (UNDER 5 UNITS)
      4672 20th St Rd, Greeley, CO 80634-8405
      View Details
    • Value Estimation by Request
      1,575 SF

      4672 20th St Rd, Unit 211

      APARTMENT HOUSE (UNDER 5 UNITS)
      4672 20th St Rd, Greeley, CO 80634-3298
      View Details
    • Value Estimation
      $1,005,000
      1,473 SF

      4913 11th St Rd, Unit 6

      APARTMENT HOUSE (UNDER 5 UNITS)
      4913 11th St Rd, Greeley, CO 80634-1908
      View Details
    • Value Estimation by Request
      4,680 SF

      807 37Th Ave

      Multifamily properties
      807 37Th Ave, Greeley, CO 80634
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      30,188 SF

      Greeley Multifamily Investment Opportunity

      Well-maintained 40-unit apartment complex in Greeley, Colorado.
      2435 W 11Th St, Greeley, CO 80634
      View Details
    • Contact for pricing

      Updated Brick Fourplex Investment Opportunity

      Updated fourplex with great tenants and revenue potential.
      2132 27Th Avenue Ct, Greeley, CO 80634
      View Details
    • Contact for pricing

      Greeley Multifamily Investment Opportunity

      Four-unit building in west Greeley, ideal for rental portfolio expansion.
      732 37Th Avenue Ct, Greeley, CO 80634
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available For Rent

      Single tenant retail space available for rent, 2,140 SqFt.
      2914 67Th Avenue Ct, Greeley, CO 80634
      View Details
    • Contact for pricing

      Professional Office Suite For Rent

      Prime west Greeley office suite with high visibility and parking.
      3050 67Th Ave, Greeley, CO 80634
      View Details
    • Contact for pricing
      350,000 SF

      Greeley Warehouse Distribution Center

      350,000 SF warehouse/distribution center in High Point Business Park.
      2100 115Th Ave, Greeley, CO 80634
      View Details
    • Contact for pricing

      Retail Space in Westlake Village

      5,500 SF end cap in busy shopping center.
      2170 35Th Avenue Ct, Greeley, CO 80634
      View Details
    • Contact for pricing

      Prime Retail Space Opportunity

      Exceptional retail space in a high-demand area, below-market rent.
      4835 W 10Th St, Greeley, CO 80634
      View Details
    Request Owner's contact information
    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.
    5750 20Th St
    Greeley, CO 80634
    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
    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

    Thank You for Inquiry
    5750 20Th St, Greeley, CO, 80634
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!