Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    29Th St Greeley, CO 80634
    Back to Search
    Property profile & analytics

    29Th St Greeley, CO 80634

    View on Map
    • Land
    • 2.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 29Th St

    Lot size
    2.00 lot acres
    Property type
    Land

    Description

    This exceptional commercial land parcel, located at TBD W 29th Street in Evans, Colorado (Weld County, zip code 80634), presents a unique investment opportunity. The property boasts a generous lot size ranging from 2 to 2.7 acres, offering ample space for a variety of commercial developments. The land is zoned C-H, permitting a wide range of retail and commercial uses, making it highly versatile and attractive to prospective buyers. Situated in a convenient location with easy access to US 34, this property benefits from excellent visibility and accessibility. Furthermore, the site enjoys the advantage of having utilities readily available, simplifying the development process and reducing infrastructure costs. A significant benefit is the presence of existing storm water detention, eliminating the need for costly upfront infrastructure development in this area. The land value is competitively priced at $15 per square foot, representing a compelling investment opportunity in a rapidly growing area. The latitude and longitude coordinates are 40.38916 and -104.7547582 respectively. This property is available for sale and ready for development.

    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
    -104.755
    Latitude
    40.3892

    Comparable in this City

    • Value Estimation by Request
      27.00 Acres

      83RD Ave &

      Land • 27.00 Acres
      83RD Ave &, Greeley, CO 80634
      View Details
    • Value Estimation by Request
      0.86 Acres

      4th 35Th Ave

      Land • 0.86 Acres
      4th 35Th Ave, Greeley, CO 80634
      View Details
    • Value Estimation by Request
      1.26 Acres

      1022 83Rd Ave

      Land • 1.26 Acres
      1022 83Rd Ave, Greeley, CO 80634
      View Details
    • Value Estimation by Request
      1.50 Acres

      27932 Weld County Rd

      Land • 1.50 Acres
      27932 Weld County Rd, Greeley, CO 80634
      View Details
    • Value Estimation by Request
      1.57 Acres

      2501 46Th Ave

      Land • 1.57 Acres
      2501 46Th Ave, Greeley, CO 80634
      View Details
    • Value Estimation by Request
      3.08 Acres

      2775 71St Ave

      Medical space • 3.08 Acres
      2775 71St Ave, Greeley, CO 80634
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale

      Land available for sale.
      4th 35Th Ave, Greeley, CO 80634
      View Details
    • Contact for pricing

      TBD W 29th Street, Evans, CO 80634

      Land
      W 29Th St, Evans, CO 80634
      View Details
    • Contact for pricing

      Land Near UCHealth Greeley Hospital

      Land with quick highway access and nearby amenities.
      6815 28Th St, Greeley, CO 80634
      View Details
    • Contact for pricing

      High Visibility Commercial Lot Available

      Prime commercial land with high traffic and existing infrastructure.
      4609 W 20Th St, Evans, CO 80634
      View Details
    • Contact for pricing

      Prime Commercial Land for Sale

      29 acres of commercial land at the gateway to Greeley.
      10th 83Rd Ave, Greeley, CO 80634
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Permit-Ready Lot in West Greeley

      Platted commercial land suitable for office, retail, and medical uses.
      1835 61St Avenue Ct, Greeley, CO 80634
      View Details
    • Contact for pricing

      Commercial Land in Mixed-Use Development

      Commercial land for lease in new mixed-use development.
      95TH Greeley Co, Greeley, CO 80634
      View Details
    • Contact for pricing

      Greeley Land Parcel For Lease

      16,981 SF commercial/industrial land for lease in Greeley, CO.
      4409 Centerplace Dr, Greeley, CO 80634
      View Details
    • Contact for pricing

      Commercial Land in Growing Greeley

      Land with high visibility and access to major transportation routes.
      Promontory Pkwy, Greeley, CO 80634
      View Details
    • Contact for pricing

      Commercial Land in West Greeley

      Commercial development opportunity with high visibility and immediate highway access.
      10829 Highway 257, Greeley, CO 80634
      View Details
    • Contact for pricing

      Retail Space in Central Greeley

      Retail space for lease in central Greeley, Colorado.
      2700 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.
    29Th 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
    29Th 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!