1001 O St Greeley, CO 80631-9596
This Greeley, Colorado self-storage facility presents a compelling investment opportunity. Located at 1001 O St, 80631, in Weld County, this single-story, 26,000 square foot facility boasts 196 units and sits on a 2.94-acre lot. Built in 1956 and renovated in 1996, the property offers a mix of climate-controlled indoor and outdoor storage options, featuring fully automated services. Currently operating at 80% occupancy, the facility generates a Net Operating Income (NOI) of $149,020, representing a 5.52% cap rate. Pro-forma projections indicate a 6.51% cap rate and a NOI of $175,716 upon reaching full occupancy by October 29, 2024. The asking price is $2,700,000, translating to $103.85 per square foot and $13,775.51 per unit. The property is classified as Class C, multi-tenancy, and is categorized as a stabilized investment. The seller is open to considering a trade or owner financing options. This well-performing asset offers significant potential for growth and strong returns. The net rentable square footage is 24,926 square feet.
-
Parker & Co Auctioneers Trade Show Venue (Bike/Boat/Book/etc) Store
-
Greely Storage Storage Facility
-
Prairie View Ranch Partners, LLC Corporate Office
-
Prairie View Ranch Water District Corporate Office
-
Affordable Secure Storage Storage Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.