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    113 6th Ave Greeley, CO 80631-2357
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    Property profile & analytics

    113 6th Ave Greeley, CO 80631-2357


    • Warehouses
    • 12,500 SF
    • 3.11 lot acres
    Off-Market
    Last Sale Jul 22, 2022
    $3,930,000
    Property ID
    US13-0956948
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,850,000
    Show details
    Cap Rate Potential
    3.7%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Wf Services Inc / Employment Agency
    • Rocky Mountain Rig- Up and Repair / Auto Repair Shop
    • Rocky Mountain Bio Health Solutions / Association Or Organization
    • Diversified / Trucking Company
    • KRT / Trucking Company

    Property Details for 113 6th Ave

    Year built
    1996
    Lot size
    3.11 lot acres
    Property size
    12,500 SF
    Property type
    Warehouses
    APN
    R1194796
    APU
    R1194796

    Description

    This exceptional industrial investment opportunity in Greeley, Colorado, presents a compelling case for astute investors. Located at 113-215 N 6th Avenue, this multi-tenant property encompasses 59,324 square feet across multiple buildings situated on a sizable 9-acre lot. The property's strategic location near downtown Greeley offers convenient access to Highway 85, benefiting its seven tenants. The substantial yard space provides ample room for outdoor storage, adding significant value. The property's strong financial performance is highlighted by a pro-forma NOI of $566,607 and a pro-forma cap rate of 7.17%. The asking price is $7,900,000, translating to a price per square foot of $133.17. Several leases extend to 2028 and beyond, ensuring a stable income stream for years to come. The property is zoned for Industrial Medium Intensity use, providing flexibility for future development or expansion. This well-positioned, multi-tenant industrial complex offers a rare opportunity to acquire a high-performing asset in a thriving Colorado market. The property's size, location, and strong tenant base make it an attractive investment with significant long-term potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,820,000
      ML approach
      $3,715,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,532,000
      Market price range: $751k - $2.53M
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $4,505,000
      RESTAURANT
      $2,390,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Greeley
    County
    Weld
    State
    Colorado
    Longitude
    -104.688
    Latitude
    40.4345
    CBSA code
    24540
    CBSA name
    GREELEY, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $83,933
    $94,530
    $951,720
    $1,046,250
    -
    $338,820
    $3,411,180
    $3,750,000
    More about this property
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