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Property profile & analytics
FOR SALE
Warehouses
115 6Th Ave Greeley, CO 80631
Entity Owned
2-yr Hold
Free & Clear
Property ID
US13-0816244
For Sale
1 / 3
$3,500,000
115 6Th Ave, Greeley, CO 80631
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1992
Total area
13,737 SF
Lot
5.54 ac (241,540 SF)
APN
R6777359
UPID
US13-0816244
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.60M
CAP Approach
CAP
$2.36M
Comparable Approach
Comparable
$2.78M
Blend (final)
Blend
$2.60M
Owner & transaction history
Eighteen 15 LLC · 2 yrs held
Eighteen 15 LLC
since 2024
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.6M
+33.5%
Office building
$2.5M
+28.1%
Medical building
$2.3M
+16.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Greeley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greeley submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,600,000
ML approach
$2,600,000
CAP Approach
CAP Return
Estimation
6%
$2,555,000
6.5%
$2,355,000
7%
$2,190,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,970,000
Current use
RESTAURANT
$2,625,000
Change: +33% · Conversion: Difficult
OFFICE BUILDING
$2,520,000
Change: +28% · Conversion: Difficult
MEDICAL BUILDING
$2,290,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,170,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$2,105,000
Change: +7% · Conversion: Moderate
Blend value · Realmo final
$2.60M
Range $2.34M – $2.86M · ±10% · vs last sale $2.60M (May 9 2024)
Last sale anchor
$2.60M
May 9 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$189 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$62,379
Tax year 2023
Assessed value
$779,710
Assessed 2023
Previous assessed
$779,710
+0.0% YoY
Effective rate
8.00%
On assessed value
Assessed land
$168,460
Assessed improvement
$611,250
Land market value
$603,798
Improvement market value
$2,190,883
Total market value
$2,794,681
Applied tax rate
600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1992
Heating
SPACE
Cooling
YES
Buildings
13
Stories
1
Total area
13,737 SF
Lot
5.54 ac (241,540 SF)
APN
R6777359
UPID
US13-0816244
Jurisdiction
WELD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.0M
RESTAURANT
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$2.2M
RETAIL STORES
Est. value
$2.1M
WAREHOUSE, STORAGE Current
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1992
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
13
Lot
5.54 ac
Current owner
From public records · entity-resolved
Eighteen 15 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 940, GREELEY, CO 80632-0940
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2025
—
Eighteen 15 LLC
—
Deed
related
$500,000 · Fms Bank
May 9, 2024
—
Eighteen 15 LLC
Preferred Cartage Service INC
Quit Claim Deed
related
—
Dec 17, 2019
—
Preferred Cartage Service INC
—
Deed
related
$850,000 · Fms Bk
Apr 17, 2017
$2,600,000
Preferred Cartage Service INC
Greeley Industries LLC
Warranty Deed
$3,052,500 · Fms Bank
Dec 19, 2016
—
Greeley Industries LLC
Comer Industrial Park LLC
Quit Claim Deed
related
—
Oct 24, 2013
—
Comer Industrial Park LLC
—
Trustees Deed
related
$1,781,000 · Solaris Capital LLC
Nov 17, 2004
—
Comer Industrial Park LLC
Comer,glen D
Quit Claim Deed
related
—
Nov 17, 2004
$650,000
Glen D Comer
Comer,lanora
Warranty Deed
related
$665,500 · New Frontier Bank
—
—
Preferred Cartage Service INC
—
Loan Modification
related
$850,000 · Fms Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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