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    115 6Th Ave Greeley, CO 80631
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    Property profile & analytics

    115 6Th Ave, Greeley, CO 80631

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    • Warehouses
    • 13,737 SF
    • 5.54 lot acres
    For Sale
    $3,500,000
    View Listing →
    Industrial Condo Investment Opportunity For Sale
    $3,500,000
    14,000 SF

    Industrial Condo Investment Opportunity

    Industrial condo near downtown Greeley with highway access and yard.

    115 6th Ave, Greeley, CO 80631
    View Listing
    Property ID
    US13-0816244
    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
    Cap Rate Potential
    5.9%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 115 6Th Ave

    Year built
    1992
    Lot size
    5.54 lot acres
    Property type
    Warehouses
    APN
    R6777359
    APU
    R6777359

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 19, 2025 — Eighteen 15 LLC — Deed · related $500k · 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 $850k · Fms Bk
    Apr 17, 2017 $2,600,000 Preferred Cartage Service INC Greeley Industries LLC Warranty Deed $3.1M · 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 $1.8M · 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 $666k · New Frontier Bank
    — — Preferred Cartage Service INC — Loan Modification · related $850k · Fms Bk

    Value 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

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,782,000
      Market price range: $825k - $2.78M
      AI Estimate
      $1,681,000
      Market price range: $510k - $1.68M

    • 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

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

    Location Insight

    • Map
    • Local Demand
    City
    Greeley
    County
    Weld
    State
    Colorado
    Longitude
    -104.688
    Latitude
    40.4327
    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
    $62,379
    $168,460
    $611,250
    $779,710
    -
    $603,798
    $2,190,883
    $2,794,681

    Comparable in this City

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      WAREHOUSE, STORAGE
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      1621 1st Ave

      WAREHOUSE, STORAGE
      1621 1st Ave, Greeley, CO 80631-5928
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    • Value Estimation
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      10,508 SF

      1138 11th Ave

      WAREHOUSE, STORAGE
      1138 11th Ave, Greeley, CO 80631-9501
      View Details
    • Value Estimation
      $2,380,000
      9,738 SF

      306 16th St

      WAREHOUSE, STORAGE
      306 16th St, Greeley, CO 80631-5907
      View Details
    • Value Estimation by Request
      3,061 SF

      1316 7th Ave

      WAREHOUSE, STORAGE
      1316 7th Ave, Greeley, CO 80631-4132
      View Details
    • Value Estimation
      $510,000
      4,800 SF

      522 10th St

      WAREHOUSE, STORAGE
      522 10th St, Greeley, CO 80631-4114
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      80,000 SF

      Leased Industrial Facility in Greeley

      80,000 SF industrial facility 100% leased on 3.67 acres.
      450 25Th St, Greeley, CO 80631
      View Details
    • $949,000

      Stand Alone Flex Building

      Flex building on high visibility corner lot with creative possibilities.
      2209 9Th St, Greeley, CO 80631
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    • Contact for pricing

      Greeley Industrial Building with Yard

      6,000 SF industrial building with warehouse and office space.
      3026 1St St, Greeley, CO 80631
      View Details
    • Contact for pricing

      Mixed-Use Building in Downtown Greeley

      Warehouse, retail, and office spaces in a developing downtown area.
      706-716 12Th Street Rd, Greeley, CO 80631
      View Details
    • $2,190,000
      1.55 Acres

      Versatile Industrial/Manufacturing Building in Greeley

      26,796 SF light industrial/manufacturing building on 1.5 acres.
      2332 4Th Ave, Greeley, CO 80631
      View Details
    • $2,250,000

      Greeley Warehouse with Large Yard

      10,610 SF warehouse with offices and 0.5-acre yard.
      1440 N 7Th St, Greeley, CO 80631
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Greeley Warehouse with Yard Space

      Warehouse with offices, storage, overhead doors, and yard space.
      1440 N 7Th St, Greeley, CO 80631
      View Details
    • Contact for pricing
      4,440 SF

      Greeley Warehouse with Yard

      Warehouse space with yard, convenient access to highways.
      1216-1226 E 18Th St, Greeley, CO 80631
      View Details
    • Contact for pricing
      15,000 SF

      Greeley Industrial Building Sublease Opportunity

      15,000 SF industrial building with lab and office space.
      1299 H St, Greeley, CO 80631
      View Details
    • Contact for pricing
      8,678 SF

      Warehouse with Office and Yard

      Warehouse with office space, drive-in doors, and fenced yard.
      1616 2Nd Ave, Greeley, CO 80631
      View Details
    • Contact for pricing
      11,110 SF

      Greeley Warehouse with Drive-Thru Bays

      8,786 SF warehouse with drive-thru bays and radiant heat.
      617 6Th St, Greeley, CO 80631
      View Details
    View Listing
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    Greeley, CO 80631
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    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
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