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Property profile & analytics
OFF-MARKET Estimated value $370,000
Theaters & concert halls

1510 8th Ave Greeley, CO 80631-4658

14,597 SF 0.88 ac lot Built 1957
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US13-2273922
Property summary
AI-generated overview

This exceptional 14,597 square foot commercial property presents a unique investment opportunity in the heart of Greeley, Colorado. Situated on a 1.06-acre lot at 1510 8th Avenue, this property offers significant potential for multi-family or retail development. Its prime location within Greeley's downtown core provides immediate access to a vibrant urban environment, ensuring high visibility and strong foot traffic. The property benefits from its strategic location within multiple designated zones designed to stimulate economic growth and development. Specifically, it falls within an Opportunity Zone, offering substantial tax advantages for qualified investors. Further enhancing its appeal, the property is also situated within a Downtown Development District and a Redevelopment District, providing access to additional incentives and streamlined permitting processes. Finally, its inclusion in an Enterprise Zone unlocks further economic benefits. The existing building assemblage is also available for lease

Property profile
Verified
Property type Theaters & concert halls
Use group AUDITORIUM
Year built 1957
Total area 14,597 SF
Lot 0.88 ac (38,202 SF)
APN R8956399
UPID US13-2273922
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
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k
Owner & transaction history
Richmark Real Estate Ptrs LLC · 8 yrs held
Richmark Real Estate Ptrs LLC
since 2017
4 recorded transactions
2017
$500,000
2017
Price N/A
2016
Price N/A
2016
$395,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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