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    OFF-MARKET
    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
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    by Request
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    Blend (final) Blend
    by Request
    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
    2016
    2016
    $395,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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