1510 8th Ave, Greeley, CO 80631-4658
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.