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    Property profile & analytics

    1645 8th Ave Greeley, CO 80631-5602

    • Turn key restaurants
    • 2,092 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $520,000
    Last Sale
    Nov 20, 2020
    $475,000
    Location Intelligence
    Property ID
    US13-2470765
    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.

    Current Use by Public Records

    • Cheba Hut Toasted Subs / Bar / Sandwich Shop

    Property Details for 1645 8th Ave

    Year built
    1954
    Lot size
    0.13 lot acres
    Property size
    2,092 SF
    Property type
    Turn key restaurants
    APN
    R3282286
    APU
    R3282286

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $485,000

    • CAP approach

      CAP return
      Estimation
      6%
      $510,000
      6.5%
      $580,000
      7%
      $545,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $640,000
      Geo Method
      $495,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $660,000
      Retail
      $560,000
      Mixed-Use
      $650,000
      Hospitality
      $555,000
      Educational
      $580,000
      Residential Income
      $605,000
      Energy
      $500,000
      Income-Based Land
      $635,000
      Food Service
      $630,000

    Location Insight

    • Map
    • Local Demand
    City
    Greeley
    County
    Weld
    State
    Colorado
    Longitude
    -104.691
    Latitude
    40.4121
    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
    $9,305
    $19,280
    $97,450
    $116,730
    -
    $69,120
    $349,280
    $418,400

    Comparable in this City

    • Value Estimation by Request
      5,563 SF

      2400 17th Ave

      RESTAURANT • 5,563 SF
      2400 17th Ave, Greeley, CO 80631
      View Details
    • Value Estimation by Request
      1,608 SF

      811 23rd St

      RESTAURANT • 1,608 SF
      811 23rd St, Greeley, CO 80631-7052
      View Details
    • Value Estimation by Request
      2,106 SF

      2460 8th Ave, Unit 102

      RESTAURANT • 2,106 SF
      2460 8th Ave, Greeley, CO 80631-7035
      View Details
    • Value Estimation
      $940,000
      2,625 SF

      804 8th St, Unit 1

      RESTAURANT • 2,625 SF
      804 8th St, Greeley, CO 80631-3993
      View Details
    • Value Estimation by Request
      3,625 SF

      822 9th St

      RESTAURANT • 3,625 SF
      822 9th St, Greeley, CO 80631-1162
      View Details
    • Value Estimation
      $480,000
      14,270 SF

      510 25th St

      RESTAURANT • 14,270 SF
      510 25th St, Greeley, CO 80631-7142
      View Details

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    Similar Nearby for Lease

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      Downtown Greeley Retail/Restaurant Space

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    • Contact for pricing
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      Retail Suites in Community Center

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    • New
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      Prime retail location across from the University of Northern Colorado.
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      Retail Space in Hillside Center

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    Property Visit Statistics

    • Visits by month
      8.3k
    • Visitors by month
      8.4k
    • Avg Time on site
      26 min
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    1645 8th Ave
    Greeley, CO 80631-5602
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    Realmo Value Estimation

    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.

    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.

    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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