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Property profile & analytics
FOR LEASE
Banks
1701 23Rd Ave Greeley, CO 80634
Individually Owned
Absentee Owner
Free & Clear
Property ID
US13-0828024
For Lease
1 / 4
Contact for pricing
1701 23Rd Ave, Greeley, CO 80634
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Property summary
AI-generated overview
This exceptional commercial property at 1701 23rd Avenue in Greeley, Colorado, offers a unique opportunity for businesses seeking executive office space. Located in Weld County, this two-story building boasts a total of 10,449 square feet, currently entirely vacant and ready for immediate occupancy. The property is zoned for retail, office, and restaurant uses, providing versatility for a range of businesses. Multiple tenancy options are available, with spaces ranging from a minimum of 2,668 square feet to a maximum contiguous space of 7,781 square feet. This allows for flexibility to accommodate businesses of various sizes and needs. The building features convenient amenities including elevators. The property's prime location in Greeley, Colorado, offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in a thriving community. The 80634 zip code provides easy access to major transportation routes and local amenities. This is a rare opportunity to secure a substantial, fully vacant space in a desirable location. Contact us today to learn more about leasing options and to schedule a viewing.
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1980
Total area
24,151 SF
Lot
2.23 ac (97,139 SF)
APN
R2291686
UPID
US13-0828024
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
Current use
Occupant on record · Public records
-
FNBO Bank Loan Service
-
FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$892k
Blend (final)
Blend
$770k
Owner & transaction history
UNION COLONY BANK
UNION COLONY BANK
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Greeley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greeley submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$1,255,000
Current use
Blend value · Realmo final
$770k
Range $693k – $847k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$32 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$64,712
Tax year 2023
Assessed value
$808,580
Assessed 2023
Previous assessed
$808,580
+0.0% YoY
Effective rate
8.00%
On assessed value
Assessed land
$140,250
Assessed improvement
$668,330
Land market value
$502,694
Improvement market value
$2,395,426
Total market value
$2,898,120
Applied tax rate
600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Banks
Use group
FINANCIAL BUILDING
Status
For Lease
Year built
1980
Heating
YES
Cooling
AC.PACKAGE
Buildings
3
Stories
2
Total area
24,151 SF
Lot
2.23 ac (97,139 SF)
APN
R2291686
UPID
US13-0828024
Jurisdiction
WELD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$1.3M
FINANCIAL BUILDING Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Heating
YES
Cooling
Yes
Stories
2
Buildings
3
Lot
2.23 ac
Current owner
From public records · entity-resolved
UNION COLONY BANK
Individual
Free & Clear · 0 yrs held
Mailing address
1620 DODGE ST STOP #3120, OMAHA, NE 68197-0003
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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