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    FOR SALE
    Commercial real estate

    2021 Clubhouse Dr, Greeley, CO 80634

    1.15 ac lot Built 1966
    Entity Owned 7-yr Hold Absentee Owner Free & Clear
    Property ID
    US13-1019998
    Property summary
    AI-generated overview

    This exceptional 18,147 square foot medical office building, located at 2021 Clubhouse Drive in Greeley, Colorado, presents a compelling value-add investment opportunity. The property, built in 1962 and extensively renovated in 2022, is a Class B, two-story building situated on 1.2 acres. Currently housing three tenants across eight units with a 98% occupancy rate, the building offers strong cash flow. The asking price is $2,600,000, translating to $143.27 per square foot. The existing tenant lease expirations provide a strategic roadmap for future development. Smile Doctors' lease expires October 30, 2025, while Sears Real Estate's lease extends to December 31, 2031. A sublease with Colorado Early Education is in place until August 31, 2028. The property boasts attractive Class A office finishes, a new roof (installed in 2019), and a new parking lot (completed in 2020). Its location within Greeley's fastest-growing area ensures strong long-term potential. The previous condominiumization of the property into eight units offers a significant value-add opportunity for future owners seeking to attract smaller tenants. This property is an excellent investment for those seeking a stable, high-occupancy asset with significant upside potential in a thriving market. Weld County location and 80634 zip code.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1966
    Lot 1.15 ac (50,007 SF)
    APN R6778082
    UPID US13-1019998
    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
    • Jamison R. Walsh | Poudre Realty Real Estate Agency
    • Smile Doctors Orthodontics - Greeley Dental Office
    • Brad Inhulsen @ Sears Real Estate Real Estate Agency
    • Martin Grant Team at Sears Real Estate Real Estate Agency
    • Goza Cathy Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Clubhouse Properties LLC · 7 yrs held
    Clubhouse Properties LLC
    since 2018
    2 recorded transactions
    2018
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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