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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2743 6Th Avenue Ln Garden City, CO 80631

    • Flex space
    • 2,732 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0518421
    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

    • Flex space

    Property Details for 2743 6Th Avenue Ln

    Year built
    1929
    Property size
    2,732 SF
    Property type
    Flex space
    Property subtype
    Distribution centers
    APN
    096117334002

    Description

    This exceptional Garden City, Colorado property presents a rare opportunity for an owner-user. Located at 2743 6th Ave Ln, this mixed-use offering combines a 2,732 square foot building with two structures on a 6,430 square foot lot. The property boasts a blend of industrial and flex space, perfectly suited for a home-based business, as permitted by the RE zoning. Built in 1929 with renovations in 1993 and 2020, the main building features a recently updated interior including new flooring and fresh paint. A newer furnace (installed within the last two years) ensures efficient heating. Exterior improvements include a sprinkler system. The second building, a spacious 1,800 square foot shop, is fully insulated with tube heating and includes three automatic garage doors (8', 12', and 14' high). This unique property offers significant potential for customization and renovation, making it an ideal investment for a discerning buyer seeking a blend of residential and commercial space. The property is listed at $400,000 and features one unit, situated in Weld County, CO, zip code 80631. APN: 096117334002.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Garden City
    County
    Weld
    State
    Colorado
    Longitude
    -104.6891433
    Latitude
    40.3934079

    Comparable in this City

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      Greeley Industrial Investment Opportunity

      Multi-tenant industrial complex, high NOI.
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    • $4,000,000
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      Greeley Industrial Portfolio

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    • $1,260,000
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      Greeley Industrial Condo Units

      Four renovated units, prime location.
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    • $1,260,000
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      Greeley R&D / Industrial Space

      9,003 SF R&D/Industrial space in Greeley, Colorado for sale.
      2881 South 31St Ave, Greeley, CO 80631
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    • $3,400,000
      39,069 SF

      Greeley Flex Space: Prime Location

      39,069 SF Flex Space, $3.4M
      2626 8Th Ave, Greeley, CO 80631
      View Details
    • Contact for pricing
      10,200 SF

      Greeley Industrial Space Available

      Industrial space available for sale in Greeley, Colorado.
      2424 5Th Ave, Greeley, CO 80631
      View Details

    Similar Nearby for Sale

    • $7,900,000
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      Greeley Industrial Investment Opportunity

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      113 6Th Ave, Greeley, CO 80631
      View Details
    • $4,000,000
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      Greeley Industrial Portfolio

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      617 6Th St, Greeley, CO 80631
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    • $1,260,000
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      Greeley Industrial Condo Units

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      2881 9Th St, Greeley, CO 80631
      View Details
    • $1,260,000
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      Greeley R&D / Industrial Space

      9,003 SF R&D/Industrial space in Greeley, Colorado for sale.
      2881 South 31St Ave, Greeley, CO 80631
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    • $3,400,000
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      Greeley Flex Space: Prime Location

      39,069 SF Flex Space, $3.4M
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    • $600,000
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      Greeley Industrial Property For Sale

      1,573 SF industrial property in Greeley, Colorado, updated in 2024.
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      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
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      Greeley Industrial Space Available

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    • $6 SF/Yr
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      Industrial Flex Space in Weld County

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    • $95 SF/Yr
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      Greeley Industrial Facility Lease

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    • $7 SF/Yr

      Retail/Flex Space for Lease

      Updated retail/flex space with showroom, office, and warehouse.
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    • $14 SF/Yr
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      Greeley Industrial Building Sublease Opportunity

      15,000 SF industrial building with lab and office space.
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    • $6,900,000
      15,000 SF

      Renovated Flex Building in Greeley

      Redeveloped flex building with investment upside and fenced yard.
      8750 W 20Th St, Greeley, CO 80631
      View Details
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    Garden City, CO 80631
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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