2900 F St Greeley, CO 80631
- Office buildings
- 5,453 SF
- 5.41 lot acres
Current Use by Public Records
- Tcc Corporation / Construction Company / General Contractor
- Titan Solutions LLC / Factory / Production Facility
Property Details for 2900 F St
- Year built
- 1984
- Lot size
- 5.41 lot acres
- Property size
- 5,453 SF
- Property type
- Office buildings
- APN
- R5233308
- APU
- R5233308
Description
This exceptional 10,758 square foot commercial property in Greeley, Colorado presents a lucrative investment opportunity. Situated on a generous 5.42-acre lot, this property boasts a versatile layout ideal for a variety of industrial uses. The zoning designation is I-M, allowing for flexibility in future development or tenant occupancy. The property includes a substantial 5,305 square foot warehouse, equipped with radiant heat, water, and sewer lines. Ample outdoor space is available, with over 3.5 acres dedicated to parking and storage, providing significant operational advantages. The accompanying 5,453 square foot office building offers a spacious and functional workspace. This building features a large conference room with the potential for division, creating additional flexibility, and a total of fourteen individual office spaces. The dual entrances allow for the possibility of dividing the office space into two independent units, catering to multiple tenants or internal departmental separation. This property is currently occupied by a tenant, offering immediate cash flow potential. The combination of warehouse space, extensive office accommodations, and ample outdoor area makes this a highly desirable and versatile commercial property. The asking price is $2,150,000.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,235,000
- 6.5%
- $1,140,000
- 7%
- $1,060,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,268,000
- AI Estimate
- $923,000
Market price range: $670k - $1.27MMarket price range: $225k - $924k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,000,000 Current use
- RESTAURANT
- $1,045,000 Change: +4% Conversion: Moderate
- MEDICAL BUILDING
- $910,000 Change: -9% Conversion: Easy
- COMMERCIAL (GENERAL)
- $860,000 Change: -14% Conversion: Easy
- RETAIL STORES
- $835,000 Change: -16% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Greeley
- County
- Weld
- State
- Colorado
- Longitude
- -104.727
- Latitude
- 40.4407
- CBSA code
- 24540
- CBSA name
- GREELEY, CO METROPOLITAN STATISTICAL AREA