3050 67Th Ave, Greeley, CO 80634
- Office buildings
- 20,486 SF
- 0.32 lot acres
Current Use by Public Records
- M 5 Consulting / Financial Advisor
- Alex Pedro Homes at Keller Williams / Real Estate Agency
- Jazzercise Greeley Fitness Center / Gym & Fitness Center
- Nancy Lohr, AGPROfessionals, LLC / Real Estate Agency
- CDL School True Safety / Vocational School
Property Details for 3050 67Th Ave
- Year built
- 2005
- Lot size
- 0.32 lot acres
- Property type
- Office buildings
- APN
- R6778547
- APU
- R6778547
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 21, 2021 | $5,260,000 | Mayhew LLC | 67th Avenue LLC | Special Warranty Deed | $3.9M · Firstbank |
| Jan 10, 2017 | $2,700,000 | 67th Avenue LLC | Ag Resource Holdings LLC | Trustees Deed | $1.9M · First Nat'l Bk/syracuse |
| Jan 10, 2017 | — | Wolfram Von Carlowitz | Ag Resource Holdings LLC | Quit Claim Deed · related | — |
| Sep 30, 2013 | $1,850,000 | Ag Resource Holdings LLC | Mile High Banks | Special Warranty Deed | $1.7M · Wells Fargo Bank NA |
| Dec 30, 2010 | — | Town Sq Owners As St. Michaels | Mile High Bks | Quit Claim Deed · related | — |
| Sep 21, 2009 | — | Mile High Bk NA | Ashcroft Draw LLC | Deed In Lieu Of Foreclosure · related | — |
| Feb 4, 2008 | — | Ashcroft Draw LLC | — | Deed Of Trust · related | $5.9M · Mile High Bank NA |
| — | — | Ashcroft Draw LLC | — | Deed Of Trust · related | $18.7M · Bank Of Choice W Greeley |
| — | — | Mile High Dairy LLC | — | Deed Of Trust · related | $7.1M · Great Western Bank |
Description
This exceptional two-story office building, constructed in 2005, offers a total of 20,267 square feet of versatile space, currently featuring 5,275 square feet available for lease. Located in the thriving St. Michaels development in west Greeley, Colorado, this Class B property benefits from its strategic position near the intersection of US Highway 34 and 65th Avenue. The building's multi-tenant configuration provides a dynamic and collaborative environment, ideal for coworking spaces and executive offices. The property's prime location is significantly enhanced by the proximity of the substantial UCHealth campus, including a 212,000 square foot hospital with 91 beds and an adjacent medical office building. This major healthcare presence fuels significant demand for commercial real estate in the area, promising strong rental growth potential. The building consists of one structure with a total of 1,846 square feet currently available for lease. This presents a unique opportunity to establish a presence in a rapidly expanding commercial center, benefiting from the substantial economic activity generated by the nearby UCHealth facilities. The available space is perfect for businesses seeking modern, efficient, and well-located office solutions.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $5,315,000
- ML approach
- $5,015,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,645,000
- 6.5%
- $4,290,000
- 7%
- $3,980,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,606,000
- AI Estimate
- $3,487,000
Market price range: $2.57M - $4.77MMarket price range: $1.37M - $4.84M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $3,775,000 Current use
- AUTO REPAIR, GARAGE
- $7,380,000 Change: +96% Conversion: Difficult
- RETAIL STORES
- $4,230,000 Change: +12% Conversion: Moderate
- RESTAURANT
- $3,915,000 Change: +4% Conversion: Moderate
- MEDICAL BUILDING
- $3,420,000 Change: -9% Conversion: Easy
- COMMERCIAL (GENERAL)
- $3,235,000 Change: -14% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Greeley
- County
- Weld
- State
- Colorado
- Longitude
- -104.786
- Latitude
- 40.3879
- CBSA code
- 24540
- CBSA name
- GREELEY, CO METROPOLITAN STATISTICAL AREA
