Property profile

825 31st St Evans, CO 80620

OFF-MARKET
Retail space
Property ID
US13-2688287
7,772 SF 0.53 ac lot Built 2001
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 7,772 square foot storefront retail property, located at 825 31st St, Evans, CO 80620, presents a unique owner-user investment opportunity. Built in 2001, this single-story building sits on a 0.53-acre lot and is zoned 85-RC-R. Previously occupied by a Family Dollar, the property is currently vacant, with an occupancy date of July 22, 2024. The asking price is $1,550,000, translating to $199.43 per square foot. A significant advantage is the inclusion of income-producing mineral rights, adding a passive income stream to this already attractive investment. The property benefits from its strategic location off US Highway 85 and its adjacency to a new Maverik gas station, ensuring high visibility and accessibility. The Greeley MSA's status as one of the nation's fastest-growing markets further enhances the property's long-term potential. This turnkey opportunity includes existing fixtures, fittings, and equipment (FF&E), minimizing upfront investment and allowing for a swift transition to operation. The property's size and location make it ideal for a variety of retail uses, capitalizing on the area's robust growth and strong consumer base. Don't miss this chance to acquire a high-value, income-generating asset in a thriving Colorado market.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2001
Total area 7,772 SF
Lot 0.53 ac (23,087 SF)
APN R0847501
UPID US13-2688287

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

825 31st St Evans, CO 80620-1506
Evans metro Census 1004 GREELEY, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.35M
Comparable Approach Comparable
$1.53M
Blend (final) Blend
$315k

Owner & transaction history

since 2017
6 recorded transactions
2026
Price N/A
2020
Price N/A
2017
Price N/A
2017
$735,000
2013
Price N/A
2005
$842,000

Zoning & alternative use

Top alternative use upside
Restaurant $1.5M +11.5%
Office building $1.4M +6.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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