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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Retail space
908 11th Ave, Greeley, CO 80631-3822
Entity Owned
Free & Clear
Property ID
US13-0169751
Property summary
AI-generated overview
This exceptional 3,600 square foot storefront retail space, located at 908 11th Avenue in Greeley, Colorado, presents a unique investment opportunity. Built in 1944, this single-story building boasts excellent visibility and accessibility. The open floor plan is complemented by a laundry room, private restrooms, and mezzanine storage, offering versatility for a variety of retail uses. The property benefits from significant frontage on 11th Avenue, providing high exposure to the approximately 12,300 vehicles that pass daily (2023 data). Its central Greeley location places it amidst a vibrant mix of restaurants, retail shops, and lifestyle amenities, ensuring a strong customer base. Convenient on-site and street parking is available, and building signage opportunities further enhance its marketing potential. The asking price is $630,000, translating to $175 per square foot. This property is ideal for businesses seeking a prominent location with ample space and convenient features in a thriving Colorado community. The zip code is 80631.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1936
Total area
3,600 SF
Lot
0.24 ac (10,498 SF)
APN
R2822086
UPID
US13-0169751
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$520k
CAP Approach
CAP
$625k
Comparable Approach
Comparable
$551k
Blend (final)
Blend
$540k
Owner & transaction history
County Of Weld
County Of Weld
since 2025
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$660,000
+19.6%
Medical building
$600,000
+8.8%
Commercial (general)
$570,000
+2.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Greeley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greeley submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$550,000
ML approach
$520,000
CAP Approach
CAP Return
Estimation
6%
$680,000
6.5%
$625,000
7%
$580,000
Alternative Use
Use
Estimation
RETAIL STORES
$550,000
Current use
OFFICE BUILDING
$660,000
Change: +20% · Conversion: Easy
MEDICAL BUILDING
$600,000
Change: +9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$570,000
Change: +3% · Conversion: Easy
WAREHOUSE, STORAGE
$515,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$540k
Range $486k – $594k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$150 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,255
Tax year 2023
Assessed value
$174,380
Assessed 2023
Previous assessed
$174,380
+0.0% YoY
Effective rate
8.17%
On assessed value
Assessed land
$23,440
Assessed improvement
$150,940
Land market value
$84,000
Improvement market value
$541,000
Total market value
$625,000
Applied tax rate
2,689.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1936
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
3,600 SF
Lot
0.24 ac (10,498 SF)
APN
R2822086
UPID
US13-0169751
Jurisdiction
WELD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$550,000
OFFICE BUILDING
Est. value
$660,000
MEDICAL BUILDING
Est. value
$600,000
COMMERCIAL (GENERAL)
Est. value
$570,000
WAREHOUSE, STORAGE
Est. value
$515,000
RETAIL STORES Current
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1936
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
County Of Weld
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 39, WALSH, CO 81090-0039
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2025
—
County Of Weld
2985 1st Ave LLC
Special Warranty Deed
—
May 24, 2022
$625,000
2985 1st Ave LLC
Rodney R Hubbard
Special Warranty Deed
$437,500 · Bank Of Colorado
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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