918 37Th St Evans, CO 80620
Property profile & analytics
918 37Th St, Evans, CO 80620
- Retail space
- 7,858 SF
- 0.32 lot acres
Property ID
US13-0735238
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.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 918 37Th St
- Year built
- 1947
- Lot size
- 0.32 lot acres
- Property type
- Retail space
- APN
- R3950786
- APU
- R3950786
Description
This exceptional 7,858-square-foot retail storefront, located at 918 37th St in Evans, Colorado, presents a remarkable investment opportunity. The property boasts a prime location, situated on a 0.32-acre corner lot at the signalized intersection of Highway 85 and 37th Street, ensuring high visibility and accessibility. Built in 1947, this Class B building features concrete block construction, abundant windows, and ample signage opportunities. The property includes a 4,828-square-foot warehouse (built 1930) and an 817-square-foot detached residence, adding versatility and potential for expansion. The large, open-space design is adaptable to a wide range of uses, including retail establishments, recreational facilities, personal services, or even a studio space. The property also offers 30 parking spaces and is fully fenced, providing security and convenience. Its zoning (US 85 Retail-Commercial-Neighborhood) allows for diverse commercial applications. With easy access to major highways and a high-traffic location, this property is poised for significant success. The asking price is $895,000, translating to $113.90 per square foot. This is a rare opportunity to acquire a substantial commercial property in a thriving Colorado community. The property is currently vacant, allowing for immediate occupancy and customization to suit your specific business needs.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,480,000
- 6.5%
- $1,365,000
- 7%
- $1,270,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,152,000
- AI Estimate
- $778,000
Market price range: $816k - $1.80MMarket price range: $318k - $1.29M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,305,000 Current use
- RESTAURANT
- $1,500,000 Change: +15% Conversion: Easy
- OFFICE BUILDING
- $1,440,000 Change: +11% Conversion: Easy
- MEDICAL BUILDING
- $1,310,000 Change: +1% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,240,000 Change: -5% Conversion: Easy
- WAREHOUSE, STORAGE
- $1,150,000 Change: -12% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Evans
- County
- Weld
- State
- Colorado
- Longitude
- -104.693
- Latitude
- 40.3771
- CBSA code
- 24540
- CBSA name
- GREELEY, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$19,762
$16,520
$218,690
$235,210
-
$83,778
$973,909
$1,057,687
