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425 15th St

7,864 SF Industrial Building Greeley, CO 80631 $989,000 ($126/SF) 7% Cap Rate

Investment Highlights

  • Low maintenance concrete drive and loading area. Ten foot clearance with 13 foot of clearance in 95% of the building. Easy highway access.
  • 750 square feet of office space.

Executive Summary

Warehouse and office space available. With over 7,500 sq/ft of space this warehouse and office building is primed for a new or existing business that needs functional space. On a 1/2 acre lot this property offers a large concrete drive and loading area (very low maintenance) that spans nearly the entire property with 3 overhead bays (10'h x 12'w) for easy access to the 7,000 sq/ft of warehousing and back office space. The front office has an additional 500 sq/ft with a kitchenette and a 1/2 bath. The building is metal/steel construction with a metal gable roof and 10' of clearance at the beams with a maximum height of 13' for storage. The property has an additional 276 sq/ft of storage in the detached garage at the back of the property with 3/4 of the property fenced and gated for security and outdoor storage.

Property Facts

Price $989,000
Price Per SF $126
Sale Type Investment or Owner User
Cap Rate 7%
Sale Conditions Lease Option
Property Type Industrial
Property Subtype Showroom
Building Class C
Lot Size 0.51 AC
Rentable Building Area 7,864 SF
No. Stories 1
Year Built 1982
Tenancy Single
Parking Ratio 0.13/1,000 SF
Clear Ceiling Height 10 FT
No. Drive In / Grade-Level Doors 3

Amenities

  • Fenced Lot

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R3224386
Land Assessment
$33,430
Improvements Assessment
$200,760
Total Assessment
$234,190

zoning

Zoning Code Industrial - Low
Industrial - Low
  • Listing ID: 33401790

  • Date on Market: 10/3/2024

  • Last Updated:

  • Address: 425 15th St, Greeley, CO 80631

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