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1015 3rd Ave - Safe & Secure Self Storage Greeley 11,450 SF Specialty Building Offered at $950,000 at a 9.12% Cap Rate in Greeley, CO 80631
INVESTMENT HIGHLIGHTS
- Price Reduction - $950,000 - Motivated Seller
EXECUTIVE SUMMARY
Design Highlights
Price: $950,000
Currrent NOI: $86,664
CAP Rate - 9.12%
Current Occupancy 60%
Rentable Units: 80
Office/Shop SF: 1,850 SF
Units SF: 9,600
Lot Size: 1.86 Acres
2025 Property Taxes: Est. $1,846
Pro-Forma Occupancy: 80%
Pro Forma NOI: $103,996
Pro Forma CAP Rate: 9.44%
Property Overview
Positioned in one of Northern Colorado’s fastest-growing regions, this selfstorage complex in Northeast Greeley offers a prime value-add investment opportunity backed by strong market fundamentals. In addition to benefiting from ongoing residential and commercial expansion, the property presents upside potential through increased occupancy, rent growth, and the addition of 40 to 60 portable storage units in areas currently used for outdoor storage. Combined with a limited market presence that could be strategically expanded, and rising demand driven by new housing, growing small business activity, and steady population
Location Overview
Located in Northwest Greeley near Highway 85, this site is positioned to capture growing demand driven by nearby residential development and industrial growth. With strong regional momentum, the property offers long-term income potential and scalability for both residential and commercial storage needs.
Price: $950,000
Currrent NOI: $86,664
CAP Rate - 9.12%
Current Occupancy 60%
Rentable Units: 80
Office/Shop SF: 1,850 SF
Units SF: 9,600
Lot Size: 1.86 Acres
2025 Property Taxes: Est. $1,846
Pro-Forma Occupancy: 80%
Pro Forma NOI: $103,996
Pro Forma CAP Rate: 9.44%
Property Overview
Positioned in one of Northern Colorado’s fastest-growing regions, this selfstorage complex in Northeast Greeley offers a prime value-add investment opportunity backed by strong market fundamentals. In addition to benefiting from ongoing residential and commercial expansion, the property presents upside potential through increased occupancy, rent growth, and the addition of 40 to 60 portable storage units in areas currently used for outdoor storage. Combined with a limited market presence that could be strategically expanded, and rising demand driven by new housing, growing small business activity, and steady population
Location Overview
Located in Northwest Greeley near Highway 85, this site is positioned to capture growing demand driven by nearby residential development and industrial growth. With strong regional momentum, the property offers long-term income potential and scalability for both residential and commercial storage needs.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $950,000 | Building Class | C |
| Price Per SF | $82.97 | Lot Size | 2.87 AC |
| Sale Type | Investment | Building Size | 11,450 SF |
| Cap Rate | 9.12% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2000 |
| Property Subtype | Self-Storage | Opportunity Zone |
Yes
|
| Zoning | Industrial Medium | ||
| Price | $950,000 |
| Price Per SF | $82.97 |
| Sale Type | Investment |
| Cap Rate | 9.12% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 2.87 AC |
| Building Size | 11,450 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Opportunity Zone |
Yes |
| Zoning | Industrial Medium |
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | R8954357 | Improvements Assessment | $384,180 |
| Land Assessment | $144,880 | Total Assessment | $529,060 |
PROPERTY TAXES
Parcel Number
R8954357
Land Assessment
$144,880
Improvements Assessment
$384,180
Total Assessment
$529,060
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1015 3rd Ave - Safe & Secure Self Storage Greeley
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