48 Electronic DrPueblo West, CO 81007

  • Warehouses
  • 720 SF
For Sale
$645,000 View listing

Property Details for 48 Electronic Dr

Year built
1984
Construction
STEEL FRAME
Lot size
1.00 AC
Property size (Sq ft)
720 SF
Zone code
I-2
Property type
Warehouses
Property subtype
Self storage facilities
APN
507005013
APU
507005013

Description

This exceptional investment opportunity presents a multi-tenant industrial property located at 48 N Electronic Dr, Pueblo West, CO 81007. The property consists of two buildings totaling 6,720 square feet situated on a one-acre lot fully fenced for enhanced security. The main building offers 6,000 square feet of versatile space, ideal for manufacturing or warehousing, while a separate 720-square-foot detached garage/shop is currently tenant-occupied. Built in 1983, the property features a 20-foot ceiling height and is zoned I2. The current lease arrangement generates a strong net operating income (NOI) of $48,333, resulting in an attractive 7.49% capitalization rate. The asking price is $645,000, translating to $95.98 per square foot. This single-story property offers a compelling combination of income generation and potential for future appreciation, making it an ideal addition to any investment portfolio. The property's location within the Pueblo West Industrial Park provides excellent access to transportation and infrastructure. This is a rare opportunity to acquire a well-maintained, income-producing industrial property in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $357,513
    6.5%
    $330,012
    7%
    $306,440
  • Comparable approach

    Method
    Valuation
    Relative Method
    $95,178.20
    Geo Method
    $95,178.20
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $168,124
    Mixed-Use / Specialty
    $166,654
    Hospitality / Lodging
    $121,135
    Office
    $164,757
    Institutional / Educational
    $172,942
    Residential Income
    $202,342
    Multifamily
    $247,504
    Automotive / Energy
    $148,236
    Parking / Income-Based Land
    $52,014.40
    Restaurant / Food Service
    $84,820.30
    Healthcare / Senior Housing
    $171,793

Location Insight

City
Pueblo West
County
Pueblo
State
Colorado
Latitude
38.3281
Longitude
-104.705
CBSA code
39380
CBSA name
PUEBLO, 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
$3,610
$18,230
$26,130
$44,360
-
$65,340
$93,642
$158,982

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