3329 Elizabeth StPueblo, CO 81008

Property Details for 3329 Elizabeth St

Lot size

2.19 AC

Zone code

B-4

Property type

Other commercial real estate

APN

513057001

APU

513057001

Description

Exceptional investment opportunity in Pueblo, Colorado, presents a 2.19-acre fully fenced industrial land parcel ideally situated off I-25 at the intersection of State Highway 50. This property, located just one block south of Kmart and easily accessible from North Elizabeth Street, boasts a compelling financial profile. Currently leased, generating $36,000 in annual rental revenue and an estimated net operating income (NOI) of $32,200, representing a 7% capitalization rate. The asking price is $460,000, translating to $4.82 per square foot. The lease expires on October 31, 2023, offering immediate income potential and future development possibilities. This prime location provides excellent visibility and convenient access to major transportation arteries, making it an attractive proposition for investors seeking strong returns and long-term growth potential in a thriving industrial market. The property's annual rent bumps ensure consistent income growth. This is a rare opportunity to acquire a high-performing industrial land asset in a strategic location. Don't miss out on this exceptional investment opportunity.

Location Insight

City

Pueblo

County

Pueblo

State

Colorado

Latitude

38.3044

Longitude

-104.617

CBSA code

39380

CBSA name

PUEBLO, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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