129 Enterprise DrPueblo, CO 81007

Property Details for 129 Enterprise Dr

Year built

1970

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

5.00 AC

Property size (Sq ft)

76,440 SF

Zone code

I-2

Property type

Individual retail properties

APN

602411010

APU

602411010

Description

This exceptional 76,000 square foot industrial property, situated on a five-acre lot in Pueblo West, Colorado, presents a compelling investment opportunity. Located on Highway 50, the property boasts excellent visibility and convenient access. Built in 1971, the single-story building features a substantial 36,000 square foot open area, ideal for manufacturing or warehousing, equipped with a 15,000-pound bridge crane. The asking price is $4,900,000, translating to $64.47 per square foot. The property also includes a dedicated office area with multiple restrooms and sizable partitioned rooms, catering to diverse operational needs. The building features a 28-foot ceiling height and ample parking with 100 spaces. The property is zoned I-2, allowing for a range of industrial uses. An at-grade entrance is currently available, with the potential to add dock-high loading capabilities. An adjacent six-acre parcel is also available for purchase, offering potential for expansion or future development. This property offers a rare combination of size, functionality, and location, making it an attractive investment in a growing market. The APN is 602411010.

• CAP approach

  CAP return

  Valuation

  6%

  $19,336,600

  6.5%

  $17,849,200

  7%

  $16,574,200

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,568,090

  Geo Method

  $6,568,090

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $35,036,300

  Mixed-Use / Specialty

  $17,693,100

  Hospitality / Lodging

  $12,860,500

  Office

  $17,491,700

  Institutional / Educational

  $18,360,700

  Residential Income

  $21,482,000

  Multifamily

  $26,276,700

  Automotive / Energy

  $15,737,700

  Parking / Income-Based Land

  $5,522,200

  Restaurant / Food Service

  $9,005,090

  Healthcare / Senior Housing

  $18,238,700

Location Insight

City

Pueblo West

County

Pueblo

State

Colorado

Latitude

38.3353

Longitude

-104.738

CBSA code

39380

CBSA name

PUEBLO, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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