4120 Freeway RdPueblo, CO 81008

  • Commercial real estate
  • 10,532 SF
For Sale
$3,100,000 View listing

Property Details for 4120 Freeway Rd

Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.79 AC
Property size (Sq ft)
10,532 SF
Zone code
B-4
Property type
Commercial real estate
APN
513047007
APU
513047007

Description

This exceptional investment opportunity presents the Eagleridge Center, a 10,532 square foot, single-story shopping center located at 4120 N Fwy Rd, Pueblo, CO 81008. Built in 1998, this Class B, multi-tenant retail property sits on a 1.79-acre lot and is zoned B-3 Pueblo. Currently boasting 100% occupancy with three tenants, the center generates a strong Net Operating Income (NOI) of $209,271, resulting in a compelling 6.75% capitalization rate. The asking price is $3,100,000, translating to a price per square foot of $294.34. The property features a triple-net (NNN) lease structure, minimizing landlord responsibilities. Its strategic location offers excellent visibility and accessibility, benefiting from proximity to major retailers including Walmart, Home Depot, Pueblo Mall, and Sam's Club, providing a strong shadow anchor effect. This stabilized investment presents a rare opportunity to acquire a well-performing retail center in a desirable location with significant upside potential. The property's strong tenant mix and high occupancy rate make it an attractive addition to any portfolio.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,610,870
    6.5%
    $2,410,030
    7%
    $2,237,890
  • Comparable approach

    Method
    Valuation
    Relative Method
    $870,154
    Geo Method
    $870,154
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $4,827,340
    Retail / Commercial
    $2,459,280
    Mixed-Use / Specialty
    $2,437,780
    Hospitality / Lodging
    $1,771,940
    Office
    $2,410,030
    Institutional / Educational
    $2,529,760
    Residential Income
    $2,959,810
    Multifamily
    $3,620,430
    Automotive / Energy
    $2,168,360
    Parking / Income-Based Land
    $760,855
    Restaurant / Food Service
    $1,240,730
    Healthcare / Senior Housing
    $2,512,950

Location Insight

City
Pueblo
County
Pueblo
State
Colorado
Latitude
38.3107
Longitude
-104.614
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
$28,964
$166,420
$140,180
$306,600
-
$596,486
$502,429
$1,098,915

FAQs

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