748 Industrial BlvdPueblo, CO 81007

Property Details for 748 Industrial Blvd

Year built

2003

Construction

STEEL FRAME

Lot size

0.46 AC

Property size (Sq ft)

4,518 SF

Zone code

I-2

Property type

Individual retail properties

APN

506013003

APU

506013003

Description

This exceptional 16,193 square foot retail facility, situated on a 0.46-acre lot at 748 E Industrial Boulevard in Pueblo, Colorado, presents a unique investment opportunity. The property boasts a fully operational, state-of-the-art cultivation and retail setup, complete with four large cultivation rooms. Each room is equipped with advanced technology including Botanicare irrigation trays, water tanks, and Phantom Photobio 680W LED lights (2022 purchase). Precise environmental control is maintained via iPonic 600 Link 4 Environmental Controllers, Ideal-Air dehumidifiers, Hurricane wall-mount fans, and an Airoclean 420 air purification system. Security is paramount with six Fort Knox safes and a Fort Knox walk-in safe included. The property also features well-appointed office and conference spaces, a functional kitchen equipped with a Southbend commercial range and a Delfield commercial-grade refrigerator, plus supplementary equipment such as stainless steel worktables and stonewool grow blocks. A reverse osmosis water treatment system ensures optimal water quality. Exterior features include 29 parking spaces, 324 feet of frontage on E Industrial Blvd, and a highly visible 30-foot illuminated sign. Recent upgrades to lighting, HVAC systems, and security systems ensure a truly turnkey operation. Active RMC and OPC licenses are included, making this a rare opportunity for immediate operation. The asking price is $5,850,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,142,890

  6.5%

  $1,054,980

  7%

  $979,622

• Comparable approach

  Method

  Valuation

  Relative Method

  $388,208

  Geo Method

  $388,208

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,070,830

  Mixed-Use / Specialty

  $1,045,750

  Hospitality / Lodging

  $760,125

  Office

  $1,033,850

  Institutional / Educational

  $1,085,210

  Residential Income

  $1,269,700

  Multifamily

  $1,553,090

  Automotive / Energy

  $930,180

  Parking / Income-Based Land

  $326,390

  Restaurant / Food Service

  $532,248

  Healthcare / Senior Housing

  $1,078,000

Location Insight

City

Pueblo West

County

Pueblo

State

Colorado

Latitude

38.3319

Longitude

-104.71

CBSA code

39380

CBSA name

PUEBLO, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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