748 Industrial BlvdPueblo, CO 81007

  • Retail properties
  • 4,518 SF
For Sale
$5,850,000 View listing

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
Retail properties
Property subtype
Other 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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,452,714
    6.5%
    $1,340,967
    7%
    $1,245,184
  • Comparable approach

    Method
    Valuation
    Relative Method
    $940,658
    Geo Method
    $940,658
  • Alternative Use

    Use
    Valuation
    Residential
    $1,131,156
    Hospitality
    $1,036,133
    Educational
    $862,050
    Medical
    $891,698
    Retail
    $1,340,967
748 Industrial Blvd, Pueblo, Colorado

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

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
$17,058
$19,560
$158,960
$178,520
-
$70,108
$569,773
$639,881

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].