Auto Shop with
For Sale
$194,900
117 W 13th St, Pueblo, CO 81003
Commercial Sale, Pueblo, CO
Property Size952 SF
Price / SF$204.73
Days on Market81
Property Features for 117 W 13th St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-4
Subdivision
Union Historical
Elementary school
60
Middle school
60
High school
60
Standard status
Active
APN
0525414008
Size
952 SF
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 15 BLK 7 COUNTY ADD
Tax Annual Amount
250
Legal Description
LOT 15 BLK 7 COUNTY ADD
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Space Heater
Cooling system
Evaporative Cooling
Water source
Public
Building Details
Year built
1987
Listing Agency:
Rocky Mountain Realty
(719) 569-7276
Listed By:
Shawn Martinez · License #FA40004934
(719) 240-2502
Added: Jun 16
Changed: Aug 21
Last Checked: Sep 4 at 11:06PM
MLS# 232263
Copyright © 2026 Pueblo Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 952-square-foot auto shop includes garage space and was built in 1987. The property is heated with natural gas and a space heater, with evaporative cooling for warmer conditions.
Located in Pueblo, the property carries B-4 zoning and is served by public water and public sewer. The compact building offers a straightforward commercial footprint for an automotive-related operation, subject to applicable zoning and approvals.
Located in Pueblo, the property carries B-4 zoning and is served by public water and public sewer. The compact building offers a straightforward commercial footprint for an automotive-related operation, subject to applicable zoning and approvals.
Key Highlights
- 952‑square‑foot auto shop with garage space
- B‑4 zoning
- Built in 1987
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$8,766
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$175,320
$175.3K
Cap Rate 7%
$125,229
$125.2K
Cap Rate 9%
$97,400
$97.4K
Market Conditions
NOI Build-Up for 952 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$13.3K $13.92/SF
− Vacancy
−$729 −$0.77/SF
EGI
$12.5K $13.15/SF
− OpEx
−$3.8K −$3.95/SF
NOI
$8.8K $9.21/SF
Area
Pueblo, CO
Vacancy
5.50%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$175,320
Cap Rate 7%
$125,229
Cap Rate 9%
$97,400
Alternative Uses
Best Use
Retail
$125.2K
$109.6K – $146.1K
NOI $8,766 @ 7.0% cap · market cap 4.50%
Second Best
Industrial
$64.5K
$56.5K – $75.3K
NOI $4,518 @ 7.0% cap · market cap 2.32%
Theoretical Best
Office A
$198.4K
$173.6K – $231.4K
NOI $13,886 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,566
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81003, CO
15,169
Population
6,233
Households
2.4
Avg Household Size
38
Median Age
18%
College-Educated
80%
High-School Grad
12.2 sq mi
ZIP Area
1,243
Density / Sq Mi
$43,750
Median Household Income
$33,941
Median Earnings
$847
Median Rent
$178,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Troy Vujcich Certified Auto — 824 w 4th st, pueblo, co 81003
- Pueblo Imports — 823 W 4th St, Pueblo, CO 81003
- Midtown Alignment & Brake Center — 500 Midtown Cir Dr, Pueblo, CO 81003
- Troy's Certified Automotive Inc. — 824 W 4th St, Pueblo, CO 81003
- Ellis's Classic VW Works — 417 W 5th St, Pueblo, CO 81003
Frequently Asked Questions
What type of property is this?
Auto shop - Compact commercial garage with B-4 zoning and public water and sewer service.
Where is this auto shop located?
The property is located at 117 W 13th St Pueblo, CO.
What is the asking price?
The asking price for this property is $194,900.
What are key features of this property?
This property features: 952‑square‑foot auto shop with garage space; B‑4 zoning; Built in 1987
