Retail Space with Open
For Sale
$2,800,000
1415 W US Hwy 50, Pueblo, CO 81008
Commercial Sale, Pueblo, CO
Property Size11,896 SF
Lot Size1.25 Acres
Price / SF$235.37
Days on Market153
Property Features for 1415 W US Hwy 50
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-3
Security features
Security System
Subdivision
Northridge/Eagleridge
Lot features
Interior Lot
Elementary school
60
Middle school
60
High school
60
Standard status
Active
APN
5130058002
Size
11,896 SF
Lot size
1.25 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 2 EAGLE HARDWARE SUB #4 (CONTG 1.253A) FORMERLY 05-130-56-001
Tax Annual Amount
32968
Legal Description
LOT 2 EAGLE HARDWARE SUB #4 (CONTG 1.253A) FORMERLY 05-130-56-001
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1999
Floors in Building
1
Listing Agency:
RE/MAX Of Pueblo Inc · RE/MAX International
(719) 546-1717
Listed By:
The Greg Hahn Sales Team
(719) 585-8747
Added: Apr 15
Changed: Sep 4
Last Checked: Sep 14 at 5:06AM
MLS# 230589
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 B-3-zoned retail property includes 11,896 square feet of space on a 1.253-acre parcel. The building was constructed in 1999 and features an open interior layout suited to the existing liquor store operation, with the configuration also offering flexibility for a different retail concept. The sale excludes inventory designated for sale.
Building systems include forced-air heating fueled by natural gas and central air conditioning. The property is served by public water and public sewer, providing established utility connections for the existing commercial improvements.
Building systems include forced-air heating fueled by natural gas and central air conditioning. The property is served by public water and public sewer, providing established utility connections for the existing commercial improvements.
Key Highlights
- 11,896‑square‑foot retail building on 1.253 acres
- B‑3 zoning
- Open interior layout currently used as a liquor store
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
$109,539
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
3.91%
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%
$2,190,780
$2.2M
Cap Rate 7%
$1,564,843
$1.6M
Cap Rate 9%
$1,217,100
$1.2M
Market Conditions
NOI Build-Up for 11,896 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
$165.6K $13.92/SF
− Vacancy
−$9.1K −$0.77/SF
EGI
$156.5K $13.15/SF
− OpEx
−$46.9K −$3.95/SF
NOI
$109.5K $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%
$2,190,780
Cap Rate 7%
$1,564,843
Cap Rate 9%
$1,217,100
Alternative Uses
Best Use
Retail
$1.56M
$1.37M – $1.83M
NOI $109,539 @ 7.0% cap · market cap 3.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.48M
$2.17M – $2.89M
NOI $173,522 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
865
Businesses Nearby
Explore this area
Business Placement
Demographics for 81008, CO
11,868
Population
5,302
Households
2.2
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
102.2 sq mi
ZIP Area
116
Density / Sq Mi
$68,389
Median Household Income
$45,445
Median Earnings
$1,396
Median Rent
$280,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Retail space - B-3-zoned retail property with an existing liquor store use and flexibility for future repositioning.
Where is this retail space located?
The property is located at 1415 W US Hwy 50 Pueblo, CO.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 11,896‑square‑foot retail building on 1.253 acres; B‑3 zoning; Open interior layout currently used as a liquor store
