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    1840 Pope Vly Rnch Rd Beulah, CO 81023

    Sponsored
    For Sale
    $961,000

    COMMERCIAL - Beulah, CO

    Property size:
    7,880 SF
    Lot size:
    25.10 Acres
    Days on Market:
    18
    Last Refresh:
    Jan 24 at 10:06 am

    Property Features for 1840 Pope Vly Rnch Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    C
    APN
    1800011006
    Fencing
    Fenced
    Size
    7,880 SF
    Lot size
    25.10 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Solar (Heating), Propane (Heating), Forced Air
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    2018
    Floors in Building
    1
    Roof type
    Metal

    We can help!

    Listing Contact
    Robert S. Banning

    HomeSmart Preferred Realty (719) 582-1046

    Listing agent Robert Banning (719) 281-5331

    Listing date Jan 7, 2026

    MLS# 236348

    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.

    Learn more

    Property Insight Report

    Overview

    Beulah Commercial Property with Grow Potential

    This commercial property, located west of Pueblo, Colorado, is situated within the Pope Valley Ranch HOA. The property is registered for cannabis growing and includes five buildings. Building #1 measures 82x62 feet, providing 5084 square feet of indoor growing space with radiant heated floors and drains in three large flowering rooms, one large vegetation room, and one dry room. It also features an area for cleaning flower with a rolling door, an incoming room for workers, and 1.5 bathrooms. Buildings #2 and #3 consist of a 64x132 foot Conley Greenhouse split in half, equipped with an auto wet wall, weather station with computer-controlled plant feeding, a blackout system, propane heaters, and rolling tables. One section has electrical for 48 lights for indoor growing, while the other can dry up to 8000 lbs of flower. A small 60x132 foot plot next to the greenhouse is available for outdoor growing. Building #4 is a 32x168 foot Conley Greenhouse with outdoor growing space on each side and fully automated irrigation systems. There is also a 60,000 square foot lot with a greenhouse roof housing 3600 plants, fully irrigated with an auto drip system, an 8x40 foot container, and an overhead roof for the feeding tank. Building #5 is a 1680 square foot house with three bedrooms and 1.5 bathrooms (one handicap accessible), suitable for use as a house or office, and includes a commercial handicap ramp. The property also features a 10,000-gallon cistern, a 55,000-gallon tank for water, and special 7.5-foot tall aluminum fencing around 5+ acres. The lot size is 25.1 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cannabis farms

    Map

    City
    Beulah
    County
    Pueblo
    State
    Colorado
    Longitude
    -104.9637591
    Latitude
    38.223928

    Nearby Similar for Sale

    • $961,000
      35.10 Acres

      Beulah Commercial Cannabis Growing Property

      Commercial property registered for cannabis growing with multiple buildings.
      1840 Pope Vly Rnch Rd, Beulah, CO 81203
      View Details
    • $450,000
      35.00 Acres

      Prime Beulah Agribusiness Opportunity

      35-Acre Farm, Two Buildings, Turnkey Operation
      1905 Pope Vly Rnch Rd, Beulah, CO 81023
      View Details

    FAQs

    What type of property is this?
    Cannabis farm - Commercial property registered for cannabis growing with multiple buildings.
    Where is this cannabis farm located?
    The property is located at 1840 Pope Vly Rnch Rd Beulah, CO.
    What is the asking price?
    The asking price for this property is $961,000.
    What are key features of this property?
    This property features: - Registered for cannabis growing with extensive infrastructure including indoor and outdoor cultivation spaces.; - **Building #1: 5,084 sq ft indoor growing facility with radiant heated floors**, specialized rooms, and worker amenities.; - **Two Conley Greenhouses with automated systems**: climate control, auto wet wall, weather station, computer-controlled plant feeding, blackout system, and rolling tables.
    (719) 281-5331
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1840 Pope Vly Rnch Rd Beulah, CO 81023
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    We can help!
    Listing Contact
    Robert S. Banning
    (719) 281-5331
    Learn more
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