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    21577 Hwy 50 Rocky Ford, CO 81067

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    Claim this Listing
    For Sale
    $650,000

    COMMERCIAL - Rocky Ford, CO

    Property size:
    11,200 SF
    Lot size:
    2.39 Acres
    Added:
    Feb 23, 2026
    Days on Market:
    52
    Last Refresh:
    Apr 16 at 1:06 am

    Property Features for 21577 Hwy 50

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C-2
    Standard status
    Active
    APN
    444321000022
    Size
    11,200 SF
    Lot size
    2.39 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    A part of the NW1/4NE1/4 of Sec. 21, Twp. 23 S., Rg. 56 W. of the 6th P.M., more particularly described as follows: Commencing at the Northwest corner of the NE1/4 of said Sec. 21; thence S.042'30"W.
    Tax Annual Amount
    2528

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1963
    Roof type
    Metal

    We can help!

    Listing Contact
    Chad Penner

    Listing agent Chad Penner

    Listing office The Hancock Group CO

    Listing date Feb 23, 2026

    MLS# 237186

    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.

    Overview

    Highway 50 Commercial Building

    This 11,200 square foot commercial building is located on Highway 50 just outside of Rocky Ford, Colorado. The property, situated on 2.385 acres, benefits from ample parking. Previously a bowling alley, the building is currently used as a welding business. It features 3-phase 400 amp electrical service. The main workshop includes a 10-foot tall and 12-foot wide overhead door. The building is fully insulated and includes a break room and two bathrooms. There are two electrical meters aside from the main electric to the building, one on the east side and one on the west side. The property also has two septic tanks. Out back are sheds, including one corrugated metal shed with electricity and a concrete floor. The zoning is C-2. There is precedent for residential use on the property, as the former bowling alley owners lived on site in a single-wide trailer. Building a home on the property may also be an option with county approval. Welding business tools and equipment are available for purchase separately from the real estate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Big Box & Wholesale Store Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Rubens Body Shop & Auto Repair — 1001 swink ave, rocky ford, co 81067
    • Rocky Ford Discount Tire — 1601 Elm Ave, Rocky Ford, CO 81067
    • Ruben's Body Shop & Towing — 1001 swink ave, rocky ford, co 81067
    • Ruben's Body Shop — 1001 Swink Ave, Rocky Ford, CO 81067
    • Steir Fuel & Oil — 100 S 12th St, Rocky Ford, CO 81067

    Location Insight

    • Map
    • Local Demand
    City
    Rocky Ford
    County
    Otero
    State
    Colorado
    Longitude
    -103.6814608
    Latitude
    38.0383735

    Nearby Similar for Sale

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      Turn-Key Restaurant and Bar Opportunity

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      405 Elm Ave, Rocky Ford, CO 81067
      View Details
    • $320,000
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      Established Clothing Store Opportunity

      Profitable clothing store with 50+ year history in Rocky Ford.
      311 Main St, Rocky Ford, CO 81067
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    • $175,000
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      Mixed-Use Property in Rocky Ford

      Remodeled commercial building with attached updated residential home.
      211 Elm Ave, Rocky Ford, CO 81067
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    • $1,500,000
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      Rocky Ford Industrial Opportunity

      5.3 acre industrial property with rail spur and city utilities.
      20094 US Highway 50, Rocky Ford, CO 81067
      View Details

    FAQs

    What type of property is this?
    Auto shop - 11,200 SF commercial building on Highway 50.
    Where is this auto shop located?
    The property is located at 21577 Hwy 50 Rocky Ford, CO.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 11,200 sq ft building on Highway 50 with ample parking.; Heavy power capabilities with 3 phase 400 amp electrical service and two additional electrical meters.; Equipped for business operations with a break room, two bathrooms, and a 10' x 12' overhead door.
    (719) 469-0506
    We can help!
    Listing Contact
    Chad Penner
    Learn More
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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
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