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Multi-Building Flex Campus with A-2 Zoning
For Sale
$845,000

302 Meade Ave, Pueblo, CO 81001

COMMERCIAL - Pueblo, CO

Property Size10,000 SF
Lot Size5.15 Acres
Price / SF$84.50
Days on Market23

Property Features for 302 Meade Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning A-2
Parking features Paved or Surfaced
Fencing Fenced
Subdivision Eastside
Lot features Interior Lot
Elementary school 60
Middle school 60
High school 60
Standard status Active
APN 0433010002
Size 10,000 SF
Lot size 5.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 3 LESS E 40 FT BLK 3 MEADOW GARDENS
Tax Annual Amount 2318
Legal Description LOT 3 LESS E 40 FT BLK 3 MEADOW GARDENS

Utilities

Sewer type Septic Tank
Heating system Wood, Floor Furnace, Natural Gas, Forced Air, Electric (Heating)
Cooling system Central Air, Ceiling Fan(s)
Water source Well

Building Details

Year built 1957
Floors in Building 1
Roof type Metal
Listing Agency: HomeSmart Preferred Realty · HomeSmart International
Listed By: Caroline Bourgeault · License #FA100091514
Added: Jul 8 Changed: Jul 30 Last Checked: Jul 30 at 11:06PM
MLS# 238557

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 flex campus at 302 Meade Ave includes 5.15 acres with more than 10,000 SF of existing structures and extensive yard area. Improvements include warehouse space divided into three bays, additional metal buildings, and open storage barns. The site is supported by large roll-up doors, high electrical capacity, and multiple meters to accommodate a variety of operational needs.

Access is designed for active use, with two secure gated entrances for trucks, equipment, or storage operations. The property is fenced and includes paved or surfaced parking. Utilities and services include well water and a septic tank, with metal roofing.

With A-2 zoning, the property supports a wide range of uses, including contractor operations, equipment yards, RV and boat storage, agricultural processing, and greenhouse operations, along with owner-operator business campus setups. A 3-bedroom ranch residence is included for the option to live on site, and concept plans are in place for 120+ outdoor storage spaces with warehouse conversion to indoor climate-controlled storage.

Key Highlights

  • 5.15‑acre multi‑building flex campus with over 10,000 SF of existing structures
  • Warehouse space divided into three bays plus additional metal buildings and open storage barns
  • A‑2 zoning supports a wide range of operational uses including equipment yards and storage

Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $69.6k $6.96
− Vacancy −$1.8k −$0.18
EGI $67.8k $6.78
− OpEx −$20.3k −$2.03
NOI $47.5k $4.75
10,000 SF · lease $6.96/SF/yr · vacancy 2.60% · expense 30.00%

Alternative Uses

Best Use
Industrial
$677.9K
$593.2K – $790.9K (±1% cap)
NOI $47,453 @ 7.0% cap · market cap 5.62%
Second Best
Flex RnD
$629.5K
$550.8K – $734.4K (±1% cap)
NOI $44,064 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$2.08M
$1.82M – $2.43M (±1% cap)
NOI $145,866 @ 7.0% cap · market cap 17.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Law Firm Garden Center HVAC Service Big Box & Wholesale Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby
Well-served
Demand for This Use

Demographics for 81001, CO

31,107
Population
13,651
Households
2.3
Avg Household Size
37
Median Age
21%
College-Educated
88%
High-School Grad
32.0 sq mi
ZIP Area
972
Density / Sq Mi
$47,086
Median Household Income
$35,204
Median Earnings
$1,027
Median Rent
$208,400
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Flex campus with A-2 zoning, fenced yard, gated truck access, and existing warehouse and metal buildings for flexible operations.
Where is this flex space located?
The property is located at 302 Meade Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $845,000.
What are key features of this property?
This property features: 5.15‑acre multi‑building flex campus with over 10,000 SF of existing structures; Warehouse space divided into three bays plus additional metal buildings and open storage barns; A‑2 zoning supports a wide range of operational uses including equipment yards and storage
More about this property
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