Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Commercial Lot in Pueblo West Title is generated by Realmo AI

    349 S Joe Martinez Blvd, Pueblo West, CO 81007

    View on Map
    Claim this Listing
    For Sale
    $38,000

    COMMERCIAL - Pueblo West, CO

    Lot size:
    0.29 Acres
    Added:
    Aug 14, 2025
    Days on Market:
    291
    Last Refresh:
    May 31 at 7:06 am

    Property Features for 349 S Joe Martinez Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    B-4
    Standard status
    Active
    APN
    0611411008
    Lot size
    0.29 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    LOT 6 BLK 8 TR 332 PUEBLO WEST
    Tax Annual Amount
    293

    We can help!

    Listing Contact
    Jami Baker Orr Team

    Listing agent Jami Baker Orr Team

    Listing office Keller Williams Performance Realty 1528 Fortino Blvd, Pueblo, CO

    Listing date Aug 14, 2025

    MLS# 234032 Listing URL

    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.

    HighLights

    • Excellent visibility from a busy road.
    • Zoned B‑4, offering a wide range of potential business uses.
    • .29‑acre commercial lot.
    • Located on a paved street.
    • Prime location for maximum exposure and accessibility.
    • Adjacent lot is also available for additional acreage.

    Overview

    This 0.29-acre commercial lot is located on a paved street in Pueblo West, Colorado. The property benefits from high visibility due to its location on a busy road. It is zoned B-4, which allows for a wide range of potential business uses. The adjacent lot is also available, presenting the opportunity to acquire additional acreage. This location offers maximum exposure and accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pueblo West
    County
    Pueblo
    State
    Colorado
    Longitude
    -104.7392067
    Latitude
    38.3203286

    Nearby Similar for Sale

    • $550,000
      520 SF

      Versatile Pueblo West Commercial Property

      2-acre mixed-use property with existing structures and development potential.
      1115 E Holiday Dr., Pueblo West, CO 81007
      View Details
    • $660,000
      4,000 SF

      Pueblo West Commercial Warehouse

      Versatile 4000 sq ft warehouse on 2.5 acres.
      749 E Enterprise Dr, Pueblo West, CO 81007
      View Details
    • $1,200,000
      5,278 SF

      Established Restaurant Property in Pueblo

      Well-equipped restaurant with high visibility and convenient access.
      105 S Tiffany Dr, Pueblo West, CO 81007
      View Details
    • $849,999
      16,700 SF

      Pueblo West Industrial Property

      Two-acre industrial property with cultivation tenant in Pueblo West.
      36 N Research Dr, Pueblo West, CO 81007
      View Details
    • $699,000
      14,644 SF

      Turn-Key Cultivation Property in Pueblo

      Licensed cultivation property with automated greenhouse and office building.
      65 N Laser Dr, Pueblo West, CO 81007
      View Details
    • $700,000
      4,480 SF

      Pueblo West Fourplex Investment Opportunity

      Well-maintained fourplex with strong tenant appeal in Pueblo West.
      687-693 E Laporte Dr, Pueblo West, CO 81007
      View Details
    • $539,900
      2,938 SF

      New Duplex Investment Opportunity

      Turnkey duplex in Pueblo West generating immediate cash flow.
      977-979 S Harmony Dr, Pueblo West, CO 81007
      View Details
    • $5,050,000
      23,276 SF

      Shops at Pueblo West

      Commercial property in a high-traffic Southern Colorado location.
      279 Purcell Blvd, Pueblo West, CO 81007
      View Details
    • $519,900
      3,290 SF

      Pueblo West Duplex Investment Property

      Duplex in Pueblo West, Colorado, ideal for investment or owner-occupancy.
      223 W Harmony Dr, Pueblo West, CO 81007
      View Details
    • $750,000
      3,642 SF

      New Pueblo West Multifamily Property

      New construction multifamily property in Pueblo West, currently being leased.
      387 - 391 S Springmont Dr, Pueblo West, CO 81007
      View Details
    • $343,000
      2,400 SF

      Pueblo West Greenhouse Property

      Unique greenhouse property in Pueblo West with Highway 50 visibility.
      51,59,65 S Masters Dr, Pueblo West, CO 81007
      View Details
    • $900,000
      17,040 SF

      Automated Greenhouse with Metal Building

      1-acre property featuring greenhouse, metal building, and extensive equipment.
      59 N Laser Dr, Pueblo West, CO 81007
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.29-acre commercial lot with B-4 zoning in Pueblo West.
    Where is this commercial land located?
    The property is located at 349 S Joe Martinez Blvd Pueblo West, CO.
    What is the asking price?
    The asking price for this property is $38,000.
    What are key features of this property?
    This property features: Excellent visibility from a busy road.; Zoned B‑4, offering a wide range of potential business uses.; .29‑acre commercial lot.
    (719) 647-7252
    We can help!
    Listing Contact
    Jami Baker Orr Team
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    349 S Joe Martinez Blvd, Pueblo West, CO 81007
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!