Commercial Land Across From
For Sale
$1,200,000
4107 Northern Ave, Pueblo, CO 81005
Commercial Sale, Pueblo, CO
Property Size4,610 SF
Lot Size2.02 Acres
Price / SF$260.30
Days on Market50
Property Features for 4107 Northern Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CC
Subdivision
Sunset Park
Lot features
Business Park
Elementary school
60
Middle school
60
High school
60
Standard status
Active
APN
1509411005
Size
4,610 SF
Lot size
2.02 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ALL LOTS 19 TO 28 BLK 12 COLUMBIA HEIGHTS ALL VAC ALLEY ALSO VAC POR OF MONTE CRISTO AVE ADJ TO LOTS 19 THRU 22 BEING N OF HWY #78. ALSO 1/2 VAC EILER AVE ADJ BY 1073039
Tax Annual Amount
4329
Legal Description
ALL LOTS 19 TO 28 BLK 12 COLUMBIA HEIGHTS ALL VAC ALLEY ALSO VAC POR OF MONTE CRISTO AVE ADJ TO LOTS 19 THRU 22 BEING N OF HWY #78. ALSO 1/2 VAC EILER AVE ADJ BY 1073039
Utilities
Sewer type
Septic Tank
Heating system
Propane (Heating), Natural Gas, Forced Air
Cooling system
Central Air
Water source
Well, Public
Building Details
Year built
1971
Listing Agency:
RE/MAX Associates · RE/MAX International
(719) 583-8383
Listed By:
Nikolaus Curtis · License #100099807
(719) 252-0905
Added: Jul 27
Changed: Sep 13
Last Checked: Sep 14 at 7:06AM
MLS# 241414
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 2.02-acre commercial land parcel is located at 4107 Northern Ave in Pueblo and carries CC zoning. The site is described as level, with water sources identified as well and public water and wastewater service through a septic tank.
The property sits directly across from Walmart on W Northern Avenue within an established retail corridor. The surrounding commercial setting includes national retailers, restaurants, and other businesses, providing a location oriented toward retail and other commercial development identified in the property information.
The property sits directly across from Walmart on W Northern Avenue within an established retail corridor. The surrounding commercial setting includes national retailers, restaurants, and other businesses, providing a location oriented toward retail and other commercial development identified in the property information.
Key Highlights
- 2.02‑acre commercial land parcel
- CC zoning
- Directly across from Walmart
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
$44,809
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
3.73%
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%
$896,180
$896.2K
Cap Rate 7%
$640,129
$640.1K
Cap Rate 9%
$497,878
$497.9K
Market Conditions
NOI Build-Up for 4,610 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
$74.7K $16.20/SF
− Vacancy
−$3.0K −$0.65/SF
EGI
$71.7K $15.55/SF
− OpEx
−$26.9K −$5.83/SF
NOI
$44.8K $9.72/SF
Area
Pueblo, CO
Vacancy
4.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
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%
$896,180
Cap Rate 7%
$640,129
Cap Rate 9%
$497,878
Alternative Uses
Best Use
Mixed Use
$640.1K
$560.1K – $746.8K
NOI $44,809 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$960.6K
$840.6K – $1.12M
NOI $67,244 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
433
Businesses Nearby
Explore this area
Business Placement
Demographics for 81005, CO
31,327
Population
13,578
Households
2.3
Avg Household Size
44
Median Age
26%
College-Educated
93%
High-School Grad
198.7 sq mi
ZIP Area
158
Density / Sq Mi
$67,500
Median Household Income
$45,198
Median Earnings
$990
Median Rent
$282,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Level commercial site with CC zoning and direct positioning along W Northern Avenue in Pueblo.
Where is this commercial land located?
The property is located at 4107 Northern Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 2.02‑acre commercial land parcel; CC zoning; Directly across from Walmart
