Two-Bay Auto
For Sale
$259,900
417 N Fountain, Pueblo, CO 81001
Commercial Sale, Pueblo, CO
Property Size2,058 SF
Lot Size0.06 Acres
Price / SF$126.29
Days on Market153
Property Features for 417 N Fountain
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-4
Subdivision
Eastside
Lot features
Corner Lot
Elementary school
60
Middle school
60
High school
60
Standard status
Active
APN
0431212001
Size
2,058 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
N 60 Ft Lot 1 BLK 23 EAST Pueblo
Tax Annual Amount
4424
Legal Description
N 60 Ft Lot 1 BLK 23 EAST Pueblo
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public
Amenities
office spaces
Building Details
Year built
1974
Floors in Building
1
Roof type
Tar/Gravel
Listing Agency:
Rocky Mountain Realty
(719) 569-7276
Listed By:
Shawn Martinez · License #FA40004934
(719) 240-2502
Added: Apr 9
Changed: Sep 5
Last Checked: Sep 8 at 7:06AM
MLS# 239179
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 auto shop property includes a large open work area, two service bays, and two separate offices. A compressor with hoses conveys with the building, while a newer water heater adds to the documented updates. The structure was built in 1974 and has been maintained inside and out.
Located near I-25 and 4th Street, the property provides access for customers, employees, and deliveries. Building systems include forced-air, natural-gas heating, public water, public sewer, and a tar-and-gravel roof. B-4 zoning and the existing garage configuration support automotive, paint, and light industrial or commercial operations as described in the property information.
Located near I-25 and 4th Street, the property provides access for customers, employees, and deliveries. Building systems include forced-air, natural-gas heating, public water, public sewer, and a tar-and-gravel roof. B-4 zoning and the existing garage configuration support automotive, paint, and light industrial or commercial operations as described in the property information.
Key Highlights
- Two‑bay garage with two separate offices and an open work area
- B‑4 zoning
- Compressor and hoses included
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
$18,950
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
7.29%
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%
$379,000
$379.0K
Cap Rate 7%
$270,714
$270.7K
Cap Rate 9%
$210,556
$210.6K
Market Conditions
NOI Build-Up for 2,058 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
$28.6K $13.92/SF
− Vacancy
−$1.6K −$0.77/SF
EGI
$27.1K $13.15/SF
− OpEx
−$8.1K −$3.95/SF
NOI
$19.0K $9.21/SF
Area
Pueblo, CO
Vacancy
5.50%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
30.00%
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%
$379,000
Cap Rate 7%
$270,714
Cap Rate 9%
$210,556
Alternative Uses
Best Use
Retail
$270.7K
$236.9K – $315.8K
NOI $18,950 @ 7.0% cap · market cap 7.29%
Second Best
Industrial
$139.5K
$122.1K – $162.8K
NOI $9,766 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$428.8K
$375.2K – $500.3K
NOI $30,019 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Service bays
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,083
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Engine Center — 301 S Santa Fe Ave, Pueblo, CO 81003
- Joplin tires — 409 S Joplin Ave, Pueblo, CO 81001
- Gene's Auto Repair — 1027 E Beech St, Pueblo, CO 81001
- Mac's Auto Truck Repair — pueblo, co 81003
- Pueblo On-Site Truck Repair — 433 E 1st St, Pueblo, CO 81003
Frequently Asked Questions
What type of property is this?
Auto shop - B-4-zoned garage with office space, included compressor equipment, and access near I-25 and 4th Street.
Where is this auto shop located?
The property is located at 417 N Fountain Pueblo, CO.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Two‑bay garage with two separate offices and an open work area; B‑4 zoning; Compressor and hoses included
