Warehouse Property with Fenced
For Sale
$775,000
4676 Graneros Rd, Colorado City, CO 81019
COMMERCIAL - Colorado City, CO
Property Size12,100 SF
Lot Size2.15 Acres
Price / SF$64.05
Days on Market237
Property Features for 4676 Graneros Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
LI
Fencing
Fenced
Subdivision
Colorado City
Lot features
Industrial Park
Elementary school
70
Middle school
70
High school
70
Standard status
Active
APN
4630219001
Size
12,100 SF
Lot size
2.15 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 33 UNIT 19 COLORAD CITY FORMERLY 7011-0019-0033 and LOT 36 UNIT 19 COLORADO CITY AMENDED and PARCEL A REARRANGEMENT OF PROPERTY BOUNDARIES NO 57 FORMERLY #46302-19-002 + 010
Tax Annual Amount
0
Legal Description
LOT 33 UNIT 19 COLORAD CITY FORMERLY 7011-0019-0033 and LOT 36 UNIT 19 COLORADO CITY AMENDED and PARCEL A REARRANGEMENT OF PROPERTY BOUNDARIES NO 57 FORMERLY #46302-19-002 + 010
Utilities
Heating system
Electric (Heating), Natural Gas
Water source
Public
Building Details
Floors in Building
1
Listing Agency:
Keller Williams Performance Realty · Keller Williams Realty
(719) 583-1100
Listed By:
Stephen Henson Jr. · License #FA100036809
(719) 251-7055
Added: Dec 17, 2025
Changed: Aug 4
Last Checked: Aug 11 at 11:06PM
MLS# 235756
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.
Warehouse property with three separate buildings and a large fenced yard. Building one measures 100 feet by 50 feet and totals 5,000 SF, including office space, bathrooms, and conditioned air. Building two is a metal building measuring 100 feet by 50 feet with 5,000 SF. Building three is a Quonset hut measuring 60 feet by 35 feet with 2,100 SF. The site totals 2.15 acres and is serviced by public water, with heating provided by both electric and natural gas.
The property is approximately 30 minutes south of Pueblo, CO and is conveniently located just off I-25. Zoning is LI.
This configuration can support a range of industrial and storage uses where multiple building options and yard space are helpful.
The property is approximately 30 minutes south of Pueblo, CO and is conveniently located just off I-25. Zoning is LI.
This configuration can support a range of industrial and storage uses where multiple building options and yard space are helpful.
Key Highlights
- 2.15‑acre warehouse site with a large fenced yard
- Three buildings: 100' x 50' (5,000 SF) with office, bathrooms, and conditioned air
- Second building: metal 100' x 50' (5,000 SF)
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
$69,722
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
9.00%
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%
$1,394,440
$1.4M
Cap Rate 7%
$996,029
$996.0K
Cap Rate 9%
$774,689
$774.7K
Market Conditions
NOI Build-Up for 12,100 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
$84.2K $6.96/SF
− Vacancy
−$2.2K −$0.18/SF
EGI
$82.0K $6.78/SF
− OpEx
−$12.3K −$1.02/SF
NOI
$69.7K $5.76/SF
Area
Pueblo County, CO
Vacancy
2.60%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
15.00%
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%
$1,394,440
Cap Rate 7%
$996,029
Cap Rate 9%
$774,689
Alternative Uses
Best Use
Warehouse
$996.0K
$871.5K – $1.16M
NOI $69,722 @ 7.0% cap · market cap 9.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.52M
$2.21M – $2.94M
NOI $176,498 @ 7.0% cap · market cap 22.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Explore this area
Business Placement
Demographics for 81019, CO
2,022
Population
859
Households
2.4
Avg Household Size
49
Median Age
18%
College-Educated
93%
High-School Grad
13.1 sq mi
ZIP Area
154
Density / Sq Mi
$41,625
Median Household Income
$26,855
Median Earnings
$1,270
Median Rent
$229,000
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
- Crow Storage — 5050 W Graneros Rd, Colorado City, CO 81019
- P's in a Pod Storage, LLC — 4564 Graneros Rd, 9030 I25 South, Colorado City, CO 81019
Frequently Asked Questions
What type of property is this?
Warehouse - Three warehouse buildings on a fenced yard; zoned LI with public water service and heated by electric and natural gas.
Where is this warehouse located?
The property is located at 4676 Graneros Rd Colorado City, CO.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 2.15‑acre warehouse site with a large fenced yard; Three buildings: 100' x 50' (5,000 SF) with office, bathrooms, and conditioned air; Second building: metal 100' x 50' (5,000 SF)
