Listing Agency: EXIT Realty DTC, Cherry Ck, P.P s***@exitrealtydtc.com Show Phone

Listed By: Rich Mayo · License #100053306 Show Phone

Source: Exprealty

Added: Jun 30, 2025 Changed: Sep 17 Last Checked: Oct 9 at 9:05PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXIT Realty DTC, Cherry Ck, P.P

Investment Insights

Based on property information with market context.

This flex space at 1102 E Abriendo Ave offers 2,400 square feet of working space within a commercial building constructed in 1960. The interior includes hardwood floors, a kitchen area with plumbing rough-ins for future appliance installation, and two ADA-compliant bathrooms. The property is positioned on a corner lot and includes a 1/4-acre fenced area, adding secured exterior space to the building configuration.

Located in Pueblo, Colorado, the property carries R-5 zoning. Its existing interior improvements and adaptable layout support a range of commercial planning options, subject to applicable zoning and regulatory requirements.

Key Highlights

• 2,400 sq. ft. of working space
• 1/4‑acre fenced area on a corner lot
• Two ADA‑compliant bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$11,389

Cap Rate

4.56%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$227,780 $227.8K

Cap Rate 7%

$162,700 $162.7K

Cap Rate 9%

$126,544 $126.5K

Market Conditions

NOI Build-Up for 2,400 SF

Gross rent

$16.7K $6.96/SF

− Vacancy

−$434 −$0.18/SF

EGI

$16.3K $6.78/SF

− OpEx

−$4.9K −$2.03/SF

NOI

$11.4K $4.75/SF

Area

Pueblo, CO

Vacancy

2.60%

Lease Rate

$6.96 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$227,780

Cap Rate 7%

$162,700

Cap Rate 9%

$126,544

Alternative Uses

Best Use

Industrial

$162.7K

$142.4K – $189.8K (±1% cap)

NOI $11,389 @ 7.0% cap · market cap 4.56%

Second Best

Flex RnD

$151.1K

$132.2K – $176.3K (±1% cap)

NOI $10,575 @ 7.0% cap · market cap 4.23%

Theoretical Best

Office A

$500.1K

$437.6K – $583.5K (±1% cap)

NOI $35,008 @ 7.0% cap · market cap 14.01%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Foundation Community Youth Child Welfare Organization

Suggested Use

Top Pick Real Estate Agency Daycare Center Dental Office Carpet & Flooring Store (Bike/Boat/Book/etc) Store Garden Center

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

Fenced yard

Location Intelligence

Trade Area within ½ mile

425

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 81004, CO

26,005

Population

12,597

Households

2.1

Avg Household Size

39

Median Age

20%

College-Educated

90%

High-School Grad

160.9 sq mi

ZIP Area

162

Density / Sq Mi

$48,620

Median Household Income

$33,925

Median Earnings

$1,002

Median Rent

$181,200

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Versatile commercial building with hardwood flooring, kitchen plumbing rough-ins, and ADA-compliant restrooms.

Where is this flex space located?

The property is located at 1102 E Abriendo Ave Pueblo, CO.

What is the asking price?

The asking price for this property is $249,900.

What are key features of this property?

This property features: 2,400 sq. ft. of working space; 1/4‑acre fenced area on a corner lot; Two ADA‑compliant bathrooms