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35.2 Acres with Warehouse/Greenhouses

1115 Siloam Road Pueblo, CO 81005

Claim this Listing
For Sale
$500,000

35.2-acre property with warehouse, greenhouses, secured grounds.

Type:IND, IND-DIST
Property size:
7,250 SF
Lot size:
35.20 Acres
Price / SF:
$68/SF
Added:
Jan 24, 2025
Days on Market:
533
Last Refresh:
Jun 30 at 12:03 am

Property Features for 1115 Siloam Road

General Information

Standard status
Active
Size
7,250 SF
Lot size
35.20 Acres
Property subtype
IND, IND-DIST

Listing office Keller Williams Clients' Choice Realty

Listing date Jan 24, 2025

Source Realnex

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 Keller Williams Clients' Choice Realty


Investment Insights

Based on property information with market context.

This 35.2-acre property offers potential for various business ventures. It features a 7,250 square foot office/warehouse and seven greenhouses, each approximately 2,400 square feet. Previously utilized for greenhouse operations, some of the original infrastructure is still present, providing a foundation for agricultural use or repurposing. The secured grounds offer additional space for expansion and are fully enclosed by a military-grade security fence. Located minutes from Pueblo Reservoir, the property combines outdoor areas with an accessible location.

Key Highlights

  • 35.2‑acre property offering ample space.
  • Features a 7,250 SF office/warehouse.
  • Seven greenhouses, each approximately 2,400 SF.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $50.5k $6.96
− Vacancy −$1.3k −$0.18
EGI $49.1k $6.78
− OpEx −$7.4k −$1.02
NOI $41.8k $5.76
7,250 SF · lease $6.96/SF/yr · vacancy 2.60% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$596.8K
$522.2K – $696.3K (±1% cap)
NOI $41,776 @ 7.0% cap · market cap 8.36%
Second Best
Industrial
$491.5K
$430.1K – $573.4K (±1% cap)
NOI $34,404 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M (±1% cap)
NOI $105,753 @ 7.0% cap · market cap 21.15%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Agricultural properties

FAQs

What type of property is this?
Agricultural property - 35.2-acre property with warehouse, greenhouses, secured grounds.
Where is this agricultural property located?
The property is located at 1115 Siloam Road Pueblo, CO.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 35.2‑acre property offering ample space.; Features a **7,250 SF office/warehouse**.; Seven greenhouses, each approximately 2,400 SF.
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