35.2 Acres with
1115 Siloam Road, Pueblo, CO 81005
35.2-acre property with warehouse, greenhouses, secured grounds.
Type:IND, IND-DIST
Property size:
7,250 SFLot size:
35.20 AcresPrice / SF:
$68/SF- Added:
- Jan 24, 2025
- Days on Market:
- 488
- Last Refresh:
- Apr 3 at 5:02 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 agent Charlie Triplett License #FA 100036588, Colorado (719) 535-0355
Listing office KW Commercial | Colorado Springs (719) 535-0355
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 KW Commercial | Colorado Springs
HighLights
- 35.2‑acre property offering ample space.
- Features a 7,250 SF office/warehouse.
- Seven greenhouses, each approximately 2,400 SF.
- Secured grounds fully enclosed by a military‑grade security fence.
- Prime, easily accessible location.
- Minutes from Pueblo Reservoir.
Overview
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.
Financial Insights
Value Estimation Calculated for Warehouse
Conservative
$464.2K
NOI $41,776 @ 9.00% cap · cautious / downside scenario
Moderate
$596.8K
NOI $41,776 @ 7.00% cap · market / base-case scenario
Aggressive
$835.5K
NOI $41,776 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Warehouse
| 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 Use Scenarios
Best Use
Warehouse
$596.8K
$522.2K – $696.3K
NOI $41,776 @ 7.0% cap · market cap 8.36%
Second Best
Industrial
$491.5K
$430.1K – $573.4K
NOI $34,404 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,753 @ 7.0% cap · market cap 21.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Agricultural properties
Map
- City
- Pueblo
- County
- Pueblo
- State
- Colorado
- Longitude
- -104.980195
- Latitude
- 38.243484
Nearby Similar for Sale
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.
