Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    36 N Research Dr Pueblo West, CO 81007

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,149,000

    2.0-acre fenced property with industrial structures and cultivation tenant.

    Lot size:
    2.00 Acres

    Property Features for 36 N Research Dr

    General Information

    Property type
    Industrial
    Standard status
    Active
    Lot size
    2.00 Acres

    Building Details

    Year built
    1971

    We can help!

    Listing Contact
    Brett Bennett
    Brett Bennett
    Source: Elliman

    Listing Agency: Ajax Realty Group Listing Agent: Brett Bennett

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Pueblo West Industrial Property

    This offering features a 2.0-acre fully fenced and secure property with industrial structures located in Pueblo West, Colorado. The property includes an existing cultivation tenant at 24 N. Research Drive, operating under a long-term lease with the option to extend. The building at 36 N. Research can be renovated or used as is, and subsequently leased or utilized by the buyer for personal office and storage. Recent building renovations have been completed on the property at 24 N. Research Drive. The buyer has the option to lease out the various buildings or use them for personal office and storage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cannabis Properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pueblo West
    County
    Pueblo
    State
    Colorado
    Longitude
    -104.7344611
    Latitude
    38.3345678

    Nearby Similar for Sale

    • $343,000
      2,400 SF

      Pueblo West Greenhouse Property

      Unique greenhouse property in Pueblo West with Highway 50 visibility.
      51 S Masters Dr, Pueblo West, CO 81007
      View Details
    • $1,200,000
      5,278 SF

      Established Restaurant Property in Pueblo

      Well-equipped restaurant with high visibility and convenient access.
      105 S Tiffany Dr, Pueblo West, CO 81007
      View Details
    • $4,900,000
      76,000 SF

      Pueblo West Industrial Building

      Industrial building on 5 acres with highway visibility.
      129 E Enterprise Dr, Pueblo West, CO 81007
      View Details
    • $463,000
      0.28 Acres

      Pueblo West Income-Producing Duplex

      Desirable duplex with 2-bedroom units and attached garages.
      357 W Spaulding Ave, Pueblo West, CO 81007
      View Details
    • $559,999
      3,018 SF

      Modern Duplex in Pueblo West

      Spacious duplex with modern amenities, ideal for investors or homeowners.
      701-703 E Clarion Dr, Pueblo West, CO 81007
      View Details
    • $559,999
      0.28 Acres

      Modern Duplex in Pueblo West

      Spacious duplex with modern amenities, ideal for investors or homeowners.
      701 E Clarion Dr, Pueblo West, CO 81007
      View Details
    • $590,000
      2,968 SF

      Updated Duplex in Pueblo West

      Two updated homes with established tenants in Pueblo West, Colorado.
      290 W Palomar Bay, Pueblo West, CO 81007
      View Details
    • $440,000
      2,872 SF

      Spacious Duplex: Investment Opportunity

      Spacious duplex with excellent cash flow potential in Pueblo West.
      959-961 S Honeysuckle Dr, Pueblo West, CO 81007
      View Details
    • $440,000
      0.24 Acres

      Spacious Duplex: Investor Special

      Spacious duplex with excellent cash flow potential in Pueblo West.
      959 S Honeysuckle Dr, Pueblo West, CO 81007
      View Details
    • $879,000

      Pueblo West Flex/Warehouse Opportunity

      8,824 SF flex/warehouse on 2 acres in Pueblo West.
      69 North Mission Dr, Pueblo West, CO 81007
      View Details
    • Contact for pricing

      Retail Investment in Pueblo West

      NNN retail investment opportunity in growing Pueblo West, Colorado.
      279 South Purcell Blvd, Pueblo West, CO 81007
      View Details
    • $879,000

      Pueblo West Industrial/Flex Building

      7,500 SF industrial/flex building in Pueblo West, Colorado.
      43 North Silicon Dr, Pueblo West, CO 81007
      View Details

    FAQs

    What type of property is this?
    Cannabis property - 2.0-acre fenced property with industrial structures and cultivation tenant.
    Where is this cannabis property located?
    The property is located at 36 N Research Dr Pueblo West, CO.
    What is the asking price?
    The asking price for this property is $1,149,000.
    What are key features of this property?
    This property features: - 2. 0 acre **fully fenced and secure property**; - Existing cultivation tenant in place at 24 N. Research Drive with long-term lease and extension option; - Extensive industrial structures on the property
    (303) 549-4182
    Request Owner's contact information
    36 N Research Dr Pueblo West, CO 81007
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    36 N Research Dr
    Pueblo West, CO 81007
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    36 N Research Dr Pueblo West, CO 81007
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Brett Bennett
    Brett Bennett
    Real Estate License ID: 40005471
    (303) 549-4182 (303) 770-5000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!