Industrial Multi-Building
For Sale
$775,000
4676 Graneros Rd, Colorado City, CO 81019
Industrial property includes three buildings and a large fenced yard, with office and conditioned air in the main structure.
Property Size12,100 SF
Price / SF$64.05
Days on Market491
Property Features for 4676 Graneros Rd
General Information
Standard status
Active
Size
12,100 SF
Property subtype
General Commercial
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Amenities
3
LI
0x0
Building Details
Stories
1
Listing Agency:
Keller Williams Performance Realty
(719) 583-1100
Listed By:
Stephen Henson Jr. · License #FA100036809
Source:
Xome
Added: Apr 7, 2025
Changed: Aug 8
Last Checked: Aug 9 at 5:18AM
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 Performance Realty
Investment Insights
Based on property information with market context.
This industrial property consists of three separate buildings plus a large fenced yard. Building one is a 100-by-50-foot structure with approximately 5,000 square feet that includes office space, bathrooms, and conditioned air. Building two is a metal building with approximately 5,000 square feet. Building three is a Quonset hut with approximately 2,100 square feet.
The property is located about 30 minutes south of Pueblo, Colorado, and is described as conveniently positioned just off I-25.
The offering provides multiple enclosed work/storage configurations across warehouse-style buildings, with the first building supporting office and conditioned space use.
The property is located about 30 minutes south of Pueblo, Colorado, and is described as conveniently positioned just off I-25.
The offering provides multiple enclosed work/storage configurations across warehouse-style buildings, with the first building supporting office and conditioned space use.
Key Highlights
- Industrial property with 3 total buildings and a large fenced yard
- Building 1: 5,000 sf (100' x 50') with office, bathrooms, and conditioned air
- Building 2: 5,000 sf (100' x 50') metal building
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
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
- 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 - Industrial property includes three buildings and a large fenced yard, with office and conditioned air in the main structure.
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: Industrial property with 3 total buildings and a large fenced yard; Building 1: 5,000 sf (100' x 50') with office, bathrooms, and conditioned air; Building 2: 5,000 sf (100' x 50') metal building
