Building Details

Tenancy Multi

Listing Agency: Lee & Associates | Denver Show Phone

Listed By: Ray Rosado · License ##FA100-019395 Show Phone

Source: Moodyscre

Added: Apr 17, 2025 Changed: Oct 11 Last Checked: Oct 24 at 4:50PM

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Investment Insights

Based on property information with market context.

This medical-use-ready, multi-tenant professional plaza offers a purpose-built setup for office users. The property is offered for sale and is configured as an office building suitable for medical and related professional occupancy.

The building is located two blocks from St. Mary-Corwin Hospital and is one minute to I-25. It also sits within an Opportunity Zone and provides abundant parking for patient and staff access.

As a dedicated office property within a professional plaza, it presents a practical option for buyers seeking an existing medical-ready configuration.

Key Highlights

• Multi‑tenant professional plaza with a medical use ready building
• Located two blocks from St. Mary‑Corwin Hospital
• In an Opportunity Zone

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$58,629

Cap Rate

7.33%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,172,580 $1.2M

Cap Rate 7%

$837,557 $837.6K

Cap Rate 9%

$651,433 $651.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 5,026 SF

Gross rent

$100.1K $19.92/SF

− Vacancy

−$2.4K −$0.48/SF

EGI

$97.7K $19.44/SF

− OpEx

−$39.1K −$7.78/SF

NOI

$58.6K $11.67/SF

Area

Pueblo, CO

Vacancy

2.40%

Lease Rate

$19.92 /SF/Yr

Expense Ratio

40.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,172,580

Cap Rate 7%

$837,557

Cap Rate 9%

$651,433

Alternative Uses

Best Use

Healthcare Medical

$837.6K

$732.9K – $977.2K (±1% cap)

NOI $58,629 @ 7.0% cap · market cap 7.33%

Second Best

Office B

$786.7K

$688.4K – $917.9K (±1% cap)

NOI $55,072 @ 7.0% cap · market cap 6.88%

Theoretical Best

Office A

$1.05M

$916.4K – $1.22M (±1% cap)

NOI $73,312 @ 7.0% cap · market cap 9.16%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

William W. Storms, ... Physician Affordable Health Clinic, ... Physician family medicine rocks ... Medical Clinic Pueblo Pediatrics LLC Pediatrician Family Medicine Medical Clinic

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Dental Office Big Box & Wholesale Store

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

Multi-tenant

Tenancy

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

574

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 Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

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Frequently Asked Questions

What type of property is this?

Medical Office Space - Multi-tenant medical office building positioned two blocks from St. Mary-Corwin Hospital with abundant parking.

Where is this medical office space located?

The property is located at 900 Indiana Ave Pueblo, CO.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: Multi‑tenant professional plaza with a medical use ready building; Located two blocks from St. Mary‑Corwin Hospital; In an Opportunity Zone