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Cannabis Cultivation Steel Building
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168 E Assembly Dr, Pueblo West, CO 81007

Steel-on-slab facility with office, kitchen, full HVAC, fencing, and grade-level loading access.

Property Size4,800 SF
Price / SF$124.79
Days on Market177

Property Features for 168 E Assembly Dr

General Information

Standard status Active
Size 4,800 SF
Property subtype INDUSTRIAL
Listing Agency: Miramont Commercial Real Estate
Listed By: Simon Penner
Source: Moodyscre
Added: Feb 4 Changed: Jul 31 Last Checked: Jul 31 at 5:56PM

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 Miramont Commercial Real Estate

Investment Insights

Based on property information with market context.

This 4,800-square-foot steel building in Pueblo West, Colorado, was constructed in 2004 and is currently operating as a grow MMJ facility. Steel-on-slab construction, an increased electrical supply, and a full HVAC structure support the existing operation and potential conversion to industrial or office warehouse activities.

The property includes an office with kitchen, a fully fenced parcel, and a 10-foot grade-level overhead door. Its adaptable layout and modern construction provide a functional base for continued MMJ cultivation or other uses identified in the property remarks. The address is 168 E Assembly Dr, Pueblo West, CO 81007.

Key Highlights

  • 4,800 SF steel building constructed in 2004
  • Currently operating as a grow MMJ facility
  • Steel‑on‑slab construction with increased electrical supply

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 $33.4k $6.96
− Vacancy −$869 −$0.18
EGI $32.5k $6.78
− OpEx −$4.9k −$1.02
NOI $27.7k $5.76
4,800 SF · lease $6.96/SF/yr · vacancy 2.60% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$395.1K
$345.7K – $461.0K (±1% cap)
NOI $27,658 @ 7.0% cap · market cap 4.62%
Second Best
Industrial
$325.4K
$284.7K – $379.6K (±1% cap)
NOI $22,778 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$1.00M
$875.2K – $1.17M (±1% cap)
NOI $70,016 @ 7.0% cap · market cap 11.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Cannabis Properties

Suggested Use

Top Pick Law Firm HVAC Service Auto Parts Store Hair Salon Dental Office (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

283
Businesses Nearby

Demographics for 81007, CO

33,263
Population
12,678
Households
2.6
Avg Household Size
42
Median Age
31%
College-Educated
93%
High-School Grad
136.5 sq mi
ZIP Area
244
Density / Sq Mi
$95,419
Median Household Income
$50,572
Median Earnings
$1,319
Median Rent
$371,600
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Cannabis property - Steel-on-slab facility with office, kitchen, full HVAC, fencing, and grade-level loading access.
Where is this cannabis property located?
The property is located at 168 E Assembly Dr Pueblo West, CO.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 4,800 SF steel building constructed in 2004; Currently operating as a grow MMJ facility; Steel‑on‑slab construction with increased electrical supply
(719) 229-1585 Call to check price and availability
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