Multi-Tenant Office
New
For Sale
$640,000
1805 Fortino, Pueblo, CO 81008
Three office suites include two tenant-occupied units and a space used by the owner.
Property Size5,260 SF
Price / SF$121.67
Days on Market5
Property Features for 1805 Fortino
General Information
Standard status
Active
Size
5,260 SF
Property subtype
Commercial
Site & Location
Neighborhood
Skyview
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
3
Tenant in Place
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$5,618
Building Details
Building Size
5,260 SF
Year Built
1985
Buildings
1
Tenancy
Multi
Owner Occupied
Yes
Listing Agency:
Keller Williams Performance Realty
Listed By:
The Steve Henson Sales Team
(719) 583-1100
Source:
Curtisryanrealestate
Added: Oct 26
Last Checked: Oct 26 at 3:36PM
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
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Investment Insights
Based on property information with market context.
Built in 1985, this 5,260-square-foot office building is divided into three units. Two are tenant occupied, while the owner occupies the third. Interior areas include private offices, reception and waiting spaces, plus shared common areas. On-site parking serves the property.
The building is on Fortino Blvd, just off Highway 50, and is within one mile of I-25. National retailers are nearby, with access to surrounding commercial corridors.
The building is on Fortino Blvd, just off Highway 50, and is within one mile of I-25. National retailers are nearby, with access to surrounding commercial corridors.
Key Highlights
- 5,260‑square‑foot office building built in 1985
- Three units: two tenant occupied and one owner occupied
- Private offices, reception areas, waiting rooms, and shared common areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,636
Cap Rate
9.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,152,720
$1.2M
Cap Rate 7%
$823,371
$823.4K
Cap Rate 9%
$640,400
$640.4K
Market Conditions
NOI Build-Up for 5,260 SF
Gross rent
$78.9K $15.00/SF
− Vacancy
−$2.1K −$0.39/SF
EGI
$76.8K $14.61/SF
− OpEx
−$19.2K −$3.65/SF
NOI
$57.6K $10.96/SF
Area
Pueblo, CO
Vacancy
2.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,152,720
Cap Rate 7%
$823,371
Cap Rate 9%
$640,400
Alternative Uses
Best Use
Office B
$823.4K
$720.5K – $960.6K
NOI $57,636 @ 7.0% cap · market cap 9.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.10M
$959.1K – $1.28M
NOI $76,726 @ 7.0% cap · market cap 11.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
3
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
943
Businesses Nearby
Explore this area
Business Placement
Demographics for 81008, CO
11,868
Population
5,302
Households
2.2
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
102.2 sq mi
ZIP Area
116
Density / Sq Mi
$68,389
Median Household Income
$45,445
Median Earnings
$1,396
Median Rent
$280,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Three office suites include two tenant-occupied units and a space used by the owner.
Where is this office building located?
The property is located at 1805 Fortino Pueblo, CO.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: 5,260‑square‑foot office building built in 1985; Three units: two tenant occupied and one owner occupied; Private offices, reception areas, waiting rooms, and shared common areas
