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8-Bay Self-Service Car Wash
For Sale
$474,900

2024 N Norwood Ave, Pueblo, CO 81001

Commercial Sale, Pueblo, CO

Property Size3,180 SF
Lot Size0.47 Acres
Price / SF$149.34
Days on Market54

Property Features for 2024 N Norwood Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-3
Security features Security System
Subdivision Belmont
Lot features Corner Lot, Free Standing
Elementary school Pueblo District 60
Middle school Pueblo District 60
High school Pueblo District 60
Standard status Active
APN 0429210001
Size 3,180 SF
Lot size 0.47 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 1 POWER WASH SUB
Tax Annual Amount 3298
Legal Description LOT 1 POWER WASH SUB

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1981
Roof type Metal
Listing Agency: RE/MAX Associates · RE/MAX International
Listed By: Janella Sandoval · License #FA.100096936
Added: Aug 14 Changed: Sep 13 Last Checked: Oct 6 at 10:06AM
MLS# 241742

Copyright © 2026 Pueblo Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,180-square-foot self-service car wash includes eight wash bays within a facility built in 1981. The property has a metal roof, natural gas heating, public water, and public sewer. Its existing configuration can support renovation or modernization of the car wash, while other commercial or redevelopment concepts would remain subject to zoning and required approvals.

The site is located at 2024 N Norwood Ave in Pueblo, near Highway 50 and Norwood Avenue. The surrounding area includes residential neighborhoods, retail centers, restaurants, and other established businesses. Highway 50 carries approximately 65,000 vehicles per day through the area, providing access to a major commercial corridor.

Key Highlights

  • Eight self‑service wash bays
  • 3,180‑square‑foot facility on 0.468 acres
  • B‑3 zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,373
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$627,460 $627.5K
Cap Rate 7%
$448,186 $448.2K
Cap Rate 9%
$348,589 $348.6K
Market Conditions
NOI Build-Up for 3,180 SF
Gross rent
$44.3K $13.92/SF
− Vacancy
−$2.4K −$0.77/SF
EGI
$41.8K $13.15/SF
− OpEx
−$10.5K −$3.29/SF
NOI
$31.4K $9.87/SF
Area
Pueblo, CO
Vacancy
5.50%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$627,460
Cap Rate 7%
$448,186
Cap Rate 9%
$348,589

Alternative Uses

Best Use
Specialty Retail
$448.2K
$392.2K – $522.9K (±1% cap)
NOI $31,373 @ 7.0% cap · market cap 6.61%
Second Best
Retail
$418.3K
$366.0K – $488.0K (±1% cap)
NOI $29,282 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$662.6K
$579.8K – $773.1K (±1% cap)
NOI $46,385 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Pueblo Power Wash Car Wash

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Electrical Service Spa & Massage Center Hair Salon

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

65,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby

Demographics for 81001, CO

31,107
Population
13,651
Households
2.3
Avg Household Size
37
Median Age
21%
College-Educated
88%
High-School Grad
32.0 sq mi
ZIP Area
972
Density / Sq Mi
$47,086
Median Household Income
$35,204
Median Earnings
$1,027
Median Rent
$208,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Self service car wash - B-3-zoned car wash with public water and sewer near established commercial uses.
Where is this self service car wash located?
The property is located at 2024 N Norwood Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $474,900.
What are key features of this property?
This property features: Eight self‑service wash bays; 3,180‑square‑foot facility on 0.468 acres; B‑3 zoning
More about this property
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