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Multi-Office Building with Detached Garage
New
For Sale
$499,000

2410 N Grand Ave, Pueblo, CO 81003

Interior features include private offices, a conference room, a kitchenette, and three accessible restrooms.

Property Size4,032 SF
Price / SF$123.76
Days on Market5

Property Features for 2410 N Grand Ave

General Information

Standard status Active
Size 4,032 SF
Property subtype Commercial
Zoning B-4

Site & Location

Neighborhood Country Club
Highway Access Yes
Road Access Yes

Additional Details

Property Use Office

Taxes and HOA fees

Annual Taxes $3,878

Building Details

Building Size 4,032 SF
Year Built 1973
Buildings 2
Owner Occupied Yes
Listing Agency: Keller Williams Performance Realty
Listed By: The Steve Henson Sales Team
Source: Curtisryanrealestate
Added: Oct 26 Changed: Oct 27 Last Checked: Oct 27 at 3:56AM

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.

The 4,032-square-foot office building has a reception area, 12 private offices, a conference room, a break room with kitchenette, three handicap-accessible restrooms, and additional workspace or storage. Recent improvements include replacement rooftop HVAC units, electrical updates, and refreshed interior finishes. A detached 960-square-foot garage has a 12-foot overhead door. The layout can accommodate one occupant or multiple users, and the sellers may consider leasing back approximately half the building after closing or vacating at closing.

The property is on N Grand Ave in Pueblo, near commercial corridors and minutes from I-25. It is zoned B-4 Central Business District; intended uses should be confirmed with the City of Pueblo.

Key Highlights

  • 4,032‑square‑foot office building with 12 private offices
  • Detached 960‑square‑foot garage with a 12‑foot overhead door
  • B‑4 Central Business District zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,181
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$883,620 $883.6K
Cap Rate 7%
$631,157 $631.2K
Cap Rate 9%
$490,900 $490.9K
Market Conditions
NOI Build-Up for 4,032 SF
Gross rent
$60.5K $15.00/SF
− Vacancy
−$1.6K −$0.39/SF
EGI
$58.9K $14.61/SF
− OpEx
−$14.7K −$3.65/SF
NOI
$44.2K $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%
$883,620
Cap Rate 7%
$631,157
Cap Rate 9%
$490,900

Alternative Uses

Best Use
Office B
$631.2K
$552.3K – $736.4K (±1% cap)
NOI $44,181 @ 7.0% cap · market cap 8.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$840.2K
$735.2K – $980.2K (±1% cap)
NOI $58,813 @ 7.0% cap · market cap 11.79%
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

Office buildings

Suggested Use

Top Pick Electrical Service Daycare Center (Bike/Boat/Book/etc) Store Storage Facility Bakery Locksmith

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

527
Businesses Nearby

Demographics for 81003, CO

15,169
Population
6,233
Households
2.4
Avg Household Size
38
Median Age
18%
College-Educated
80%
High-School Grad
12.2 sq mi
ZIP Area
1,243
Density / Sq Mi
$43,750
Median Household Income
$33,941
Median Earnings
$847
Median Rent
$178,600
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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Interior features include private offices, a conference room, a kitchenette, and three accessible restrooms.
Where is this office building located?
The property is located at 2410 N Grand Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 4,032‑square‑foot office building with 12 private offices; Detached 960‑square‑foot garage with a 12‑foot overhead door; B‑4 Central Business District zoning
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