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    Commercial Buildings on Corner Lot Title is generated by Realmo AI

    302 E Hwy 50E, Avondale, CO 81022

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    For Sale
    $110,000

    COMMERCIAL - Avondale, CO

    Property size:
    9,768 SF
    Lot size:
    0.74 Acres
    Price / SF:
    $11/SF
    Added:
    May 13, 2026
    Days on Market:
    3
    Last Refresh:
    May 15 at 12:06 am

    Property Features for 302 E Hwy 50E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    B-4
    Parking features
    Paved or Surfaced
    Standard status
    Active
    APN
    1208119020/120811901
    Size
    9,768 SF
    Lot size
    0.74 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    2 Parcels lengthy - #12-081-19-019 and #12-081-19-020 - 302 and 310 E US Hwy 50
    Tax Annual Amount
    1516

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    1942
    Floors in Building
    1
    Roof type
    Metal, Flat

    We can help!

    Listing Contact
    Scott P. Moore

    Listing agent Scott P. Moore

    Listing office Rocky Mountain Realty 201 N Main St., Pueblo, CO

    Listing date May 13, 2026

    MLS# 232771

    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.

    HighLights

    • Corner lot location zoned B‑4 with ingress/egress from two sides.
    • Two commercial buildings with large lots.
    • High‑traffic location at the intersection of Avondale Blvd and E US‑50 Business West, near Highway 50.
    • Plenty of parking available.
    • Multiple use opportunities due to zoning and building features.
    • Utilities available: Natural Gas heating, Public Water, and Public Sewer.

    Overview

    Two commercial buildings are situated on a 0.735-acre corner lot zoned B-4. The property provides ingress and egress from two sides, along with ample parking. Located at the intersection of Avondale Blvd and E US-50 Business West, it is just 2 miles from Highway 50. One of the buildings, located at 302 E US-50, was formerly the Avondale Arapahoe Building. The other building, at 310 E US-50, was converted from a mechanics garage into a store or bar. The property has wells and offers multiple use opportunities. The total property size is 9768 square feet.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Map

    City
    Avondale
    County
    Pueblo
    State
    Colorado
    Longitude
    -104.3510792
    Latitude
    38.2375025

    Nearby Similar for Sale

    • $308,595

      Avondale, CO Farmland Opportunity

      205.3 acres of farmland in Avondale, Colorado.
      Avondale, CO 81022
      View Details
    • $110,000

      Two Commercial Buildings on Corner

      Two commercial buildings with large lots, multiple use opportunities.
      302 E Us Highway 50, Avondale, CO, 81022-9746
      View Details

    FAQs

    What type of property is this?
    Auto shop - Two commercial buildings on a corner lot with ample parking.
    Where is this auto shop located?
    The property is located at 302 E Hwy 50E Avondale, CO.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: Corner lot location zoned B‑4 with ingress/egress from two sides.; Two commercial buildings with large lots.; **High‑traffic location** at the intersection of Avondale Blvd and E US‑50 Business West, near Highway 50.
    (719) 240-9412
    We can help!
    Listing Contact
    Scott P. Moore
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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