5.15 Acre Flex
302 Meade Ave Pueblo, CO 81001
For Sale
$945,000
COMMERCIAL - Pueblo, CO
Property Size10,000 SF
Lot Size5.15 Acres
Price / SF$94.50
Days on Market21
Property Features for 302 Meade Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- A-2
- Parking features
- Paved or Surfaced
- Fencing
- Fenced
- Standard status
- Active
- APN
- 0433010002
- Size
- 10,000 SF
- Lot size
- 5.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 3 LESS E 40 FT BLK 3 MEADOW GARDENS
- Tax Annual Amount
- 2318
Utilities
- Sewer type
- Septic Tank
- Heating system
- Forced Air, Natural Gas, Floor Furnace, Wood, Electric (Heating)
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Well
Building Details
- Year built
- 1957
- Floors in Building
- 1
- Roof type
- Metal
Listing Agency:
HomeSmart Preferred Realty
(719) 582-1046
Listed By:
Caroline Bourgeault · License #FA100091514
(719) 888-0180
Added: Jul 7
Changed: Jul 8
Last Checked: Jul 27 at 5:06AM
MLS# 238557
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 5.15-acre multi-building flex campus is located minutes from downtown Pueblo and Highway 50. The property is zoned A-2, allowing for a wide range of uses including contractor operations, equipment yards, RV and boat storage, agricultural processing, greenhouse operations, and owner-operator business campuses. The site includes over 10,000 square feet of existing structures, including warehouse space divided into three bays, additional metal buildings, open storage barns, and extensive yard space. Large roll-up doors, high electrical capacity, and multiple meters support operational flexibility. Two secure gated entrances allow easy access for trucks, equipment, or storage operations. Concept plans exist showing potential for 120+ outdoor storage spaces with conversion of warehouse space to indoor climate-controlled storage, creating a compelling development opportunity. A 3-bedroom ranch residence is also included, offering the ability to live onsite while operating your business.
Key Highlights
- 5.15‑acre flex campus with 10,000+ SF of existing multi‑building structures, including warehouse space in three bays
- A‑2 zoning allows a wide range of uses, including contractor operations, equipment yards, RV/boat storage, and agricultural processing
- High electrical capacity with multiple meters and large roll‑up doors for operational and storage flexibility
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 | $69.6k | $6.96 |
| − Vacancy | −$1.8k | −$0.18 |
| EGI | $67.8k | $6.78 |
| − OpEx | −$10.2k | −$1.02 |
| NOI | $57.6k | $5.76 |
10,000 SF · lease $6.96/SF/yr · vacancy 2.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$823.2K
$720.3K – $960.4K
NOI $57,622 @ 7.0% cap · market cap 6.10%
Second Best
Industrial
$677.9K
$593.2K – $790.9K
NOI $47,453 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$2.08M
$1.82M – $2.43M
NOI $145,866 @ 7.0% cap · market cap 15.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Multi-building campus with flexible zoning near downtown Pueblo.
Where is this flex space located?
The property is located at 302 Meade Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: 5.15‑acre flex campus with 10,000+ SF of existing multi‑building structures, including warehouse space in three bays; A‑2 zoning allows a wide range of uses, including contractor operations, equipment yards, RV/boat storage, and agricultural processing; High electrical capacity with multiple meters and large roll‑up doors for operational and storage flexibility
