Multi-Building Flex
For Sale
$845,000
302 Meade Ave, Pueblo, CO 81001
Commercial Sale, Pueblo, CO
Property Size10,000 SF
Lot Size5.15 Acres
Price / SF$84.50
Days on Market110
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
Subdivision
Eastside
Lot features
Interior Lot
Elementary school
60
Middle school
60
High school
60
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
Legal Description
LOT 3 LESS E 40 FT BLK 3 MEADOW GARDENS
Utilities
Sewer type
Septic Tank
Heating system
Floor Furnace, Wood, Electric (Heating), Forced Air, Natural Gas
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 · HomeSmart International
(719) 582-1046
Listed By:
Caroline Bourgeault
(719) 888-0180
Added: Jul 8
Changed: Oct 20
Last Checked: Oct 25 at 4:06PM
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.
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Investment Insights
Based on property information with market context.
Located at 302 Meade Ave in Pueblo, this A-2-zoned flex property combines 5.15 acres with more than 10,000 square feet of existing improvements. The site includes a three-bay warehouse, additional metal buildings, open storage barns, and a 3-bedroom ranch residence. Large roll-up doors, high electrical capacity, multiple meters, paved or surfaced parking, and extensive fenced yard areas support a range of commercial configurations.
Two gated entrances provide access for trucks, equipment, and storage activity. The property is near downtown Pueblo and Highway 50, with a well water source and septic tank system. Existing concept plans illustrate 120+ outdoor storage spaces and conversion of warehouse areas to indoor climate-controlled storage. Heating includes forced air, natural gas, wood, floor furnace, and electric systems; cooling is provided by central air and ceiling fans.
Two gated entrances provide access for trucks, equipment, and storage activity. The property is near downtown Pueblo and Highway 50, with a well water source and septic tank system. Existing concept plans illustrate 120+ outdoor storage spaces and conversion of warehouse areas to indoor climate-controlled storage. Heating includes forced air, natural gas, wood, floor furnace, and electric systems; cooling is provided by central air and ceiling fans.
Key Highlights
- 5.15‑acre A‑2‑zoned flex property in Pueblo
- Over 10,000 square feet of existing structures
- Three‑bay warehouse plus metal buildings and open storage barns
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,622
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,152,440
$1.2M
Cap Rate 7%
$823,171
$823.2K
Cap Rate 9%
$640,244
$640.2K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$69.6K $6.96/SF
− Vacancy
−$1.8K −$0.18/SF
EGI
$67.8K $6.78/SF
− OpEx
−$10.2K −$1.02/SF
NOI
$57.6K $5.76/SF
Area
Pueblo, CO
Vacancy
2.60%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,152,440
Cap Rate 7%
$823,171
Cap Rate 9%
$640,244
Alternative Uses
Best Use
Office B
$1.57M
$1.37M – $1.83M
NOI $109,575 @ 7.0% cap · market cap 12.97%
Second Best
Mixed Use
$1.39M
$1.22M – $1.62M
NOI $97,200 @ 7.0% cap · market cap 11.50%
Theoretical Best
Office A
$2.08M
$1.82M – $2.43M
NOI $145,866 @ 7.0% cap · market cap 17.26%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Heavy power
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Flex space - A fenced commercial property combines warehouse improvements, yard space, gated access, and onsite infrastructure for varied operations.
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 $845,000.
What are key features of this property?
This property features: 5.15‑acre A‑2‑zoned flex property in Pueblo; Over 10,000 square feet of existing structures; Three‑bay warehouse plus metal buildings and open storage barns
