Service-Industrial Asset with Fenced
32920 Walt Basset Ave Pueblo, CO
For Sale
Contact for pricing
Functional industrial property with secure yard on 1.95 acres.
Property Size14,946 SF
Lot Size0.95 Acres
Price / SF$131.81
Days on Market305
Property Features for 32920 Walt Basset Ave
General Information
Standard status
Active
Size
14,946 SF
Lot size
0.95 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Cushman & Wakefield | Colorado Springs Commercial
(719) 568-1389
Listed By:
Heather Mauro-McKeen · License #FA100007326
(719) 568-1389
Source:
Moodyscre
Added: Sep 26, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:17AM
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 Cushman & Wakefield | Colorado Springs Commercial
Investment Insights
Based on property information with market context.
This service-industrial asset is positioned on approximately 1.95 acres. The site features a secure, fully fenced yard that provides vehicular circulation. Multiple drive-in doors support fleet and equipment movement. Improvements include two steel buildings, one concrete building, and one open-sided steel structure. These structures deliver coverage for dispatch, storage, light maintenance, and materials staging. The property offers approximately 14,946 square feet of space. The simple, durable construction and abundant yard functionality create a practical asset designed for day-to-day operations.
Key Highlights
- 1.95 acre site
- Secure, fully fenced yard
- Excellent vehicular circulation
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 | $104.0k | $6.96 |
| − Vacancy | −$2.7k | −$0.18 |
| EGI | $101.3k | $6.78 |
| − OpEx | −$15.2k | −$1.02 |
| NOI | $86.1k | $5.76 |
14,946 SF · lease $6.96/SF/yr · vacancy 2.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.23M
$1.08M – $1.44M
NOI $86,122 @ 7.0% cap · market cap 4.37%
Second Best
Industrial
$1.01M
$886.6K – $1.18M
NOI $70,924 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$3.11M
$2.73M – $3.63M
NOI $218,012 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- A1 Security Rv and Boat Storage — 31890 CO-96, Pueblo, CO 81006
Frequently Asked Questions
What type of property is this?
Warehouse - Functional industrial property with secure yard on 1.95 acres.
Where is this warehouse located?
The property is located at 32920 Walt Basset Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $1,970,000.
What are key features of this property?
This property features: 1.95 acre site; Secure, fully fenced yard; Excellent vehicular circulation
