Multi-Use Flex and Retail
For Sale
$2,350,000
4106 Outlook Blvd, Pueblo, CO 81008
Multi-use building on 2.6 acres with Highway 50 visibility and B-3 zoning allowing retail, office, medical, and more.
Property Size23,534 SF
Price / SF$99.86
Days on Market433
Property Features for 4106 Outlook Blvd
General Information
Standard status
Active
Size
23,534 SF
Property subtype
General Commercial
Amenities
3
B-3
1342x807
Building Details
Year Built
2004
Stories
1
Listing Agency:
RE/MAX Of Pueblo Inc
(719) 546-1717
Listed By:
Kevin Barickman · License #100000431
(719) 240-0809
Source:
Xome
Added: Jun 30, 2025
Changed: Sep 1
Last Checked: Sep 4 at 3:43AM
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 RE/MAX Of Pueblo Inc
Investment Insights
Based on property information with market context.
A multi-use commercial property offering flexibility for a range of uses, including flex space, retail, office, medical, hospitality, and automotive-related operations. The building size is listed as 23,000+ square feet, sitting on 2.6 acres.
Located at 4106 Outlook Blvd in Pueblo, the property is positioned for visibility from Highway 50, with the remarks noting high traffic counts along the corridor. The B-3 zoning designation further supports a broad mix of commercial, service, and redevelopment possibilities.
Located at 4106 Outlook Blvd in Pueblo, the property is positioned for visibility from Highway 50, with the remarks noting high traffic counts along the corridor. The B-3 zoning designation further supports a broad mix of commercial, service, and redevelopment possibilities.
Key Highlights
- 23,000+ SF multi‑use building on 2.6 acres
- B‑3 zoning allows retail, office, medical, flex space, hospitality, automotive, and redevelopment
- Highway 50 visibility with good visibility per remarks
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$111,677
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,233,540
$2.2M
Cap Rate 7%
$1,595,386
$1.6M
Cap Rate 9%
$1,240,856
$1.2M
Market Conditions
NOI Build-Up for 23,534 SF
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.
Gross rent
$163.8K $6.96/SF
− Vacancy
−$4.3K −$0.18/SF
EGI
$159.5K $6.78/SF
− OpEx
−$47.9K −$2.03/SF
NOI
$111.7K $4.75/SF
Area
Pueblo, CO
Vacancy
2.60%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,233,540
Cap Rate 7%
$1,595,386
Cap Rate 9%
$1,240,856
Alternative Uses
Best Use
Industrial
$1.60M
$1.40M – $1.86M
NOI $111,677 @ 7.0% cap · market cap 4.75%
Second Best
Flex RnD
$1.48M
$1.30M – $1.73M
NOI $103,700 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$4.90M
$4.29M – $5.72M
NOI $343,282 @ 7.0% cap · market cap 14.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,066
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81008, CO
11,868
Population
5,302
Households
2.2
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
102.2 sq mi
ZIP Area
116
Density / Sq Mi
$68,389
Median Household Income
$45,445
Median Earnings
$1,396
Median Rent
$280,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Multi-use building on 2.6 acres with Highway 50 visibility and B-3 zoning allowing retail, office, medical, and more.
Where is this flex space located?
The property is located at 4106 Outlook Blvd Pueblo, CO.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 23,000+ SF multi‑use building on 2.6 acres; B‑3 zoning allows retail, office, medical, flex space, hospitality, automotive, and redevelopment; Highway 50 visibility with good visibility per remarks
