Storefront Property with
New
For Sale
$495,000
4205 N Elizabeth St, Pueblo, CO 81008
Commercial Sale, Pueblo, CO
Property Size2,530 SF
Lot Size0.40 Acres
Price / SF$195.65
Days on Market2
Property Features for 4205 N Elizabeth St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R-6
Fencing
Fenced
Subdivision
Northridge/Eagleridge
Lot features
Interior Lot
Elementary school
60
Middle school
60
High school
60
Standard status
Active
APN
0513000091
Size
2,530 SF
Lot size
0.40 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lengthy metes and bounds
Tax Annual Amount
4533
Legal Description
Lengthy metes and bounds
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
spacious fenced lot
Building Details
Year built
1940
Floors in Building
1
Roof type
Flat, Rubber
Listing Agency:
RE/MAX Of Pueblo Inc · RE/MAX International
(719) 546-1717
Listed By:
The Greg Hahn Sales Team
(719) 585-8747
Added: Sep 22
Last Checked: Sep 23 at 4:06AM
MLS# 242405
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 2,530-square-foot storefront property sits on a 0.398-acre lot and includes eight front parking spaces. The site is fenced, with a flat rubber roof and a building constructed in 1940. Central air, forced-air heating, and natural gas service support the interior, while public water and public sewer serve the property.
The property is positioned along N Elizabeth St in Pueblo and offers exposure to Interstate 25. R-6 zoning is in place. The combination of a visible storefront, dedicated front parking, and a fenced lot provides a straightforward commercial property configuration.
The property is positioned along N Elizabeth St in Pueblo and offers exposure to Interstate 25. R-6 zoning is in place. The combination of a visible storefront, dedicated front parking, and a fenced lot provides a straightforward commercial property configuration.
Key Highlights
- 2,530 square feet on a 0.398‑acre lot
- Eight front parking spaces
- Interstate 25 exposure
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
$23,296
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
4.71%
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%
$465,920
$465.9K
Cap Rate 7%
$332,800
$332.8K
Cap Rate 9%
$258,844
$258.8K
Market Conditions
NOI Build-Up for 2,530 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
$35.2K $13.92/SF
− Vacancy
−$1.9K −$0.77/SF
EGI
$33.3K $13.15/SF
− OpEx
−$10.0K −$3.95/SF
NOI
$23.3K $9.21/SF
Area
Pueblo, CO
Vacancy
5.50%
Lease Rate
$13.92 /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%
$465,920
Cap Rate 7%
$332,800
Cap Rate 9%
$258,844
Alternative Uses
Best Use
Retail
$332.8K
$291.2K – $388.3K
NOI $23,296 @ 7.0% cap · market cap 4.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$527.2K
$461.3K – $615.1K
NOI $36,904 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
829
Businesses Nearby
Balanced
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Sam's Club Floral — 412 Eagleridge Blvd, Pueblo, CO 81008
Frequently Asked Questions
What type of property is this?
Storefront property - Fenced retail property with central air, forced-air heating, and public utilities.
Where is this storefront property located?
The property is located at 4205 N Elizabeth St Pueblo, CO.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 2,530 square feet on a 0.398‑acre lot; Eight front parking spaces; Interstate 25 exposure
