Pueblo Retail Redevelopment
424 W City Center Dr Pueblo, CO
424 W City Center Dr, Pueblo, CO, 00000
Contact for pricing
For Sale
Contact for pricing
Class A location along the River Walk in Pueblo.
Property Size6,435 SF
Lot Size1.47 Acres
Price / SF$114.22
Days on Market383
Property Features for 424 W City Center Dr
General Information
- Standard status
- Active
- Size
- 6,435 SF
- Lot size
- 1.47 Acres
- Property subtype
- RETAIL
Listing Agency
Pinnacle Real Estate Advisors
(303) 962-9571
Listed by
James (Jamie) Mitchell
(303) 962-9571
Source
Moodyscre
Added: Jun 30, 2025 Checked: Jul 16 at 7:37 am
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 Pinnacle Real Estate Advisors
Investment Insights
Based on property information with market context.
This property is a retail space located in a Class A location along the River Walk in Pueblo. It presents a redevelopment opportunity and can be sold separately as owner-user deals. Additional lots are available for sale. All buildings are listed under $56 per square foot. The property size is 6,435 square feet.
Key Highlights
- Class A Pueblo Location along the River Walk
- Great redevelopment play
- All buildings listed under $56 /SF
Local Financial Insights For Retail
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 | $89.6k | $13.92 |
| − Vacancy | −$4.9k | −$0.77 |
| EGI | $84.6k | $13.15 |
| − OpEx | −$25.4k | −$3.95 |
| NOI | $59.3k | $9.21 |
6,435 SF · lease $13.92/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$846.5K
$740.7K – $987.6K
NOI $59,254 @ 7.0% cap · market cap 8.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,865 @ 7.0% cap · market cap 12.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Storefront property - Class A location along the River Walk in Pueblo.
Where is this storefront property located?
The property is located at 424 W City Center Dr Pueblo, CO.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Class A Pueblo Location along the River Walk; Great redevelopment play; All buildings listed under $56 /SF
