Versatile Property with Business
For Sale
Contact for pricing
58 N Mission Dr, Pueblo West, CO
Expansive property with business setup, land, and well-maintained building.
Property Size4,289 SF
Lot Size1.05 Acres
Price / SF$303.10
Days on Market671
Property Features for 58 N Mission Dr
General Information
Standard status
Active
Size
4,289 SF
Lot size
1.05 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Colorado Foothill Properties
(719) 231-1128
Listed By:
Tyson Liese
(719) 231-1128
Source:
Moodyscre
Added: Oct 11, 2024
Changed: Aug 8
Last Checked: Aug 12 at 11:52AM
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 Colorado Foothill Properties
Investment Insights
Based on property information with market context.
This property presents a business opportunity with a comprehensive real estate package that includes a business setup, expansive land, and a well-maintained building. The 3200-square-foot building is equipped with three overhead doors and four operational auto lifts. It also features an air compressor and exhaust pipe bender. An environment-friendly solar system provides electricity. The property includes a rotor grinder and workbenches, as well as on-site office space. A two-bedroom, one-bath apartment offers living accommodations. The gated parking area provides privacy and safety. The one-acre fenced lot enhances operational capacity and outdoor functionality. Three covered carports and four storage sheds augment utility and storage capability. An additional large storage unit is located at the rear of the property. A 750-square-foot space is devoted to specialized services like window tinting and auto wraps.
Key Highlights
- Expansive 3200 sqft building with three overhead doors and a one‑acre fenced lot, enhancing operational capacity.
- Includes a robust business setup with four operational auto lifts, air compressor, and exhaust pipe bender.
- Features a comfortable two‑bedroom, one‑bath apartment for on‑site living.
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
$60,644
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
4.66%
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%
$1,212,880
$1.2M
Cap Rate 7%
$866,343
$866.3K
Cap Rate 9%
$673,822
$673.8K
Market Conditions
NOI Build-Up for 4,289 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
$91.1K $21.24/SF
− Vacancy
−$4.5K −$1.04/SF
EGI
$86.6K $20.20/SF
− OpEx
−$26.0K −$6.06/SF
NOI
$60.6K $14.14/SF
Area
Pueblo County, CO
Vacancy
4.90%
Lease Rate
$21.24 /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%
$1,212,880
Cap Rate 7%
$866,343
Cap Rate 9%
$673,822
Alternative Uses
Best Use
Retail
$866.3K
$758.1K – $1.01M
NOI $60,644 @ 7.0% cap · market cap 4.66%
Second Best
Industrial
$290.8K
$254.4K – $339.2K
NOI $20,353 @ 7.0% cap · market cap 1.57%
Theoretical Best
Office A
$893.7K
$782.0K – $1.04M
NOI $62,562 @ 7.0% cap · market cap 4.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
392
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - Expansive property with business setup, land, and well-maintained building.
Where is this auto shop located?
The property is located at 58 N Mission Dr Pueblo West, CO.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Expansive 3200 sqft building with three overhead doors and a one‑acre fenced lot, enhancing operational capacity.; Includes a robust business setup with four operational auto lifts, air compressor, and exhaust pipe bender.; Features a comfortable two‑bedroom, one‑bath apartment for on‑site living.
