Multi-Level Mixed-Use
New
For Sale
$385,000
6685 State HWY 165, Colorado City, CO 81019
Commercial Sale, Colorado City, CO
Property Size1,592 SF
Lot Size0.53 Acres
Price / SF$241.83
Days on Market2
Property Features for 6685 State HWY 165
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CC
Parking features
Paved or Surfaced
Subdivision
Colorado City
Lot features
Free Standing, Neighborhood Business District
Elementary school
70
Middle school
70
High school
70
Standard status
Active
APN
4617139007
Size
1,592 SF
Lot size
0.53 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 2 UNIT 39 COLORADO CITY AMENDED
Tax Annual Amount
7953
Legal Description
LOT 2 UNIT 39 COLORADO CITY AMENDED
Utilities
Heating system
Forced Air, Propane (Heating)
Water source
Public
Building Details
Year built
1999
Floors in Building
2
Listing Agency:
Southern Colo RE Brokers
(719) 507-9520
Listed By:
Stephanie Bratcher · License #FA100086380
(719) 424-9237
Added: Oct 9
Last Checked: Oct 10 at 11:06AM
MLS# 242705
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 1,592-square-foot mixed-use property contains five units across multiple levels and was built in 1999. Occupancy is approximately 70%, with one vacant unit offering two levels of space. Existing uses include a donut shop, real estate office, food truck, and professional office. An outdoor dining area, a freestanding storage shed, and paved parking are also part of the property. The 0.53-acre site includes an unpaved area of one-third acre at the rear.
Located at 6685 State Highway 165, the property is next to I-25 Exit 74. It is zoned CC and served by public water, with forced-air and propane heating.
Located at 6685 State Highway 165, the property is next to I-25 Exit 74. It is zoned CC and served by public water, with forced-air and propane heating.
Key Highlights
- Five‑unit, multi‑level property with approximately 70% occupancy
- 1,592 square feet on a 0.53‑acre site
- One vacant unit includes two levels of space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,510
Cap Rate
5.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$450,200
$450.2K
Cap Rate 7%
$321,571
$321.6K
Cap Rate 9%
$250,111
$250.1K
Market Conditions
NOI Build-Up for 1,592 SF
Gross rent
$33.8K $21.24/SF
− Vacancy
−$1.7K −$1.04/SF
EGI
$32.2K $20.20/SF
− OpEx
−$9.6K −$6.06/SF
NOI
$22.5K $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 Rate 5%
$450,200
Cap Rate 7%
$321,571
Cap Rate 9%
$250,111
Alternative Uses
Best Use
Retail
$321.6K
$281.4K – $375.2K
NOI $22,510 @ 7.0% cap · market cap 5.85%
Second Best
Mixed Use
$221.1K
$193.4K – $257.9K
NOI $15,474 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$331.7K
$290.3K – $387.0K
NOI $23,222 @ 7.0% cap · market cap 6.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
70%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 81019, CO
2,022
Population
859
Households
2.4
Avg Household Size
49
Median Age
18%
College-Educated
93%
High-School Grad
13.1 sq mi
ZIP Area
154
Density / Sq Mi
$41,625
Median Household Income
$26,855
Median Earnings
$1,270
Median Rent
$229,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Current occupants include food service, real estate, and professional office uses, with one unit vacant.
Where is this mixed-use property located?
The property is located at 6685 State HWY 165 Colorado City, CO.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Five‑unit, multi‑level property with approximately 70% occupancy; 1,592 square feet on a 0.53‑acre site; One vacant unit includes two levels of space
