Pueblo West Flex/Warehouse
For Sale
$599,000
69 North Mission Drive, Pueblo West, CO 81007
8,824 SF flex/warehouse on 2 acres in Pueblo West.
Property Size8,824 SF
Lot Size2.00 Acres
Price / SF$67.88
Days on Market218
Property Features for 69 North Mission Drive
General Information
Standard status
Active
Size
8,824 SF
Class
B
Lot size
2.00 Acres
Property subtype
Office
Building Details
Building Size
8,824 SF
Year Built
2001
Listing Agency:
Miramont Commercial Real Estate
Listed By:
Simon Penner
(719) 229-1585
Source:
Miramontcre
Added: Mar 6
Changed: Oct 1
Last Checked: Oct 9 at 6:21PM
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 Miramont Commercial Real Estate
Investment Insights
Based on property information with market context.
This 8,824 square foot building, constructed with steel and CMU, is located in Pueblo West and situated on 2 acres, making it suitable for contractors needing outdoor storage. The property features modern office space and a warehouse with two 10-foot grade-level doors. It includes 17 surface parking spaces, a water feature, and mature landscaping. A large concrete apron provides access and surface parking, complemented by an outdoor park-like break area. The property is currently operated to grow and process marijuana but can be reverted to traditional office warehouse uses. Its architecture and design make it a unique find.
Key Highlights
- 8,824 SF steel and CMU building on 2 acres, suitable for various business uses.
- Ideal for contractors needing outdoor storage.
- Warehouse with two 10' grade‑level doors.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,873
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$837,460
$837.5K
Cap Rate 7%
$598,186
$598.2K
Cap Rate 9%
$465,256
$465.3K
Market Conditions
NOI Build-Up for 8,824 SF
Gross rent
$61.4K $6.96/SF
− Vacancy
−$1.6K −$0.18/SF
EGI
$59.8K $6.78/SF
− OpEx
−$17.9K −$2.03/SF
NOI
$41.9K $4.75/SF
Area
Pueblo County, 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 Rate 5%
$837,460
Cap Rate 7%
$598,186
Cap Rate 9%
$465,256
Alternative Uses
Best Use
Industrial
$598.2K
$523.4K – $697.9K
NOI $41,873 @ 7.0% cap · market cap 6.99%
Second Best
Flex RnD
$555.5K
$486.0K – $648.0K
NOI $38,882 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $128,712 @ 7.0% cap · market cap 21.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
305
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81007, CO
33,263
Population
12,678
Households
2.6
Avg Household Size
42
Median Age
31%
College-Educated
93%
High-School Grad
136.5 sq mi
ZIP Area
244
Density / Sq Mi
$95,419
Median Household Income
$50,572
Median Earnings
$1,319
Median Rent
$371,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - 8,824 SF flex/warehouse on 2 acres in Pueblo West.
Where is this flex space located?
The property is located at 69 North Mission Drive Pueblo West, CO.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 8,824 SF steel and CMU building on 2 acres, suitable for various business uses.; Ideal for contractors needing outdoor storage.; Warehouse with **two 10' grade‑level doors.**
