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Manufacturing Building with Leaseback
New
For Sale
$569,000

711 W 8th St, Pueblo, CO 81003

COMMERCIAL - Pueblo, CO

Property Size4,225 SF
Lot Size0.36 Acres
Price / SF$134.71
Days on Market2

Property Features for 711 W 8th St

General Information

Property type Commercial Sale
Property subtype Other
Zoning I-2
Subdivision Northside/Avenues
Lot features Free Standing
Elementary school Pueblo
Middle school Pueblo
High school Pueblo
Standard status Active
APN 0525329004
Size 4,224 SF
Lot size 0.36 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOTS 10, 11 + 12 BLK 19 THATCHER + THOMAS ADD
Tax Annual Amount 3757
Legal Description LOTS 10, 11 + 12 BLK 19 THATCHER + THOMAS ADD

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1956
Floors in Building 1
Roof type Tar/Gravel
Listing Agency: RE/MAX Associates · RE/MAX International
Listed By: Renee Hassebroek · License #100068116
Added: Aug 18 Last Checked: Aug 19 at 6:06AM
MLS# 237349

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 manufacturing building at 711 W 8th St in Pueblo is zoned I-2 and currently used for infused product manufacturing. The facility includes storage areas, a commercial loading dock with wide equipment-access doors, and office space served by central heat and air. Production areas have mini-split units, while the building is heated by forced air and natural gas and cooled by central air.

Recent improvements include an ADA-compliant entry ramp, two ADA bathrooms, and ADA parking. Electrical service consists of twin 200-amp systems totaling 400 amps with three-phase power. Public water and sewer serve the property, and the roof is tar and gravel.

The offering includes a five-year seller leaseback with a personal guarantee and an optional additional five-year leaseback term. The property occupies 0.36 acres and was built in 1956.

Key Highlights

  • I‑2 zoning supports the property’s manufacturing classification
  • Five‑year seller leaseback with personal guarantee and optional additional five‑year term
  • Twin 200‑amp systems provide 400 amps of three‑phase power

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
$24,339
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
4.28%
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%
$486,780 $486.8K
Cap Rate 7%
$347,700 $347.7K
Cap Rate 9%
$270,433 $270.4K
Market Conditions
NOI Build-Up for 4,224 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
$29.4K $6.96/SF
− Vacancy
−$764 −$0.18/SF
EGI
$28.6K $6.78/SF
− OpEx
−$4.3K −$1.02/SF
NOI
$24.3K $5.76/SF
Area
Pueblo, CO
Vacancy
2.60%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
15.00%
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%
$486,780
Cap Rate 7%
$347,700
Cap Rate 9%
$270,433

Alternative Uses

Best Use
Warehouse
$347.7K
$304.2K – $405.7K (±1% cap)
NOI $24,339 @ 7.0% cap · market cap 4.28%
Second Best
Industrial
$286.3K
$250.6K – $334.1K (±1% cap)
NOI $20,044 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$880.2K
$770.2K – $1.03M (±1% cap)
NOI $61,614 @ 7.0% cap · market cap 10.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Tastebudz Bar & Pub

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Pet Grooming Service Grocery & Convenience Store Home Appliance Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,023
Businesses Nearby

Demographics for 81003, CO

15,169
Population
6,233
Households
2.4
Avg Household Size
38
Median Age
18%
College-Educated
80%
High-School Grad
12.2 sq mi
ZIP Area
1,243
Density / Sq Mi
$43,750
Median Household Income
$33,941
Median Earnings
$847
Median Rent
$178,600
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Manufacturing property - Industrial building with dock access, upgraded ADA features, and a five-year leaseback structure.
Where is this manufacturing property located?
The property is located at 711 W 8th St Pueblo, CO.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: I‑2 zoning supports the property’s manufacturing classification; Five‑year seller leaseback with personal guarantee and optional additional five‑year term; Twin 200‑amp systems provide 400 amps of three‑phase power
More about this property
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