Corner-Lot
For Sale
$660,000
749 E Enterprise Drive, Pueblo, CO 81007
Commercial warehouse with updated electrical, a completed main level, and additional upper-level space for customization.
Property Size4,000 SF
Lot Size2.50 Acres
Price / SF$165
Days on Market11
Property Features for 749 E Enterprise Drive
General Information
Standard status
Active
Size
4,000 SF
Total Parking Spaces
1
Lot size
2.50 Acres
Property subtype
Commercial
Zoning
CC
Site & Location
Road Access
Yes
Outdoor Storage
Yes
Taxes and HOA fees
Annual Taxes
$13,130
Building Details
Building Size
4,000 SF
Year Built
1996
Buildings
1
Stories
2
Units
1
Listing Agency:
Liz and Company Realty
(719) 203-1190
Listed By:
Delma Liz Alvarez · License #100035513
(719) 203-1190
Source:
Coloradopartners
Added: Aug 1
Changed: Aug 2
Last Checked: Aug 10 at 10:45AM
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 Liz and Company Realty
Investment Insights
Based on property information with market context.
Built in 1996, this 4,000-square-foot warehouse occupies a 2.5-acre corner parcel in the Pueblo West industrial corridor. The property combines a finished main level with an unfinished upper level that can be configured for offices, storage, or other workplace functions. Updated electrical service adds to the building’s existing functionality.
The site fronts a high-visibility roadway and provides substantial outdoor area for equipment parking, storage, and potential future expansion. Its corner-lot setting and accessible commercial layout offer a practical foundation for an owner-user, investor, or business requiring both enclosed building space and exterior yard area. The property is located at 749 E Enterprise Drive in Pueblo, Colorado.
The site fronts a high-visibility roadway and provides substantial outdoor area for equipment parking, storage, and potential future expansion. Its corner-lot setting and accessible commercial layout offer a practical foundation for an owner-user, investor, or business requiring both enclosed building space and exterior yard area. The property is located at 749 E Enterprise Drive in Pueblo, Colorado.
Key Highlights
- 4,000‑square‑foot warehouse on a 2.5‑acre corner lot
- Built in 1996 with updated electrical
- Finished main level paired with an unfinished upper level
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
$23,049
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
3.49%
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%
$460,980
$461.0K
Cap Rate 7%
$329,271
$329.3K
Cap Rate 9%
$256,100
$256.1K
Market Conditions
NOI Build-Up for 4,000 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
$27.8K $6.96/SF
− Vacancy
−$724 −$0.18/SF
EGI
$27.1K $6.78/SF
− OpEx
−$4.1K −$1.02/SF
NOI
$23.0K $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%
$460,980
Cap Rate 7%
$329,271
Cap Rate 9%
$256,100
Alternative Uses
Best Use
Warehouse
$329.3K
$288.1K – $384.2K
NOI $23,049 @ 7.0% cap · market cap 3.49%
Second Best
Industrial
$271.2K
$237.3K – $316.4K
NOI $18,981 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$833.5K
$729.3K – $972.4K
NOI $58,346 @ 7.0% cap · market cap 8.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
347
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
Market
Vacancy Rate% for Industrial 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?
Warehouse - Commercial warehouse with updated electrical, a completed main level, and additional upper-level space for customization.
Where is this warehouse located?
The property is located at 749 E Enterprise Drive Pueblo, CO.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: 4,000‑square‑foot warehouse on a 2.5‑acre corner lot; Built in 1996 with updated electrical; Finished main level paired with an unfinished upper level
