Two-Level Flex
For Sale
$625,000
749 E Enterprise Dr, Pueblo West, CO 81007
Commercial Sale, Pueblo West, CO
Property Size4,000 SF
Lot Size2.52 Acres
Price / SF$156.25
Days on Market139
Property Features for 749 E Enterprise Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CC
Fencing
Fenced
Subdivision
Pueblo West N Of Hwy
Lot features
Corner Lot, Industrial Park, Free Standing
Elementary school
70
Middle school
70
High school
70
Standard status
Active
APN
0507007003
Size
4,000 SF
Lot size
2.52 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 1 BLK 2 TR 249 PUEBLO WEST
Tax Annual Amount
1313
Legal Description
LOT 1 BLK 2 TR 249 PUEBLO WEST
Utilities
Sewer type
Public Sewer
Heating system
Propane (Heating), Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1996
Floors in Building
2
Listing Agency:
Liz and Co Realty
Listed By:
Delma Liz Alvarez,
(719) 203-1190
Added: Apr 28
Changed: Sep 8
Last Checked: Sep 13 at 2:06AM
MLS# 236065
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 flex space includes a 4,000-square-foot building arranged across two levels, with 2,000 square feet on each floor. The interior configuration can accommodate offices, workspace, storage, or other business functions. Central air, forced-air heating, and propane heating serve the building, which was constructed in 1996.
The property occupies a 2.52-acre corner lot along US HWY 50 at 749 E Enterprise Dr in Pueblo West, Colorado. Fencing encloses the site, providing outdoor area for parking, equipment, inventory, or other business-related needs. Public water and public sewer are available, and the property has central air conditioning.
The property occupies a 2.52-acre corner lot along US HWY 50 at 749 E Enterprise Dr in Pueblo West, Colorado. Fencing encloses the site, providing outdoor area for parking, equipment, inventory, or other business-related needs. Public water and public sewer are available, and the property has central air conditioning.
Key Highlights
- 4,000 SF building with 2,000 SF on each level
- 2.52‑acre fenced corner lot along US HWY 50
- Built in 1996
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
$18,981
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
3.04%
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%
$379,620
$379.6K
Cap Rate 7%
$271,157
$271.2K
Cap Rate 9%
$210,900
$210.9K
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
−$8.1K −$2.03/SF
NOI
$19.0K $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 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%
$379,620
Cap Rate 7%
$271,157
Cap Rate 9%
$210,900
Alternative Uses
Best Use
Industrial
$271.2K
$237.3K – $316.4K
NOI $18,981 @ 7.0% cap · market cap 3.04%
Second Best
Flex RnD
$251.8K
$220.3K – $293.8K
NOI $17,626 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$833.5K
$729.3K – $972.4K
NOI $58,346 @ 7.0% cap · market cap 9.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
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
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 - Fenced corner acreage includes adaptable business space, public water, and public sewer.
Where is this flex space located?
The property is located at 749 E Enterprise Dr Pueblo West, CO.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 4,000 SF building with 2,000 SF on each level; 2.52‑acre fenced corner lot along US HWY 50; Built in 1996
