Industrial Flex Building on Highway
For Sale
$660,000
749 E Enterprise Drive, Pueblo, CO 81007
Turnkey 4,000 SF industrial flex building with central air and bathrooms, plus fenced acreage and 300+ feet of Highway 50 frontage.
Property Size4,000 SF
Lot Size2.52 Acres
Price / SF$165
Days on Market265
Property Features for 749 E Enterprise Drive
General Information
Standard status
Active
Size
4,000 SF
Lot size
2.52 Acres
Property subtype
Commercial/Industrial
Zoning
B-4
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Taxes and HOA fees
Annual Taxes
$13,130
Building Details
Year Built
1996
Listing Agency:
Liz and Company Realty
(719) 203-1190
Listed By:
Delma Liz Alvarez · License #100035513
(719) 565-8146
Source:
Exitrealty
Added: Dec 12, 2025
Changed: Sep 2
Last Checked: Sep 2 at 3:44PM
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.
Located in the heart of Pueblo West’s industrial park, this for-sale industrial flex property includes a 4,000 SF building situated on approximately 2.52 B-4 acres. The main level is described as turnkey, featuring bathrooms and central air. The property is currently tenant occupied, with the option to be delivered vacant.
The site provides over 300 feet of frontage along Highway 50, supported by fenced, vacant acreage surrounding the improvement. The configuration offers a wide array of potential uses, with the property remarks noting retail and automotive options as well as production or warehouse applications.
The surrounding fenced acreage is positioned to support continued flexibility for site-based operations, while the existing structure provides immediate interior functionality for the next owner or operator.
The site provides over 300 feet of frontage along Highway 50, supported by fenced, vacant acreage surrounding the improvement. The configuration offers a wide array of potential uses, with the property remarks noting retail and automotive options as well as production or warehouse applications.
The surrounding fenced acreage is positioned to support continued flexibility for site-based operations, while the existing structure provides immediate interior functionality for the next owner or operator.
Key Highlights
- 2.52 B‑4 acres with a 4,000 SF industrial flex building in Pueblo West’s industrial park
- Over 300 ft of frontage along Highway 50
- Currently tenant occupied but can be delivered vacant
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
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Turnkey 4,000 SF industrial flex building with central air and bathrooms, plus fenced acreage and 300+ feet of Highway 50 frontage.
Where is this flex space 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: 2.52 B‑4 acres with a 4,000 SF industrial flex building in Pueblo West’s industrial park; Over 300 ft of frontage along Highway 50; Currently tenant occupied but can be delivered vacant
