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    24 Research Dr Pueblo, CO 81007

    Sponsored
    For Sale
    $1,750,000

    Two buildings, high cap rate, owner-user opportunity.

    Property size:
    16,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents two industrial buildings totaling 16,700 square feet situated on a 2-acre fully fenced and secured lot in Pueblo, Colorado. The property consists of four units, with one building located at 24 N. Research Drive and the other at 36 N. Research Drive, both sharing the 81007 zip code. The asking price is $1,750,000, representing a compelling $104 per square foot and a 5.08% cap rate. Each unit is priced at $487,500. The property is zoned Commercial, I-2. Built in 1971 and renovated in 1985, 24 N. Research Drive currently houses a long-term tenant under a NNN lease with an extension option. This provides immediate cash flow for the buyer. The building at 36 N. Research Drive offers flexibility

    Property Features for 24 Research Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    16,700 SF
    Lot Size
    87,120 SF

    Building Details

    Year Built/Renovated
    1971/1985
    Units
    4

    HighLights

    • Two industrial buildings totaling 16,700 square feet on a 2‑acre fenced lot in Pueblo, CO (81007).
    • Asking price: $1,750,000 ($104/SF, 5.08% cap rate).
    • Four units, each priced at $487,500; Commercial I‑2 zoning.
    • 24 N. Research Drive: NNN leased to long‑term tenant with extension option. Recently renovated.
    • 36 N. Research Drive: Flexible use; lease or owner‑occupy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Windows America Window Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pueblo
    County
    Pueblo
    State
    Colorado
    Longitude
    -104.7344692
    Latitude
    38.334622

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    FAQs

    What type of property is this?
    Distribution property - Two buildings, high cap rate, owner-user opportunity.
    Where is this distribution property located?
    The property is located at 24 Research Dr Pueblo, CO.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: Two industrial buildings totaling 16,700 square feet on a 2-acre fenced lot in Pueblo, CO (81007).; Asking price: $1,750,000 ($104/SF, 5.08% cap rate).; Four units, each priced at $487,500; Commercial I-2 zoning.
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    Pueblo, CO 81007
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24 Research Dr Pueblo, CO 81007
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