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    4038 Dover Rd Pueblo, CO 81004

    For Sale
    $12,200,000

    High-Cap Industrial Warehouse, I-25 Access

    Property size:
    249,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional industrial property, located at 4038 Dover Rd in Colorado City, CO 81004, presents a rare investment opportunity. Boasting 249,200 square feet on a 30.21-acre lot, this warehouse offers a compelling combination of size, functionality, and location. Originally constructed by Columbia Records and later utilized as a Kroger Logistics facility, this building is situated directly on I-25, providing unparalleled access to major transportation routes. The property features 13 loading docks, and impressive ceiling heights ranging from 25 to 38 feet. The warehouse includes approximately 10,000 square feet of two-story office space with expansive views. Further enhancing its versatility, the property includes two refrigerated rooms, each with 50,000 cubic feet of capacity, capable of reaching -20 degrees Celsius. A comprehensive wet fire suppression system is installed throughout the building. The property is zoned I-2 and is offered for sale at $12,200,000, representing a 10.00% cap rate and a price per square foot of $48.96. This is a single-tenant, absolute NNN lease property, ideal for a variety of industrial uses. The property's history, size, location, and unique features make it a truly exceptional investment opportunity in Southern Colorado.

    Property Features for 4038 Dover Rd

    General Information

    Property type
    Refrigerated & Cold Storages
    Square Feet
    249,200 SF
    Lot Size
    1,315,948 SF

    HighLights

    • $12,200,000 asking price for this exceptional industrial property.
    • 249,200 square foot warehouse with refrigerated/cold storage and distribution capabilities.
    • Absolute NNN lease, single‑tenant occupancy.
    • $48.96 price per square foot, offering a 10.00% cap rate.
    • Located on 30.21 acres in Pueblo County, Colorado, zoned I‑2, with convenient I‑25 access.
    • Features 13 loading docks, 38‑foot ceiling heights, and approximately 10,000 square feet of two‑story office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    parrigai Warehouse

    Map

    City
    Pueblo
    County
    Pueblo
    State
    Colorado
    Longitude
    -104.8188265
    Latitude
    37.9356271

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - High-Cap Industrial Warehouse, I-25 Access
    Where is this refrigerated / cold storage located?
    The property is located at 4038 Dover Rd Pueblo, CO.
    What is the asking price?
    The asking price for this property is $12,200,000.
    What are key features of this property?
    This property features: $12,200,000 asking price for this exceptional industrial property.; 249,200 square foot warehouse with refrigerated/cold storage and distribution capabilities.; Absolute NNN lease, single-tenant occupancy.
    Request Owner's contact information
    4038 Dover Rd Pueblo, CO 81004
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    Pueblo, CO 81004
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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
    4038 Dover Rd Pueblo, CO 81004
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