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    1228 Orman Ave Pueblo, CO 81004

    Sponsored
    For Sale
    $1,250,000

    45,853 SF Mixed-Use Building, Vacant

    Property size:
    45,853 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 45,853-square-foot mixed-use property, located at 1228 E Orman Ave, Pueblo, CO 81004, presents a unique redevelopment opportunity. Situated on a substantial 3.72-acre lot, this single-story, 1965-built building is zoned B4 and offers significant potential. Previously utilized as a grocery store and call center, the property boasts ample space adaptable to various uses, including indoor storage, retail, housing, entertainment, restaurants, offices, or amusement. The building features large open areas, break rooms, conference rooms, smaller offices, two loading docks, and updated electrical and lighting systems. Existing infrastructure includes CAT 5 and 6 fiber optic cabling. The asking price is $1,250,000, translating to a remarkably low price per square foot of $27.26. The property is vacant and ready for immediate occupancy. Prior due diligence by previous potential buyers is available. The location on a main thoroughfare and the possibility of state or local redevelopment grants further enhance its appeal. This is a rare opportunity to acquire a large, well-located commercial property in Pueblo at an exceptionally competitive price. A 3D walkthrough and floor plan are available for review.

    Property Features for 1228 Orman Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    45,853 SF
    Class
    C
    Lot Size
    162,043 SF

    Building Details

    Year Built
    1965
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 45,853 SF mixed‑use building on a 3.72‑acre lot in Pueblo, CO.
    • Zoned B4, offering flexible redevelopment potential.
    • $1,250,000 asking price ($27.26/SF).
    • Vacant and ready for immediate occupancy.
    • Main thoroughfare location with potential for state/local redevelopment grants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Concentrix Business To Business Service Advanced ATM Systems ... Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Pueblo
    County
    Pueblo
    State
    Colorado
    Longitude
    -104.62076614312
    Latitude
    38.245058502818

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    FAQs

    What type of property is this?
    Individual retail property - 45,853 SF Mixed-Use Building, Vacant
    Where is this individual retail property located?
    The property is located at 1228 Orman Ave Pueblo, CO.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 45,853 SF mixed-use building on a 3.72-acre lot in Pueblo, CO.; Zoned B4, offering flexible redevelopment potential.; $1,250,000 asking price ($27.26/SF).
    Request Owner's contact information
    1228 Orman Ave 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
    1228 Orman Ave Pueblo, CO 81004
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