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    3329 Elizabeth St Pueblo, CO 81008

    Sponsored
    For Sale
    $460,000

    2.19-acre fenced industrial lot, high ROI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional investment opportunity in Pueblo, Colorado, presents a 2.19-acre fully fenced industrial land parcel ideally situated off I-25 at the intersection of State Highway 50. This property, located just one block south of Kmart and easily accessible from North Elizabeth Street, boasts a compelling financial profile. Currently leased, generating $36,000 in annual rental revenue and an estimated net operating income (NOI) of $32,200, representing a 7% capitalization rate. The asking price is $460,000, translating to $4.82 per square foot. The lease expires on October 31, 2023, offering immediate income potential and future development possibilities. This prime location provides excellent visibility and convenient access to major transportation arteries, making it an attractive proposition for investors seeking strong returns and long-term growth potential in a thriving industrial market. The property's annual rent bumps ensure consistent income growth. This is a rare opportunity to acquire a high-performing industrial land asset in a strategic location. Don't miss out on this exceptional investment opportunity.

    Property Features for 3329 Elizabeth St

    General Information

    Property type
    Land
    Lot Size
    95,396 SF

    HighLights

    • 7% Cap Rate Investment Opportunity
    • $36,000 Annual Net Rental Income
    • $32,200 Estimated Net Operating Income (NOI)
    • Lease Expires October 2023
    • 2.19‑Acre Fully Fenced Lot
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -104.6168663
    Latitude
    38.3043845

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    FAQs

    What type of property is this?
    Land - 2.19-acre fenced industrial lot, high ROI.
    Where is this land located?
    The property is located at 3329 Elizabeth St Pueblo, CO.
    What is the asking price?
    The asking price for this property is $460,000.
    What are key features of this property?
    This property features: 7% Cap Rate Investment Opportunity; $36,000 Annual Net Rental Income; $32,200 Estimated Net Operating Income (NOI)
    Request Owner's contact information
    3329 Elizabeth St Pueblo, CO 81008
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    Pueblo, CO 81008
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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
    3329 Elizabeth St Pueblo, CO 81008
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