Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1004 Constitution Rd Pueblo, CO 81001
    Property profile & analytics

    1004 Constitution Rd, Pueblo, CO 81001

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kay's Nails & Spa. / Nail Salon

    Property Details for 1004 Constitution Rd

    Property type
    Retail properties & Spaces

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pueblo
    County
    Pueblo
    State
    Colorado
    Longitude
    -104.595
    Latitude
    38.2884

    Comparable in this City

    • Value Estimation by Request
      14,264 SF

      29050 State Hwy 96

      NURSERY, GREENHOUSE, FLORIST
      29050 State Hwy 96, Pueblo, CO 81001-6067
      View Details
    • Value Estimation by Request
      700 SF

      90 000 Eearnings Pueblo Co Ice Cream Shop With Real Est

      Restaurants
      90 000 Eearnings Pueblo Co Ice Cream Shop With Real Est, Pueblo, CO 81001
      View Details
    • Value Estimation by Request
      81,423 SF

      1004-1114 Constitution Rd

      Individual retail properties
      1004-1114 Constitution Rd, Pueblo, CO 81001
      View Details
    • Value Estimation by Request
      3,296 SF

      3035 4th St

      CANNABIS DISPENSARY
      3035 4th St, Pueblo, CO 81001-4211
      View Details
    • Value Estimation
      $1,960,000
      44,470 SF

      1601 Erie Ave

      CANNABIS DISPENSARY
      1601 Erie Ave, Pueblo, CO 81001-2520
      View Details
    • Value Estimation
      $700,000
      16,128 SF

      2204 Hickory St

      CANNABIS DISPENSARY
      2204 Hickory St, Pueblo, CO 81001-4226
      View Details

    Similar Nearby for Sale

    • $180,000
      5,964 SF

      Pueblo Commercial Building For Sale

      Versatile commercial building suitable for retail, office, or storage.
      1401 E 8Th St, Pueblo, CO 81001
      View Details
    • $259,900
      2,058 SF

      Turnkey Commercial Garage in Pueblo

      Well-maintained garage space ideal for auto or light industrial use.
      417 N Fountain Ave, Pueblo, CO 81001
      View Details
    • $400,000

      Downtown Pueblo Mixed-Use Building

      Ideally located building suitable for retail, office, or restaurant.
      2100 East 4Th St, Pueblo, CO 81001
      View Details
    • Contact for pricing

      Commercial Lot For Sale

      High-traffic commercial lot suitable for various retail and residential uses.
      Jerry Murphy Rd, Pueblo, CO 81001
      View Details
    • $349,900
      1,638 SF

      Mixed-Use Commercial Space in Pueblo

      Corner lot commercial property with business and living space potential.
      600 E 11Th St, Pueblo, CO 81001
      View Details
    • $80,000
      1,224 SF

      Retail Building with Finished Basement

      1,224 sq.ft. retail building with versatile finished basement.
      618 E 4Th St, Pueblo, CO 81001
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,200 SF

      Retail Space with Ample Parking

      Retail property for rent with 400 surface parking spaces.
      1102-1022 Constitution Rd, Pueblo, CO 81001
      View Details
    • $8 SF/Yr
      13,553 SF

      Retail Space in Belmont Center

      Retail spaces available within established Belmont Shopping Center.
      1004-1114 Constitution Rd, Pueblo, CO 81001
      View Details
    • Contact for pricing

      Highway Visible Land for Lease

      Leasable land with highway visibility and flexible lot sizes.
      Kennie Rd & Hwy 96, Pueblo, CO 81001
      View Details
    • Contact for pricing
      43,560 SF

      Industrial Building with Fenced Yard

      5,000 SF metal building on 1+ acre lot.
      26898 E State Highway 96, Pueblo, CO 81001
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1004 Constitution Rd
    Pueblo, CO 81001
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1004 Constitution Rd, Pueblo, CO, 81001
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!