24 Research Dr Pueblo, CO 81007
- Warehouses
- 16,700 SF
- 2.00 lot acres
Current Use by Public Records
- Windows America / Window Installation Service / Window Supplier
Property Details for 24 Research Dr
- Year built
- 1971
- Lot size
- 2.00 lot acres
- Property size
- 16,700 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
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
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pueblo
- County
- Pueblo
- State
- Colorado
- Longitude
- -104.734
- Latitude
- 38.3346
