403 4Th St Pueblo, CO 81003
- Warehouses
- 11,360 SF
- 0.44 lot acres
Current Use by Public Records
- Affordable Solar Pueblo / Solar Energy Equipment Supplier
Property Details for 403 4Th St
- Year built
- 1896
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.44 lot acres
- Property size
- 11,360 SF
- Zone code
- I-3
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 431214003
- APU
- 431214003
Description
This exceptional mixed-use property, located at 403 E 4th Street in Pueblo, Colorado, presents a high-profile redevelopment opportunity. Comprising two buildings totaling 14,742 square feet on a .44-acre lot (19,384 sq ft), this property offers significant potential for a variety of uses. The main building, constructed in 1896, is a three-story, 11,360 square foot historic brick structure featuring a storefront, basement, exposed brick and timbers, huge windows, and high ceilings. A second three-story, 3,382 square foot grain/hay tower built in 1900 complements the main building. The property boasts 17 parking spaces, two loading docks, and I-3 (Industrial) zoning, allowing for diverse commercial, retail, office, industrial, and even multifamily uses such as breweries, distilleries, event spaces, galleries, apartments, or condominiums. The property is vacant and being sold as-is. Its prime location offers high visibility, easy access to I-25, and proximity to downtown Pueblo and the Historic Arkansas Riverwalk. The City of Pueblo is actively seeking to collaborate with the new owner on the property's future development. A recent survey and Phase 1 environmental report are available. Given the redevelopment nature of this project, a cash transaction is preferred
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $365,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $285,000
- 6.5%
- $255,000
- 7%
- $280,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $305,000
- Geo Method
- $240,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $270,000
- Retail
- $220,000
- Mixed-Use
- $260,000
- Hospitality
- $285,000
- Educational
- $290,000
- Residential Income
- $255,000
- Energy
- $300,000
- Income-Based Land
- $295,000
- Food Service
- $290,000
Location Insight
- Map
- Local Demand
- City
- Pueblo
- County
- Pueblo
- State
- Colorado
- Longitude
- -104.602
- Latitude
- 38.2712
- CBSA code
- 39380
- CBSA name
- PUEBLO, CO METROPOLITAN STATISTICAL AREA
