3329 Elizabeth St Pueblo, CO 81008
- Commercial real estate
- 2.19 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3329 Elizabeth St
- Lot size
- 2.19 lot acres
- Zone code
- B-4
- Property type
- Commercial real estate
- APN
- 513057001
- APU
- 513057001
Description
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.
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
- -104.617
- Latitude
- 38.3044
- CBSA code
- 39380
- CBSA name
- PUEBLO, CO METROPOLITAN STATISTICAL AREA
