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    Property profile & analytics

    1 Magnuson Ave Pueblo, CO 81001-4889

    • Manufacturing properties
    • 36,825 SF
    • 8.23 lot acres
    OFF-MARKET
    Last Sale
    Jan 05, 2021
    Value Estimations
    $2,815,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0741340
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Magnuson / Logistics Company

    Property Details for 1 Magnuson Ave

    Year built
    1992
    Construction
    STEEL FRAME
    Lot size
    8.23 lot acres
    Property size
    36,825 SF
    Zone code
    I-2
    Property type
    Manufacturing properties
    APN
    425004010
    APU
    425004010

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,910,000
      6.5%
      $2,690,000
      7%
      $2,495,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,612,000
      Market price range: $1.93M - $5.77M
      AI Estimate
      $2,142,000
      Market price range: $623k - $3.26M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $3,285,000
      Current use
      COMMERCIAL (GENERAL)
      $4,370,000
      Change: +33% Conversion: Difficult
      OFFICE BUILDING
      $4,030,000
      Change: +23% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pueblo
    County
    Pueblo
    State
    Colorado
    Longitude
    -104.497
    Latitude
    38.2802
    CBSA code
    39380
    CBSA name
    PUEBLO, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $24,116
    $28,510
    $272,910
    $301,420
    -
    $102,172
    $978,187
    $1,080,359

    Comparable in this City

    • Value Estimation by Request
      0.38 Acres

      921 Geneva Rd

      MANUFACTURING (LIGHT) • 0.38 Acres
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      View Details
    • Value Estimation by Request
      8,883 SF

      165 29Th Ln

      Flex space • 8,883 SF
      165 29Th Ln, Pueblo, CO 81001
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    • Value Estimation
      $2,845,000
      52,752 SF

      145 William White Blvd

      MANUFACTURING (LIGHT) • 52,752 SF
      145 William White Blvd, Pueblo, CO 81001-4869
      View Details
    • Value Estimation
      $650,000
      15,000 SF

      29470 State Hwy 96

      MANUFACTURING (LIGHT) • 15,000 SF
      29470 State Hwy 96, Pueblo, CO 81001-6067
      View Details
    • Value Estimation
      $9,190,000
      128,100 SF

      1 Crazy Fresh Pl

      MANUFACTURING (LIGHT) • 128,100 SF
      1 Crazy Fresh Pl, Pueblo, CO 81001-4814
      View Details
    • Value Estimation
      $715,000
      16,275 SF

      126 27th 14th Th Ln

      MANUFACTURING (LIGHT) • 16,275 SF
      126 27th 14th Th Ln, Pueblo, CO 81001-6006
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Pueblo Food Production Plant

      125,860 SF food production plant with refrigerated and frozen storage.
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    • $295,000
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      Pueblo Industrial Opportunity For Sale

      Versatile industrial property with excellent access and flexible layout.
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      14,946 SF

      Service-Industrial Asset with Fenced Yard

      Functional industrial property with secure yard on 1.95 acres.
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    • $60,000
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      Pueblo Land For Sale

      1.24 acre commercial land available in Pueblo, Colorado.
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      Residential Land in Pueblo's Vistas

      Build-ready lots with mountain views near Walking Stick Golf Course.
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      Land in Premier Pueblo Community

      Residential land for custom home with mountain and city views.
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    Similar Nearby for Lease

    • $6 SF/Yr
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      Pueblo Industrial Warehouse Portfolio

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      108,900 SF

      Pueblo Commercial Land for Lease

      2.5+- acre commercial land for lease in Pueblo, Colorado.
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    • $10 SF/Yr
      1,632 SF

      Pueblo Office/Warehouse Space For Lease

      Versatile office/warehouse space with drive-in doors and outdoor storage.
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    • Contact for pricing
      261,360 SF

      Pueblo Commercial Building with Yard

      5,000 SF metal building on 6 acres with yard.
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    • $8 SF/Yr
      81,423 SF

      1004-1114 Constitution Rd

      Storefront properties • 81,423 SF
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      View Details
    • Contact for pricing
      35,668 SF

      Retail Space in Pueblo, Colorado

      Former Wal-Mart center with 35,668 SF available for lease.
      737-755 Desert Flower Blvd, Pueblo, CO 81001
      View Details
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    Pueblo, CO 81001-4889
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    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
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