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Property profile & analytics
FOR SALE
Individual retail properties
157 East Industrial Blvd Pueblo West, CO 81007
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US13-1852876
For Sale
1 / 4
$649,000
157 East Industrial Blvd, Pueblo West, CO 81007
View Listing →
Property profile
Verified
Property type
Individual retail properties
Use group
CANNABIS DISPENSARY
Year built
2016
Total area
8,400 SF
Lot
1.64 ac (71,438 SF)
APN
601005022
UPID
US13-1852876
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.67M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.65M
Owner & transaction history
124 South El Paso LLC · 6 yrs held
124 South El Paso LLC
since 2020
Last sale
$1.6M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.1M
+42.1%
Commercial (general)
$1.1M
+38.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pueblo West submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pueblo West submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,660,000
ML approach
$1,665,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,105,000
Change: +42% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,075,000
Change: +38% · Conversion: Difficult
Blend value · Realmo final
$1.65M
Range $1.48M – $1.81M · ±10% · vs last sale $1.63M (Mar 2 2020)
Last sale anchor
$1.63M
Mar 2 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$196 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,732
Tax year 2023
Assessed value
$87,110
Assessed 2023
Previous assessed
$78,990
+10.3% YoY
Effective rate
10.02%
On assessed value
Assessed land
$18,300
Assessed improvement
$68,810
Land market value
$65,600
Improvement market value
$246,645
Total market value
$312,245
Applied tax rate
70.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Individual retail properties
Use group
CANNABIS DISPENSARY
Status
For Sale
Year built
2016
Heating
SPACE
Stories
1
Total area
8,400 SF
Lot
1.64 ac (71,438 SF)
APN
601005022
UPID
US13-1852876
Jurisdiction
PUEBLO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Heating
SPACE
Stories
1
Lot
1.64 ac
Current owner
From public records · entity-resolved
124 South El Paso LLC
Entity
Mailing address
1027 VIS GRANDE DR, COLORADO SPRINGS, CO 80906-5827
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2020
$1,630,000
124 South El Paso LLC
Agassiz Investments LLC
Warranty Deed
$400,000 · 5star Bank
Mar 5, 2018
—
Bobby Beckstrom & Agassiz Invs
—
Trustees Deed
related
$66,000 · Genova Construction INC
Mar 17, 2016
—
W J Faris
S & T Properties LLC
Quit Claim Deed
related
—
Oct 14, 2015
—
James M Sena
Sena,james M
Quit Claim Deed
related
—
Jan 13, 2015
$120,000
Bobby Beckstrom
Nicholas Christensen
Warranty Deed
$85,000 · Nicholas Christensen
Apr 23, 2014
$75,000
Nicholas Christensen
Richard Barile
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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