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Property profile & analytics
OFF-MARKET
Estimated value
$1,120,000
Sports & entertainment properties
2039 Alma Ave Pueblo, CO 81004-3616
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-1291406
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
1980
Total area
14,023 SF
Lot
2.68 ac (116,741 SF)
Zoning code
B-3
APN
1511327002
UPID
US13-1291406
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
$895k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.12M
Owner & transaction history
Bush Commercial Properties LLC · 4 yrs held
Bush Commercial Properties LLC
since 2021
Last sale
$1.3M
5 recorded transactions
Zoning & alternative use
B-3 · Pueblo, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.6M
+34.1%
Commercial (general)
$1.5M
+32.1%
Warehouse, storage
$1.3M
+14.5%
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 submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pueblo 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
$940,000
ML approach
$895,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$1,165,000
Current use
OFFICE BUILDING
$1,565,000
Change: +34% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,540,000
Change: +32% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,335,000
Change: +15% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,230,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$1.12M
Range $1.01M – $1.23M · ±10% · vs last sale $1.33M (Dec 28 2021)
Last sale anchor
$1.33M
Dec 28 2021
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
$80 / 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
$36,778
Tax year 2023
Assessed value
$387,070
Assessed 2023
Previous assessed
$126,070
+207.0% YoY
Effective rate
9.50%
On assessed value
Assessed land
$24,590
Assessed improvement
$362,480
Land market value
$88,140
Improvement market value
$1,299,196
Total market value
$1,387,336
Applied tax rate
60.0000
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
1980
Heating
SPACE
Cooling
EVAPORATIVE
Stories
1
Total area
14,023 SF
Lot
2.68 ac (116,741 SF)
Zoning code
B-3
APN
1511327002
UPID
US13-1291406
Jurisdiction
PUEBLO
Zoning & alternative use
B-3 · Pueblo, CO
Zoning B-3 · permitted uses
B-3 · Pueblo, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pueblo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
INDUSTRIAL (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
1980
Heating
SPACE
Cooling
Yes
Stories
1
Lot
2.68 ac
Current owner
From public records · entity-resolved
Bush Commercial Properties LLC
Entity
Mailing address
PO BOX 559, WASHINGTON, IN 47501-0559
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2021
$1,325,000
Bush Commercial Properties LLC
Kingdom Builder Commercial Prop LLC
Warranty Deed
$1,000,000 · First Financial Bank NA
May 26, 2020
—
Kingdom Builder Commercial Pro
Kingdom Builder Properties LLC
Quit Claim Deed
related
$850,000 · Pb&t Bk
Dec 3, 2019
—
Kingdom Builders Properties LLC
—
Deed
related
$840,000 · Legacy Bank
Nov 18, 2019
—
Kingdom Bldr Coml Prop LLC
Kingdom Builder Properties LLC
Quit Claim Deed
related
—
Mar 29, 2017
$515,000
Kingdom Builder Properties LLC
Pueblo Christian Center Assemb
Warranty Deed
$415,000 · Pueblo Christian Ctr Assemblie
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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