Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    311 Lamkin St Pueblo, CO 81003-4401

    • Manufacturing properties
    • 10,240 SF
    • 0.58 lot acres
    OFF-MARKET
    Last Sale
    Sep 24, 2024
    $950,000
    Value Estimations
    $950,000
    Show details
    Cap Rate Potential
    5.1%
    Manufacturing properties
    Location Intelligence
    Property ID
    US13-1051333
    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

    • Marquis Paint and Body / Auto Repair Shop

    Property Details for 311 Lamkin St

    Year built
    2008
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.58 lot acres
    Property size
    10,240 SF
    Zone code
    I-3
    Property type
    Manufacturing properties
    APN
    536321014
    APU
    536321014

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $950,000
      ML approach
      $950,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $810,000
      6.5%
      $750,000
      7%
      $695,000

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $915,000
      Current use
      WAREHOUSE, STORAGE
      $1,345,000
      Change: +47% Conversion: Easy
      OFFICE BUILDING
      $1,290,000
      Change: +42% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,000,000
      Change: +9% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Pueblo
    County
    Pueblo
    State
    Colorado
    Longitude
    -104.617
    Latitude
    38.2647
    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
    $17,068
    $10,540
    $157,210
    $167,750
    -
    $37,777
    $563,483
    $601,260

    Comparable in this City

    • Value Estimation
      $680,000
      14,400 SF

      400 D St

      MANUFACTURING (LIGHT) • 14,400 SF
      400 D St, Pueblo, CO 81003-3449
      View Details
    • Value Estimation
      $940,000
      9,600 SF

      301 C St

      MANUFACTURING (LIGHT) • 9,600 SF
      301 C St, Pueblo, CO 81003-3460
      View Details
    • Value Estimation by Request
      0.12 Acres

      412 2nd St

      MANUFACTURING (LIGHT) • 0.12 Acres
      412 2nd St, Pueblo, CO 81003
      View Details
    • Value Estimation by Request
      5,000 SF

      4305 11th St

      MANUFACTURING (LIGHT) • 5,000 SF
      4305 11th St, Pueblo, CO 81003-3924
      View Details
    • Value Estimation by Request
      2,497 SF

      115 Grand Ave

      MANUFACTURING (LIGHT) • 2,497 SF
      115 Grand Ave, Pueblo, CO 81003
      View Details
    • Value Estimation by Request
      96 SF

      407 City Ctr Dr

      MANUFACTURING (LIGHT) • 96 SF
      407 City Ctr Dr, Pueblo, CO 81003
      View Details

    Similar Nearby for Sale

    • New
      $595,000
      4,224 SF

      Pueblo Commercial Building with Leaseback

      4224 SF commercial building with leaseback opportunity in Pueblo.
      711 W 8Th St, Pueblo, CO 81003
      View Details
    • $125,000
      10,656 SF

      Pueblo Commercial Property For Sale

      10,000+ sq ft commercial property in the heart of Pueblo.
      331 E 4Th St, Pueblo, CO 81003
      View Details
    • Contact for pricing
      17,450 SF

      Warehouse, Showroom, and Office Space

      Warehouse with showroom, office, and outdoor storage with income.
      4231 N Elizabeth St, Pueblo, CO 81003
      View Details
    • $1,100,000
      10,240 SF

      Downtown Industrial Building For Sale

      Over 10,000 sq ft I-2 zoned commercial building.
      311 Lamkin St, Pueblo, CO 81003
      View Details
    • $597,000
      3,120 SF

      Pueblo Commercial Investment Opportunity

      Three parcels with I2 and B3 zoning, great investment opportunity!
      300 N Chester Ave, Pueblo, CO 81003
      View Details
    • Contact for pricing
      126,882 SF

      Downtown Pueblo Warehouse - 126,882 SF

      Spacious Pueblo warehouse, ideal for industrial use.
      205 Elizabeth St, Pueblo, CO 81003
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      360,241 SF

      Pueblo Industrial Property For Rent

      Industrial zoned property with three buildings on 8.27 acres.
      2908 E 4Th St, Pueblo, CO 81003
      View Details
    • Contact for pricing
      1,500 SF

      Pueblo Warehouse with Secure Yard

      Industrial and office space with fenced yard near downtown Pueblo.
      435 E 1St St, Pueblo, CO 81003
      View Details
    • Contact for pricing
      238,709 SF

      Industrial Building on Large Lot

      Updated industrial building on 2.5+- acres with overhead doors.
      2900 W 29Th St, Pueblo, CO 81003
      View Details
    • Contact for pricing

      Retail Space at Pueblo Riverwalk

      Prime retail space in high-traffic Pueblo Riverwalk location.
      Pueblo, CO 81003
      View Details
    • Contact for pricing

      Commercial Space in Pueblo, Colorado

      Variable sized commercial units available for lease in Pueblo.
      801 W 4Th St, Pueblo, CO 81003
      View Details
    • Contact for pricing
      2,173 SF

      Retail Space in Pueblo Crossing

      Retail space available in North Pueblo shopping center.
      5931-5955 N Elizabeth St, Pueblo, CO 81003
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    311 Lamkin St
    Pueblo, CO 81003-4401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!