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Property profile & analytics
FOR LEASE
Individual retail properties
3217 Lake Ave Pueblo, CO 81004
Entity Owned
3-yr Hold
Free & Clear
Property ID
US13-0724242
For Lease
1 / 13
Contact for pricing
3217 Lake Ave, Pueblo, CO 81004
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Property profile
Verified
Property type
Individual retail properties
Use group
CANNABIS DISPENSARY
Year built
1985
Construction
STEEL FRAME
Total area
3,200 SF
Lot
5.08 ac (221,400 SF)
Zoning code
I-2
APN
1514400003
UPID
US13-0724242
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
3217 Lake Avenue LLC · 3 yrs held
3217 Lake Avenue LLC
since 2022
7 recorded transactions
Zoning & alternative use
I-2 · Pueblo, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$14,873
Tax year 2023
Assessed value
$153,160
Assessed 2023
Previous assessed
$137,600
+11.3% YoY
Effective rate
9.71%
On assessed value
Assessed land
$49,220
Assessed improvement
$103,940
Land market value
$176,400
Improvement market value
$372,553
Total market value
$548,953
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
Individual retail properties
Use group
CANNABIS DISPENSARY
Status
For Lease
Year built
1985
Construction
STEEL FRAME
Heating
SPACE
Buildings
2
Stories
1
Total area
3,200 SF
Lot
5.08 ac (221,400 SF)
Zoning code
I-2
APN
1514400003
UPID
US13-0724242
Jurisdiction
PUEBLO
Zoning & alternative use
I-2 · Pueblo, CO
Zoning I-2 · permitted uses
I-2 · 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.
Building & site characteristics
From public records
Year built
1985
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
2
Lot
5.08 ac
Current owner
From public records · entity-resolved
3217 Lake Avenue LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1191 W NEWPORT CTR DR, DEERFIELD BEACH, FL 33442-7732
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2022
—
3217 Lake Avenue LLC
Polliwog Farms LLC
Warranty Deed
—
Jul 20, 2020
$750,000
Polliwog Farms LLC
3217 Lake Avenue LLC
Warranty Deed
$2,700,000 · 3217 Lake Ave LLC
Oct 30, 2014
$250,000
3217 Lake Ave LLC
Tiff Dog LLC
Grant Deed
—
Mar 8, 2010
$1,300,000
Tiff Dog LLC
Pueblo Kennel Assn
Grant Deed
—
—
—
Tiff Dog LLC
—
Deed Of Trust
related
$505,118 · Colorado E Bank & Trust
—
—
Kennel Assn Pueblo
—
Deed Of Trust
related
—
—
—
Tiff Dog LLC
—
Deed Of Trust
related
$600,000 · Colorado E Bank & Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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