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Property profile & analytics
OFF-MARKET
Estimated value
$1,785,000
Office buildings
401 Main St, Pueblo, CO 81003-3122
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-0041938
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
65,280 SF
Lot
0.62 ac (26,796 SF)
Zoning code
B4:COMM/REG BUS DIST
APN
536116003
UPID
US13-0041938
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
$1.79M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.79M
Owner & transaction history
Two Khings Development LLC · 2 yrs held
Two Khings Development LLC
since 2024
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
B4:COMM/REG BUS DIST · 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
Method
Estimation
Statistic approach
$1,785,000
ML approach
$1,785,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.79M
Range $1.61M – $1.96M · ±10% · vs last sale $1.79M (May 14 2024)
Last sale anchor
$1.79M
May 14 2024
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
$27 / 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
$25,248
Tax year 2023
Assessed value
$256,090
Assessed 2023
Previous assessed
$256,090
+0.0% YoY
Effective rate
9.86%
On assessed value
Assessed land
$37,380
Assessed improvement
$218,710
Land market value
$133,980
Improvement market value
$783,905
Total market value
$917,885
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Stories
4
Total area
65,280 SF
Lot
0.62 ac (26,796 SF)
Zoning code
B4:COMM/REG BUS DIST
APN
536116003
UPID
US13-0041938
Jurisdiction
PUEBLO
Zoning & alternative use
B4:COMM/REG BUS DIST · Pueblo, CO
Zoning B4:COMM/REG BUS DIST · permitted uses
B4:COMM/REG BUS DIST · 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
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Stories
4
Lot
0.62 ac
Current owner
From public records · entity-resolved
Two Khings Development LLC
Entity
Mailing address
1511 YUMA ST APT #4, COLORADO SPRINGS, CO 80909-3069
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2024
$1,785,000
Two Khings Development LLC
Pueblo Land LLC
Special Warranty Deed
$1,550,000 · Pueblo Land LLC
Sep 10, 2019
—
Theodore C Knowles
—
Deed
related
$1,253,782 · Midtown Rlllp
Jun 14, 2017
—
Theodore C Knowles
—
Deed
related
$1,124,191 · Midtown Rlllp
Jan 18, 2012
—
Pueblo Land LLC
Knowles,theodore C
Quit Claim Deed
related
—
Jul 31, 2007
$925,000
Theodore C Knowles
Midtown Rlllp
Warranty Deed
$740,000 · Midtown Rlllp
Sep 19, 2005
$1,100,000
Midtown Rlllp
Leach Family
Warranty Deed
—
—
—
Theodore C Knowles
—
Loan Modification
related
$1,253,782 · Midtown Rlllp
—
—
Theodore C Knowles
—
Loan Modification
related
$942,085 · Midtown Rlllp
—
—
Theodore C Knowles
—
Loan Modification
related
$1,124,191 · Midtown Rlllp
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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