Sign Up Successful!
You now have access to more from Realmo!
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

    635 W Corona Ave Pueblo, CO 81004

    • Office buildings
    • 20,173 SF
    • 0.74 lot acres
    For Lease
    View listing
    $12 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-2682266
    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

    • Southpoint In Pueblo Colorado / Construction Company
    • Quiet World / Massage Therapist
    • Farmers Insurance - Randy Cordova / Renter'S Insurance Agency / Insurance Agency
    • Clarvida / Foster Care Service / Mental Health Service
    • Garibay Law Office LLC / Criminal Justice Attorney / Immigration Attorney

    Property Details for 635 W Corona Ave

    Year built
    1974
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.74 lot acres
    Property size
    20,173 SF
    Zone code
    B4:COMM/REG BUS DIST
    Property type
    Office buildings
    APN
    536207010
    APU
    536207010

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,552,000
      Market price range: $1.33M - $3.27M
      AI Estimate
      $1,580,000
      Market price range: $1.37M - $3.30M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,210,000
      Current use
      WAREHOUSE, STORAGE
      $2,655,000
      Change: +20% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,950,000
      Change: -12% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $1,800,000
      Change: -19% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Pueblo
    County
    Pueblo
    State
    Colorado
    Longitude
    -104.626
    Latitude
    38.2668
    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
    $19,256
    $27,280
    $179,350
    $206,630
    -
    $97,762
    $642,816
    $740,578

    Comparable in this City

    • Value Estimation by Request
      781 SF

      230 Abriendo Ave

      OFFICE BUILDING • 781 SF
      230 Abriendo Ave, Pueblo, CO 81004-1813
      View Details
    • Value Estimation by Request
      951 SF

      130 Colorado Ave

      OFFICE BUILDING • 951 SF
      130 Colorado Ave, Pueblo, CO 81004-4214
      View Details
    • Value Estimation by Request
      925 SF

      104 Garfield St

      OFFICE BUILDING • 925 SF
      104 Garfield St, Pueblo, CO 81004-1113
      View Details
    • Value Estimation by Request
      3,200 SF

      2040 Lk Ave, Unit 2050

      OFFICE BUILDING • 3,200 SF
      2040 Lk Ave, Pueblo, CO 81004-3536
      View Details
    • Value Estimation by Request
      4,736 SF

      627 Un Ave

      OFFICE BUILDING • 4,736 SF
      627 Un Ave, Pueblo, CO 81004
      View Details
    • Value Estimation by Request
      792 SF

      702 Polk St

      OFFICE BUILDING • 792 SF
      702 Polk St, Pueblo, CO 81004-1350
      View Details

    Similar Nearby for Sale

    • $359,000
      4,792 SF

      Classic Brick Building in Pueblo

      Well-maintained two-story office building in central Pueblo.
      119 Colorado Ave, Pueblo, CO 81004
      View Details
    • $1,250,000
      45,853 SF

      Pueblo Commercial Property

      45,853 SF Mixed-Use Building, Vacant
      1228 Orman Ave, Pueblo, CO 81004
      View Details
    • $269,900
      2,400 SF

      Pueblo Commercial Building on Corner

      Commercial building on corner lot with fenced area and ADA bathrooms.
      1102 E Abriendo Ave, Pueblo, CO 81004
      View Details
    • $1,325,000
      8,627 SF

      Pueblo Office Building Investment

      High-Yield NNN Lease, Downtown Pueblo
      1414 4Th St, Pueblo, CO 81004
      View Details
    • $800,000
      10 SF

      Turnkey Medical Office Space

      Move-in-ready medical office in Pueblo, Colorado, for sale.
      900 Indiana Ave, Pueblo, CO 81004
      View Details
    • $295,000

      Remodeled Commercial Building on Corner

      High-traffic location, remodeled, flexible layout, ready for business.
      923 Lake Ave, Pueblo, CO 81004
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      23,995 SF

      Pueblo Office Space For Lease

      Clean, affordable office space with ample parking in Pueblo.
      635 W Corona St, Pueblo, CO 81004
      View Details
    • $12 SF/Yr
      176 SF

      Office Space Available For Rent

      Office space available for lease in Pueblo, Colorado.
      635 W Corona Ave, Pueblo, CO 81004
      View Details
    • Contact for pricing

      Professional Office Suites For Lease

      Office suites available in a prime Pueblo location.
      1249 E Routt Ave, Pueblo, CO 81004
      View Details
    • Contact for pricing
      68,825 SF

      Retail/Office Space in Pueblo, CO

      Excellent retail or office space in a newer building.
      1285 W Pueblo Blvd, Pueblo, CO 81004
      View Details
    • Contact for pricing

      Retail Space Near St. Mary

      Commercial space in high-traffic area near St. Mary Corwin Hospital.
      1945 Lake Ave, Pueblo, CO 81004
      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.
    635 W Corona Ave
    Pueblo, CO 81004
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.