Entity Owned 
For Sale
1 / 8
$699,000
65 N Laser Dr, Pueblo, CO 81007
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Property summary
AI-generated overview
The property is a one-acre site in Pueblo West, Colorado, secured by a metal chain-link fence with an access gate off Laser Drive. It was configured as a licensed recreational cannabis cultivation facility, previously operating under a Tier 1 recreational cultivation license with a plant count of 1,800. The site includes two structures: a 4,800-square-foot stucco building constructed in 1988 that was used for office, processing, and cultivation space, and a 9,844-square-foot fully automated greenhouse built in 2018. The greenhouse features I Grow 800 Link 4 automation for environmental control (temperature, humidity, and blackout cloth) and includes 88 Flexstar LED lights for cultivation. The property is served by 3-phase electrical power provided by Black Hills Energy, and it contains infrastructure suitable for controlled-environment cultivation operations; the greenhouse roof had repairs needed.
Property profile
Verified
Property type
Other individual retail properties
Use group
CANNABIS DISPENSARY
Year built
2018
Construction
WOOD FRAME
Total area
9,844 SF
Lot
1 ac (43,560 SF)
Zoning code
I-2
APN
507009012
UPID
US13-2183606
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Food Processing Plant
-
Construction Company
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.48M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.48M
Owner & transaction history
since 2020
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
I-2 · Pueblo West, CO
Top alternative use upside
Warehouse, storage
$1.3M
+42.1%
Commercial (general)
$1.3M
+38.3%
Office building
$1.1M
+18.3%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$1.48M
Value range
$1.33M – $1.62M
±10% around blend
Estimated value / SF
$150 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$1.33M
blend $1.48M
$1.62M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
9,844 SF
Lot area
1 ac
Year built
2018
Stories
1
APN
507009012
Zoning
I-2
Assessed value
$132,020
Annual tax
$13,233
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.48M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 33 sales
$93
+62%
County 35 sales
$97
+54%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $150/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Warehouse, Storage
Gross theoretical uplift
+42%
vs current-use indication
Commercial (general)
Office Building
Cannabis Dispensary · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.45M
Move the market yield to see immediate price impact.
Value / SF
$147
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$91k
$1.83M
$1.30M
$1.02M
$102k
$2.03M
$1.45M
$1.13M
$112k
$2.23M
$1.59M
$1.24M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,233
Tax year 2023
Assessed value
$132,020
Assessed 2023
Previous assessed
$125,330
+5.3% YoY
Effective rate
10.02%
On assessed value
Assessed land
$11,160
Assessed improvement
$120,860
Land market value
$40,000
Improvement market value
$433,173
Total market value
$473,173
Applied tax rate
70.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other individual retail properties
Use group
CANNABIS DISPENSARY
Status
For Sale
Year built
2018
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
9,844 SF
Lot
1 ac (43,560 SF)
Zoning code
I-2
APN
507009012
UPID
US13-2183606
Jurisdiction
PUEBLO
Zoning & alternative use
I-2 · Pueblo West, COZoning I-2 · permitted uses
I-2 · Pueblo West, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Lot
1 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I-2
Jurisdiction
Pueblo West, CO
Recorded code
I-2
Ownership Intelligence
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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