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Property profile & analytics
OFF-MARKET
Estimated value
$11,015,000
Individual retail properties
717 Industrial Blvd, Pueblo West, CO 81007-1592
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-0850614
Property summary
AI-generated overview
This exceptional 108,756-square-foot industrial property, located at 717 E Industrial Blvd in Pueblo West, Colorado, presents a significant opportunity for businesses seeking a versatile and expansive space. Built in 2004 and renovated in 2020, this single-tenant building sits on a generous 6.22-acre lot with ample frontage on Industrial Blvd. The property boasts a range of features suitable for various industrial operations, including refrigerated/cold storage, manufacturing, flex space, warehousing, and distribution. The building features a single story with impressive ceiling heights ranging from 33 to 47 feet, providing significant vertical space for operations. Loading and unloading are facilitated by 11 loading docks, including 10 dock-high doors and one drive-in door. With 109 total parking spaces, ample room is available for employees and visitors. The property is zoned I-2 and is situated within the Colorado East Area submarket of Pueblo County (zip code 81007). This property offers a unique combination of size, functionality, and location, making it an attractive option for a variety of industrial businesses. The property is currently vacant and ready for immediate occupancy.
Property profile
Verified
Property type
Individual retail properties
Use group
CANNABIS DISPENSARY
Year built
2004
Construction
STEEL FRAME
Total area
107,280 SF
Lot
6.22 ac (270,943 SF)
Zoning code
I-2
APN
506010001
UPID
US13-0850614
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
$9.82M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.54M
Blend (final)
Blend
$11.02M
Owner & transaction history
Gemn Private Equity Fund LP · 3 yrs held
Gemn Private Equity Fund LP
since 2023
Last sale
$12.5M
7 recorded transactions
Zoning & alternative use
I-2 · Pueblo West, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$14.1M
+42.1%
Commercial (general)
$13.7M
+38.3%
Office building
$11.7M
+18.3%
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 West submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pueblo West 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
$12,710,000
ML approach
$9,815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CANNABIS DISPENSARY
$9,925,000
Current use
WAREHOUSE, STORAGE
$14,105,000
Change: +42% · Conversion: Difficult
COMMERCIAL (GENERAL)
$13,730,000
Change: +38% · Conversion: Difficult
OFFICE BUILDING
$11,740,000
Change: +18% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$9,565,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$11.02M
Range $9.91M – $12.12M · ±10% · vs last sale $12.50M (Jan 9 2023)
Last sale anchor
$12.50M
Jan 9 2023
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
$103 / 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
$126,785
Tax year 2023
Assessed value
$1,273,200
Assessed 2023
Previous assessed
$1,108,190
+14.9% YoY
Effective rate
9.96%
On assessed value
Assessed land
$113,390
Assessed improvement
$1,159,810
Land market value
$406,414
Improvement market value
$4,157,013
Total market value
$4,563,427
Applied tax rate
70.0000
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
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
107,280 SF
Lot
6.22 ac (270,943 SF)
Zoning code
I-2
APN
506010001
UPID
US13-0850614
Jurisdiction
PUEBLO
Zoning & alternative use
I-2 · Pueblo West, CO
Zoning I-2 · permitted uses
I-2 · Pueblo West, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pueblo West. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
CANNABIS DISPENSARY Current
Est. value
$9.9M
WAREHOUSE, STORAGE
Est. value
$14.1M
COMMERCIAL (GENERAL)
Est. value
$13.7M
OFFICE BUILDING
Est. value
$11.7M
INDUSTRIAL (GENERAL)
Est. value
$9.6M
CANNABIS DISPENSARY Current
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
6.22 ac
Current owner
From public records · entity-resolved
Gemn Private Equity Fund LP
Entity
Mailing address
10465 PARK MDWS DR STE #107, LONE TREE, CO 80124-5320
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2025
—
Gem Private Equity Fund LP
—
Deed
related
$5,000,000 · Gallacher Capital Management LLC
Jan 9, 2023
—
Gemn Private Equity Fund LP
Whole Hemp Compnay LLC
Foreclosure
related
—
Nov 15, 2019
—
Whole Hemp Co LLC
—
Deed
related
$3,500,000 · Gem Private Equity Fund II LP
Feb 11, 2019
$12,500,000
Whole Hemp Co LLC
Andrews Family Lllp
Grant Deed
$17,500,000 · Gem Private Equity Fund LP
Feb 15, 2017
—
Andrews Family Lllp
—
Deed
related
$4,500,000 · Tbk Bank Ssb
—
—
Whole Hemp Co LLC
—
Loan Modification
related
$20,000,000 · Gem Private Equity Fund LP
—
—
Whole Hemp Co LLC
—
Deed Of Trust
related
$3,500,000 · Gem Private Equity Fund II LP
—
—
Andrews Family Lllp
—
Deed Of Trust
related
$4,600,000 · Silver State Bank
—
—
Andrews Family Lllp
—
Deed Of Trust
related
$1,790,000 · Front Range Regular Economic
—
—
Andrews Family Lllp
—
Deed Of Trust
related
$2,800,000 · General Electric Capital Corp
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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