23
Map
1464 E Gem Dr
About This Property
The lot is flat and fully usable, making it ideal for a custom home, detached garage or workshop, or even a small equestrian setup. Surrounded by established homes yet offering plenty of room to spread out, this property strikes the perfect balance between privacy and community.
Conveniently located with easy access to I-25, you're just minutes from shopping, dining, and everyday amenities while still enjoying the wide-open feel Pueblo West is known for. Whether you're looking to build now, create a small homestead, or secure land in one of Southern Colorado's most steadily growing areas, this property offers flexibility, convenience, and long-term potential.
Don't miss the opportunity to own acreage with utilities in place and room for horses - a rare combination at this price point.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2026 | Sold | ||
| Sold | |||
| Aug 27, 2026 | In contract | - | |
| In contract | |||
| Aug 18, 2026 | Price Decreased |
$21,900
↓ $2K
(8.4%) | |
| Price Decreased | |||
| Apr 30, 2026 | Price Decreased |
$23,900
↓ $1K
(4.4%) | |
| Price Decreased | |||
| Mar 2, 2026 | Listed | $25,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017