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1010 South St Castle Rock, CO 80104

1010 South St, Castle Rock, CO, 80104
Contact for pricing
For Sale
Contact for pricing

Flex space

Property Size1,000 SF
Price / SF$420
Days on Market1395

Property Features for 1010 South St

General Information

Standard status
Active
Size
1,000 SF
Property subtype
Office, Industrial
Listing agency Personal Warehouse & Red Commercial
Listed by Steve Garrison · License #CO
Source Crexi
Added: Sep 26, 2022 Updated: Jul 10 at 3:44PM Checked: Jul 19 at 9:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Personal Warehouse & Red Commercial


Investment Insights

Based on property information with market context.

Key Highlights

  • Customizable Interiors: Adapt the space to suit your business, storage, or recreational needs.
  • Standard Amenities: Includes HVAC, power, and security systems.
  • Unlimited Access: Provides convenient and unrestricted entry to the property.

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $20.8k $20.76
− Vacancy −$374 −$0.37
EGI $20.4k $20.39
− OpEx −$6.1k −$6.12
NOI $14.3k $14.27
1,000 SF · lease $20.76/SF/yr · vacancy 1.80% · expense 30.00%

Alternative Uses

Best Use
Industrial
$203.9K
$178.4K – $237.8K (±1% cap)
NOI $14,270 @ 7.0% cap · market cap 3.40%
Second Best
Flex RnD
$186.4K
$163.1K – $217.5K (±1% cap)
NOI $13,049 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$343.5K
$300.6K – $400.7K (±1% cap)
NOI $24,044 @ 7.0% cap · market cap 5.72%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Locksmith (Bike/Boat/Book/etc) Store Butcher Furniture & Home Goods (Bike/Boat/Book/etc) Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

Where is this flex space located?
The property is located at 1010 South St Castle Rock, CO.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Customizable Interiors: Adapt the space to suit your business, storage, or recreational needs.; Standard Amenities: Includes HVAC, power, and security systems.; Unlimited Access: Provides convenient and unrestricted entry to the property.
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