Commercial Condominium Flex/Industrial
For Sale
Contact for pricing
2280 Manatt Ct D02, Castle Rock, CO 80104
Unit D02 offers flexible storage and showroom or service use with straightforward access to I-25.
Property Size1,625 SF
Price / SF$337.54
Days on Market166
Property Features for 2280 Manatt Ct D02
General Information
Standard status
Active
Size
1,625 SF
Property subtype
INDUSTRIAL
Additional Details
Highway Access
Yes
Listing Agency:
Quiver Investments, LLC
(720) 599-6200
Listed By:
John Witt · License #ER.100037978
(303) 748-8390
Source:
Moodyscre
Added: May 15
Changed: Oct 25
Last Checked: Oct 26 at 8:06PM
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 Quiver Investments, LLC
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Investment Insights
Based on property information with market context.
Unit D02 at 2280 Manatt Court is a commercial condominium offering practical flex-style space for businesses needing storage, retail showroom, industrial, or service-oriented functionality. The unit totals 1,625 square feet and is configured as an individual condominium unit within the larger property.
The location provides convenient access to I-25 through the Plum Creek Avenue interchange. A second interchange at Crystal Valley Parkway is planned to open in 2027, adding another connection point to the area.
Overall, the setup supports a wide range of commercial uses where a compact, standalone condominium unit can be a fit for day-to-day operations.
The location provides convenient access to I-25 through the Plum Creek Avenue interchange. A second interchange at Crystal Valley Parkway is planned to open in 2027, adding another connection point to the area.
Overall, the setup supports a wide range of commercial uses where a compact, standalone condominium unit can be a fit for day-to-day operations.
Key Highlights
- Commercial condominium unit D02 at 2280 Manatt Court near downtown Castle Rock
- Flexible business use for storage, retail showroom, industrial, and service‑oriented operations
- Easy access to I‑25 via the Plum Creek Avenue interchange
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,189
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,780
$463.8K
Cap Rate 7%
$331,271
$331.3K
Cap Rate 9%
$257,656
$257.7K
Market Conditions
NOI Build-Up for 1,625 SF
Gross rent
$33.7K $20.76/SF
− Vacancy
−$607 −$0.37/SF
EGI
$33.1K $20.39/SF
− OpEx
−$9.9K −$6.12/SF
NOI
$23.2K $14.27/SF
Area
Douglas County, CO
Vacancy
1.80%
Lease Rate
$20.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,780
Cap Rate 7%
$331,271
Cap Rate 9%
$257,656
Alternative Uses
Best Use
Industrial
$331.3K
$289.9K – $386.5K
NOI $23,189 @ 7.0% cap · market cap 4.23%
Second Best
Flex RnD
$302.9K
$265.1K – $353.4K
NOI $21,204 @ 7.0% cap · market cap 3.87%
Theoretical Best
Office A
$558.2K
$488.4K – $651.2K
NOI $39,071 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,620
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80104, CO
34,727
Population
13,945
Households
2.5
Avg Household Size
38
Median Age
54%
College-Educated
97%
High-School Grad
70.7 sq mi
ZIP Area
491
Density / Sq Mi
$131,359
Median Household Income
$60,982
Median Earnings
$1,816
Median Rent
$586,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Stack'd Food Truck — 107 E Wolfensberger Rd, Castle Rock, CO 80109
- Plum Creek Catering — 1605. N, Park St, Castle Rock, CO 80109
Frequently Asked Questions
What type of property is this?
Flex space - Unit D02 offers flexible storage and showroom or service use with straightforward access to I-25.
Where is this flex space located?
The property is located at 2280 Manatt Ct D02 Castle Rock, CO.
What is the asking price?
The asking price for this property is $548,500.
What are key features of this property?
This property features: Commercial condominium unit D02 at 2280 Manatt Court near downtown Castle Rock; Flexible business use for storage, retail showroom, industrial, and service‑oriented operations; Easy access to I‑25 via the Plum Creek Avenue interchange
