For Sale
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Property summary
Prime redevelopment opportunity in the heart of downtown Castle Rock! This 10,498 SF corner double lot sits prominently at the intersection of Fifth Street and Perry Street, offering outstanding visibility, frontage, and accessibility in one of Castle Rock’s most active and walkable areas. Surrounded by a vibrant mix of restaurants, boutique retail, bars, and entertainment venues, this site is perfectly positioned to capture steady foot and vehicle traffic from the thriving downtown corridor. The property’s “B” zoning allows for a wide range of business and commercial uses, providing flexibility for redevelopment into retail, office, mixed-use, or hospitality projects. With its high-traffic location, strong local demographics, and proximity to community amenities, this site presents an exceptional opportunity for investors or developers to create a signature project in one of Colorado’s fastest-growing and most dynamic downtowns. bikeScore: 62, Bikeable walkScore: 77, Very Walkable
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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