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    508 Front St Castle Rock, CO 80104

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    For Sale
    $995,000

    Prime Castle Rock location suitable for single and multifamily residential development.

    Lot size:
    0.27 Acres

    Property Features for 508 Front St

    General Information

    Standard status
    Active
    Lot size
    0.27 Acres

    Source: TRANSWORLD COMMERCIAL REAL ESTATE Agent PHILIP KUBAT

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Castle Rock Multifamily Development Opportunity

    Located on Front Street in Castle Rock, Colorado, the property at 502 Front Street presents opportunities for single family and multifamily residential development. The property benefits from its central location, with convenient access to restaurants, shops, and recreational facilities. The site has fully designed plans for two triplex buildings, making it primed for multifamily development. Front Street is a well-trafficked roadway, providing visibility and access to local residents and visitors. The surrounding neighborhood combines historic buildings and modern developments, contributing to a welcoming community atmosphere. With easy access to Interstate 25, the location allows convenient travel to other parts of the Denver metropolitan area.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Daycare Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Castle Rock
    County
    Douglas
    State
    Colorado
    Longitude
    -104.857376
    Latitude
    39.37522

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    FAQs

    What type of property is this?
    Residential land & home lot - Prime Castle Rock location suitable for single and multifamily residential development.
    Where is this residential land & home lot located?
    The property is located at 508 Front St Castle Rock, CO.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Castle Rock.; - Approved plans for multifamily development (two triplexes).; - Excellent visibility and access on well-trafficked Front Street.
    (303) 981-1936
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    508 Front St Castle Rock, CO 80104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    508 Front St Castle Rock, CO 80104
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