Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5695 Willow Creek Rd Castle Rock, CO 80104

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contract
    $2,895,000

    47 acres with a 21,568 SF insulated, heated barn.

    Property size:
    21,568 SF
    Lot size:
    47.38 Acres

    Property Features for 5695 Willow Creek Rd

    General Information

    Standard status
    Contract
    Size
    21,568 SF
    Lot size
    47.38 Acres

    Building Details

    Year built
    2023

    We can help!

    Listing Contact
    Duane Rademacher
    Duane Rademacher
    Source: Corcoran

    Listing Agency: Mile High Real Estate Listing Agent: Duane Rademacher

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

    Learn more

    Overview

    Unique Douglas County Acreage

    This unique property in Douglas County features 47 acres and a 21,568 square foot insulated, heated, steel barn. The barn includes caretaker's quarters and has no HOA. The main area of the barn spans 20,000 square feet, excluding the ground level and 2-car garage of the caretaker's quarters, and features a solid concrete floor. It is fully insulated and equipped with two overhead heaters and LED lighting. Water is available in the barn, along with a half bath, a storage room, and large bay doors. The barn has 20-foot tall sidewalls. A rear area on the property is finished for parking. The caretaker's quarters include two bedrooms with attached bathrooms, a laundry room, a 2-car garage, an open family room area, and a kitchen. Multiple sites are available to build a custom home. The property is on propane and has electricity in the building and at the midpoint rear of the lot. Starlink internet is transferable. A new well and septic system with an RV dump are installed. The property is fenced. Permitted property uses should be confirmed directly with Douglas County.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Auto Repair Shop Hotel & Motel Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Castle Rock
    County
    Douglas
    State
    Colorado
    Longitude
    -104.792478
    Latitude
    39.3473628

    Nearby Similar for Sale

    • $1,650,000
      0.16 Acres

      Downtown Castle Rock Mixed-Use Property

      Live-work opportunity in a prime, highly visible downtown location.
      422 Elbert St, Castle Rock, CO 80104
      View Details
    • $395,000
      757 SF

      Luxury Garage Condo with Loft

      Premium flex space with garage, loft, and community clubhouse.
      1931 Liggett Rd, Castle Rock, CO 80109
      View Details
    • $829,900
      3,634 SF

      Versatile Industrial Condo in Castle Rock

      3,600 SF double-unit industrial condo in growing Douglas County.
      2274 Manatt Ct #A01, Castle Rock, CO 80104
      View Details
    • $5,675,000

      Immaculate Medical Office Building

      Well-maintained medical office building in desirable Castle Rock location.
      1175 S Perry St, Castle Rock, CO 80104
      View Details
    • $5,400,000

      High-Visibility Castle Rock Commercial Property

      Prime location with I-25 exposure, ideal for medical, office, retail.
      820 Wilcox St, Castle Rock, CO 80104
      View Details
    • $1,125,000

      Office Building For Sale

      Office building available for purchase in Castle Rock, Colorado.
      515 Jerry St, Castle Rock, CO 80104
      View Details
    • $140,000

      Established Nail Spa and Salon

      Nail spa and salon in a rapidly growing community.
      5646 Allen Way, Castle Rock, CO 80108
      View Details
    • $5,400,000

      Prime Location with I-25 Exposure

      Highly visible Castle Rock property with easy I-25 access.
      820 Wilcox St, Castle Rock, CO 80104
      View Details
    • $5,400,000
      2,624 SF

      High-Visibility Castle Rock Commercial Property

      Prime location with I-25 exposure, suitable for office or retail.
      820 Wilcox St, Castle Rock, CO 80104
      View Details
    • $4,050,000

      Immaculately Maintained Medical Office Building

      Excellent location in Castle Rock, well-maintained medical office building.
      1161 S Perry St, Castle Rock, CO 80104
      View Details
    • $12,250,000

      Castle Rock Retail Opportunity

      Retail property in Castle Rock, Colorado, near I-25.
      675 Genoa Way, Castle Rock, CO 80109
      View Details
    • Contact for pricing

      Castle Rock Office Space

      Office property for sale in Castle Rock, Colorado.
      1189 South Perry St, Castle Rock, CO 80104
      View Details

    FAQs

    What type of property is this?
    Specialty property - 47 acres with a 21,568 SF insulated, heated barn.
    Where is this specialty property located?
    The property is located at 5695 Willow Creek Rd Castle Rock, CO.
    What is the asking price?
    The asking price for this property is $2,895,000.
    What are key features of this property?
    This property features: - 21568 sq ft insulated, heated steel barn with 20ft sidewalls and concrete floor.; - 47 acres of land with multiple building sites and no HOA.; - Luxurious caretaker's quarters with 2 bedrooms, 2 bathrooms, 2-car garage, and high-end kitchen.
    (720) 733-0606
    Request Owner's contact information
    5695 Willow Creek Rd Castle Rock, CO 80104
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5695 Willow Creek Rd
    Castle Rock, CO 80104
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    5695 Willow Creek Rd Castle Rock, CO 80104
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Duane Rademacher
    Duane Rademacher
    (720) 733-0606 (303) 550-3173
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!