Downtown Retail
For Sale
Contact for pricing
807 N Wilcox St, Castle Rock, CO 80104
Well-situated retail building in historic downtown Castle Rock with walkable, high-visibility frontage and I-25 commuter access.
Property Size5,407 SF
Price / SF$405.96
Days on Market162
Property Features for 807 N Wilcox St
General Information
Standard status
Active
Size
5,407 SF
Property subtype
RETAIL
Additional Details
Highway Access
Yes
Listing Agency:
Realty One Group Premier
(303) 332-3800
Listed By:
Jeffrey Samuelson
(303) 522-8277
Source:
Moodyscre
Added: Apr 1
Changed: Aug 14
Last Checked: Sep 8 at 5:42AM
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 Realty One Group Premier
Investment Insights
Based on property information with market context.
This for-sale commercial retail building is located in historic Downtown Castle Rock at 807 N Wilcox St. The property is presented as a well-situated, high-visibility option within a walkable downtown environment.
The remarks highlight downtown foot traffic and community activity, with the property positioned between Denver and Colorado Springs and described as having easy commuter access via I-25. The surrounding area is characterized in the materials as a growing, affluent trade area with nearby dining, boutique retail, and community events.
Additional context provided in the offering includes that Castle Rock is a recognized local destination and that regional mobility improvements are being studied, including a Castle Rock/I-25 mobility hub effort. The Castle Rock EDC is also noted as providing assistance with site selection and permitting guidance.
The remarks highlight downtown foot traffic and community activity, with the property positioned between Denver and Colorado Springs and described as having easy commuter access via I-25. The surrounding area is characterized in the materials as a growing, affluent trade area with nearby dining, boutique retail, and community events.
Additional context provided in the offering includes that Castle Rock is a recognized local destination and that regional mobility improvements are being studied, including a Castle Rock/I-25 mobility hub effort. The Castle Rock EDC is also noted as providing assistance with site selection and permitting guidance.
Key Highlights
- Commercial retail building at 807 N Wilcox St in historic Downtown Castle Rock
- Walkable, high‑visibility downtown frontage with nearby dining and boutique retail
- Convenient Front Range location between Denver and Colorado Springs
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$111,379
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,227,580
$2.2M
Cap Rate 7%
$1,591,129
$1.6M
Cap Rate 9%
$1,237,544
$1.2M
Market Conditions
NOI Build-Up for 5,407 SF
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.
Gross rent
$162.9K $30.12/SF
− Vacancy
−$3.7K −$0.69/SF
EGI
$159.1K $29.43/SF
− OpEx
−$47.7K −$8.83/SF
NOI
$111.4K $20.60/SF
Area
Douglas County, CO
Vacancy
2.30%
Lease Rate
$30.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,227,580
Cap Rate 7%
$1,591,129
Cap Rate 9%
$1,237,544
Alternative Uses
Best Use
Retail
$1.59M
$1.39M – $1.86M
NOI $111,379 @ 7.0% cap · market cap 5.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,004 @ 7.0% cap · market cap 5.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,560
Businesses Nearby
129k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 72%
Shops & Services 21%
Beauty & Spa 4%
Apparel 2%
McDonald's
Dining
24,726 visits/mo
0.3 miles
Circle K
Shops & Services
16,478 visits/mo
0.1 miles
Starbucks
Dining
15,969 visits/mo
0.1 miles
Santiago's
Dining
13,379 visits/mo
0.1 miles
Wendy's
Dining
9,460 visits/mo
0.1 miles
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Well-situated retail building in historic downtown Castle Rock with walkable, high-visibility frontage and I-25 commuter access.
Where is this retail space located?
The property is located at 807 N Wilcox St Castle Rock, CO.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: Commercial retail building at 807 N Wilcox St in historic Downtown Castle Rock; Walkable, high‑visibility downtown frontage with nearby dining and boutique retail; Convenient Front Range location between Denver and Colorado Springs
