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    1010 Comet Ln Castle Rock, CO 80104

    For Sale
    $525,000

    1,250 SF Flex Warehouse, $525,000

    Property size:
    1,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1,250-square-foot flex warehouse unit, located at 1010 Comet Ln, Castle Rock, CO 80104, presents a unique investment opportunity. Situated in a four-building complex within a light industrial zone, this vacant unit boasts 1,625 square feet of net rentable space, priced at $420 per square foot. The property features insulated masonry construction, energy-efficient LED lighting, and a 14x14 overhead door with operator. Additional amenities include finished private restrooms, 24/7 access, wide paved aisles, and select units offer balconies. Ideal for small businesses or storage, this unit offers customizable interiors and standard features such as HVAC and security systems. The property's location offers convenient access to Interstate 25, making it easily accessible to the growing Castle Rock community. This NNN lease type property allows for building equity through ownership, rather than paying rent, and offers potential tax benefits for business users and investors. Consider the cost-effectiveness of owning versus renting – own for potentially 40% less per month. Long-term fixed-rate financing options (15-25 year terms) are available. Mezzanines are also available in this unit. Don't miss this chance to acquire a versatile and well-appointed commercial space in a prime location.

    Property Features for 1010 Comet Ln

    General Information

    Property type
    Distribution properties
    Square Feet
    1,250 SF

    Building Details

    Buildings
    4

    HighLights

    • For Sale or Lease
    • Ideal for small businesses or storage
    • Insulated masonry construction with energy‑efficient LED lighting
    • 14' x 14' overhead door with operator
    • Finished private restrooms and select units with balconies
    • 24/7 access with wide paved aisles
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Castle Rock
    County
    Douglas
    State
    Colorado
    Longitude
    -104.8221147
    Latitude
    39.2942344

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    FAQs

    What type of property is this?
    Distribution property - 1,250 SF Flex Warehouse, $525,000
    Where is this distribution property located?
    The property is located at 1010 Comet Ln Castle Rock, CO.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: For Sale or Lease; Ideal for small businesses or storage; Insulated masonry construction with energy-efficient LED lighting
    Request Owner's contact information
    1010 Comet Ln Castle Rock, CO 80104
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    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
    1010 Comet Ln Castle Rock, CO 80104
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