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    Crowfoot Valley Rd Castle Rock, CO 80108

    Sponsored
    For Sale
    $10,800,000

    Prime Colorado land, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional 78.67-acre property in Castle Rock, Colorado, presents a unique investment opportunity. Located on Crowfoot Valley Road, zip code 80108, this expansive land boasts stunning rolling hills, rock and tree outcroppings, and is fully fenced. Currently used for cattle grazing, it features a cattle reservoir and existing outbuildings. The property is zoned AG1 & LRR, offering low annual property taxes of approximately $6,000. This strategic location is directly across from Macanta, a large master-planned community, and lies within the path of future Douglas County expansion as detailed in their Master Plan. Development possibilities are numerous, including maintaining the land as a long-term investment, creating a private ranch, developing 10-acre luxury lots, or pursuing rezoning for a larger subdivision. With over half the land zoned AG1, this property offers a blend of agricultural and residential potential, making it an ideal investment for discerning buyers seeking a versatile and high-value asset in a rapidly growing area. The property's existing infrastructure and convenient access to Castle Rock further enhance its appeal. The asking price is $10,800,000, translating to approximately $137,385 per acre.

    Property Features for 0 Crowfoot Valley Rd

    General Information

    Property type
    Farms
    Lot Size
    3,426,865 SF

    HighLights

    • $10,800,000 asking price for 78.67 acres of land.
    • Located in Castle Rock, CO, on Crowfoot Valley Rd, zip code 80108.
    • AG1 & LRR zoning permits agricultural and residential uses.
    • Land value: $137,385/acre.
    • Property features rolling hills, rock and tree outcroppings, a cattle reservoir, and existing fencing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Castle Rock
    County
    Douglas
    State
    Colorado
    Longitude
    -104.81711602525
    Latitude
    39.439429606922

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    FAQs

    What type of property is this?
    Farm - Prime Colorado land, development potential.
    Where is this farm located?
    The property is located at Crowfoot Valley Rd Castle Rock, CO.
    What is the asking price?
    The asking price for this property is $10,800,000.
    What are key features of this property?
    This property features: $10,800,000 asking price for 78.67 acres of land.; Located in Castle Rock, CO, on Crowfoot Valley Rd, zip code 80108.; AG1 & LRR zoning permits agricultural and residential uses.
    Request Owner's contact information
    Crowfoot Valley Rd Castle Rock, CO 80108
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    Castle Rock, CO 80108
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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
    Crowfoot Valley Rd Castle Rock, CO 80108
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