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    Castle Rock Butte Castle Rock, CO 80104

    For Sale
    $2,720,000

    Prime 32-Acre Development Site in Castle Rock, CO

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 32.15-acre commercial land assemblage presents a remarkable development opportunity in Castle Rock, Colorado. Strategically located directly east of the Castle Rock/Promenade Parkway exit on I-25 (Exit 185), this property boasts unparalleled visibility and accessibility. The site, comprised of two parcels (APN: 2351-224-00-020

    Property Features for 0 Castle Rock Butte

    General Information

    Property type
    Land
    Lot Size
    1,400,454 SF

    HighLights

    • 32.15‑acre commercial land assemblage in Castle Rock, CO.
    • Exceptional visibility and accessibility due to I‑25 frontage (Exit 185).
    • Located directly east of the Castle Rock/Promenade Parkway exit.
    • Comprised of two parcels (APN: 2351‑224‑00‑020).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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?
    Land - Prime 32-Acre Development Site in Castle Rock, CO
    Where is this land located?
    The property is located at Castle Rock Butte Castle Rock, CO.
    What is the asking price?
    The asking price for this property is $2,720,000.
    What are key features of this property?
    This property features: 32.15-acre commercial land assemblage in Castle Rock, CO.; Exceptional visibility and accessibility due to I-25 frontage (Exit 185).; Located directly east of the Castle Rock/Promenade Parkway exit.
    (720) 280-4733
    Request Owner's contact information
    Castle Rock Butte 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
    Castle Rock Butte Castle Rock, CO 80104
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