Property profile

646 Prairie Hawk Dr Castle Rock, CO 80109

FOR SALE
Office Spaces
Property ID
US13-2752237
1,008 SF 1.49 ac lot Built 1975
Entity Owned 5-yr Hold ~ Est. High Equity
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646 Prairie Hawk Dr, Castle Rock, CO 80109 For Sale
Contact for pricing 1,008 SF
646 Prairie Hawk Dr, Castle Rock, CO 80109
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Property summary

AI-generated overview

This exceptional 1.49-acre commercial property in Douglas County offers a unique opportunity for a variety of businesses. Strategically located just one mile from the I-25 Wolfensberger Road interchange, this easily accessible site boasts a significant advantage for logistics and client access. The property features a substantial fenced yard, ideal for outdoor storage, equipment staging, or other space-intensive operations. A pre-existing 1,008 square foot office building provides valuable administrative space, eliminating the need for immediate construction or renovation. The zoning designation is Kreft PD, allowing for a range of permitted uses, including but not limited to: outdoor storage, towing services, contractor's yard, light manufacturing, kennel or animal services, and other compatible businesses. The single-tenant occupancy ensures exclusive use and control of the entire property. This versatile property presents a compelling investment opportunity for businesses seeking a well-located, functional, and secure space to expand their operations. The ample land area and existing office building combine to create a highly desirable and adaptable commercial space. Serious inquiries are encouraged to explore the potential of this prime commercial land offering.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1975
Total area 1,008 SF
Lot 1.49 ac (65,079 SF)
APN R0479412
UPID US13-2752237

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company

Location

646 Prairie Hawk Dr Castle Rock, CO 80109
Castle Rock metro Census 14407 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2021
Last sale
$225,000
5 recorded transactions
2021
Price N/A
2021
$225,000
2018
$85,000
2015
$8,917
2007
$465,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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