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    1010 South St Castle Rock, CO 80104

    Sponsored
    For Sale
    $525,000

    1,250 SF Warehouse, $525,000

    Property size:
    1,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1,250-square-foot warehouse unit in Castle Rock, Colorado, presents a unique investment opportunity. Located at 1010 South St, 80104, in Douglas County, this light industrial space boasts a net rentable area of 1,625 square feet, offering ample room for various uses. The unit features a ceiling height ranging from 21' 10.25" to 23' 2.75", insulated masonry construction, energy-efficient LED lighting, and finished private restrooms. Additional amenities include 24/7 access, wide paved aisles, and 14' x 14' overhead doors. Select units offer balconies on the mezzanine level. Ideal for small businesses, or storage of RVs, boats, or cars, this property offers significant tax benefits for business users and investors. The asking price is $525,000, representing a cost-effective alternative to renting, with potential for building equity. Fixed-rate financing options are available with terms ranging from 15 to 25 years. Customize your space to perfectly fit your needs. The property is zoned for light industrial use.

    Property Features for 1010 South St

    General Information

    Property type
    Distribution properties
    Square Feet
    1,250 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Castle Rock
    County
    Douglas
    State
    Colorado
    Longitude
    -104.8473161
    Latitude
    39.3694103

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    FAQs

    What type of property is this?
    Distribution property - 1,250 SF Warehouse, $525,000
    Where is this distribution property located?
    The property is located at 1010 South St Castle Rock, CO.
    What is the asking price?
    The asking price for this property is $525,000.
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    1010 South St 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 South St Castle Rock, CO 80104
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