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    32045 Castle Ct Evergreen, CO 80439

    Sponsored
    For Sale
    $5,985,000

    Multi-tenant office building, high occupancy, prime location.

    Property size:
    39,303 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional three-story, Class B office building, situated on a 3.17-acre lot in Evergreen, Colorado, presents a compelling owner-user opportunity. The property, located at 32045 Castle Court, boasts 39,303 square feet of total space, with 34,907 square feet of net rentable area. Currently, the building enjoys a 65% occupancy rate, with seven existing tenants generating consistent income. A significant portion of the space, ranging from 14,000 to 20,000 square feet, is available for an owner-occupier seeking high-quality office space. Built in 2000, the building is zoned for Office PUD and benefits from a convenient location in an established office park, just minutes from I-70 at El Rancho. Enjoy the walkability to local restaurants, retail shops, and the Evergreen Recreation Center. The asking price is $5,985,000, translating to $152.28 per square foot. This is a NNN lease type property. The property's prime location, substantial size, and existing tenant base make it an attractive investment opportunity.

    Property Features for 32045 Castle Ct

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    39,303 SF
    Class
    B
    Lot Size
    138,085 SF

    Building Details

    Year Built
    2000
    Buildings
    1
    Stories
    3
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Wholesale Shop Hotel & Motel Auto Parts Store Bakery Smoke and Vape Shop Home Appliance Store Arcade & Gaming Center Nursing Home Pet Grooming Service Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Evergreen
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.364257
    Latitude
    39.6829497

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    FAQs

    What type of property is this?
    Office Property / Space - Multi-tenant office building, high occupancy, prime location.
    Where is this office property / space located?
    The property is located at 32045 Castle Ct Evergreen, CO.
    What is the asking price?
    The asking price for this property is $5,985,000.
    (720) 476-5229
    Request Owner's contact information
    32045 Castle Ct Evergreen, CO 80439
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    Evergreen, CO 80439
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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
    32045 Castle Ct Evergreen, CO 80439
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