You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

502 Front St Castle Rock, CO 80104

0.27 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.273-acre commercial land parcel, located at 502 Front St in Castle Rock, Colorado (zip code 80104, APN 2505-111-08-002), presents a unique opportunity for investors. Situated in the desirable Craig and Gould historic district, this property boasts a fully approved plan for a two-triplex development, allowing for the construction of six multifamily units. The permitted zoning is R3 Multifamily, ensuring compliance and streamlining the development process. The asking price for this turnkey project is $1,100,000. This infill lot offers immediate access to the established amenities and vibrant community of Castle Rock. The approved development plan eliminates significant pre-construction hurdles, reducing risk and accelerating the timeline to revenue generation. This is an ideal investment for developers seeking a proven project in a thriving Colorado market. The property's location within the historic district offers potential for enhanced appeal and value. All necessary approvals have been obtained from the City of Castle Rock, making this a truly shovel-ready opportunity. Don't miss this chance to capitalize on the strong demand for multifamily housing in this sought-after area.

Property profile
Verified
Property type Land
Lot 0.27 ac (11,892 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 502 Front St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message