Property summary
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
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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