Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1010 Castle Rock Castle Rock, CO 80104

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1010 Castle Rock Castle Rock, CO 80104

    View on Map
    • Warehouses
    • 1,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 1010 Castle Rock

    Property size
    1,000 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional Harris County industrial property offers a unique opportunity. The single-tenant warehouse boasts a total of 180,000 square feet, with 56,875 square feet currently available for lease. Built in 2010, this Class B building sits on a generous 9.49-acre lot and features a single story design. The warehouse offers impressive ceiling heights ranging from 21.9 feet to 26.3 feet, and a column spacing of 50' x 45' with a 55' speed bay. Loading is facilitated by 10 dock-high doors and one ramp door. The property includes energy-efficient LED lighting and an ESFR fire suppression system. Ample parking is provided with 70 spaces. This location presents an ideal opportunity for build-to-suit projects or expansion of existing facilities within the Northwest Outliers submarket. The existing structure provides a solid foundation for immediate occupancy or customization to meet specific operational needs. The substantial lot size allows for future expansion possibilities. This is a rare opportunity to secure a well-maintained, strategically located warehouse in a thriving area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Castle Rock
    County
    Douglas
    State
    Colorado
    Longitude
    -104.888
    Latitude
    39.3061

    Comparable in this City

    • Value Estimation by Request
      1,000 SF

      1008 Interstate 25

      Distribution properties • 1,000 SF
      1008 Interstate 25, Castle Rock, CO 80104
      View Details
    • Value Estimation by Request
      1,000 SF

      1010 Castle Rock

      Distribution properties • 1,000 SF
      1010 Castle Rock, Castle Rock, CO 80104
      View Details
    • Value Estimation by Request
      1,250 SF

      1010 Interstate 25

      Distribution properties • 1,250 SF
      1010 Interstate 25, Castle Rock, CO 80104
      View Details
    • Value Estimation by Request
      1,250 SF

      1010 Interstate 25

      Distribution properties • 1,250 SF
      1010 Interstate 25, Castle Rock, CO 80104
      View Details
    • Value Estimation by Request
      1,250 SF

      1010 Comet Ln

      Distribution properties • 1,250 SF
      1010 Comet Ln, Castle Rock, CO 80104
      View Details
    • Value Estimation by Request
      22,260 SF

      1010 Castle Rock

      Distribution properties • 22,260 SF
      1010 Castle Rock, Castle Rock, CO 80104
      View Details

    Similar Nearby for Sale

    • $525,000
      1,250 SF

      Castle Rock Flex Space For Sale

      1,250 SF Flex/Warehouse, $525,000
      1010 Interstate 25, Castle Rock, CO 80104
      View Details
    • $879,000
      2,550 SF

      1010 South St

      Distribution centers • 2,550 SF
      1010 South St, Castle Rock, CO 80104
      View Details
    • Contact for pricing
      1,000 SF

      Customizable Flex Space For Sale

      Affordable, customizable flex space suitable for business, storage, or recreation.
      1010 South St, Castle Rock, CO 80104
      View Details
    • $829,900
      3,634 SF

      Versatile Industrial Condo in Castle Rock

      3,600 SF double-unit industrial condo in growing Douglas County.
      2274 Manatt Ct #A01, Castle Rock, CO 80104
      View Details
    • $829,900

      Castle Rock Industrial Condo Opportunity

      3,600 SF industrial condo in growing Castle Rock corridor.
      2274 Manatt Ct, Castle Rock, CO 80104
      View Details
    • Contact for pricing
      1,200 SF

      Customizable Flex Space For Sale

      Affordable, customizable flex space suitable for business, storage, or recreation.
      1008 South St, Castle Rock, CO 80104
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Customizable Warehouse Space Available

      Adaptable warehouse spaces suitable for business, storage, or recreational use.
      1010 Castle Rock, Castle Rock, CO 80104
      View Details
    • Contact for pricing
      9,968 SF

      Pharmaceutical Testing Lab with Infrastructure

      Turn-key lab operation with minimal improvements necessary.
      1585 S Perry St, Castle Rock, CO 80104
      View Details
    • Contact for pricing
      200 SF

      Professional Office Space Available

      Upstairs office space with natural light and shared amenities.
      505-517 N Wilcox St, Castle Rock, CO 80104
      View Details
    • Contact for pricing
      936 SF

      Castle Rock Office Space Available

      Office space available for rent in Castle Rock, Colorado.
      201-212 Wilcox St, Castle Rock, CO 80104
      View Details
    • Contact for pricing
      1,800 SF

      Retail End Cap For Lease

      Highly visible retail space with ample parking and open floorplan.
      4284 Trail Boss Dr, Castle Rock, CO 80104
      View Details
    • Contact for pricing

      Retail Land for Lease

      Single tenant retail land available for lease.
      25 & Crystal Vly Pkwy, Castle Rock, CO 80104
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1010 Castle Rock
    Castle Rock, CO 80104
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    1010 Castle Rock, Castle Rock, CO, 80104

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!