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    OFF-MARKET
    Auto shops

    1015 Park St, Castle Rock, CO 80109-1532

    5,000 SF 0.5 ac lot Built 1987
    Individually Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US13-0055661
    Property summary
    AI-generated overview

    This exceptional Castle Rock investment opportunity presents two warehouse buildings totaling 5,000 square feet situated on a half-acre lot at 1015 Park St, 80109. The property boasts a highly desirable Commercial zoning designation, allowing for a wide range of business uses. Each of the two buildings offers flexible space, with units ranging from 24 square feet to 5,000 square feet, making it ideal for multiple tenants or a single large operation. The property benefits from exceptional visibility and convenient access, a key advantage for any business. Its strategic location offers easy access to I-25 via the Wolfensberger interchange, just three minutes away, ensuring seamless transportation and logistics. This presents a rare chance to acquire a well-positioned industrial property in a thriving Colorado market. The property's size and zoning flexibility make it suitable for a variety of businesses seeking a prominent location with excellent accessibility. The combination of ample space, prime location, and convenient access to major transportation routes makes this an attractive investment opportunity with significant potential for growth and return. The property is ready for immediate occupancy and offers a unique chance to establish or expand a business in a dynamic and rapidly growing area.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1987
    Construction STEEL FRAME
    Total area 5,000 SF
    Lot 0.5 ac (21,649 SF)
    APN R0438069
    UPID US13-0055661
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Joon Cho · 2 yrs held
    Joon Cho
    since 2024
    Last sale
    $150,000
    7 recorded transactions
    2024
    $375,000
    2023
    $375,000
    2016
    $250,000
    2015
    2014
    2012
    $300,000
    2009
    $150,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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