1015 Park St Castle Rock, CO 80109-1532
- Auto shops
- 5,000 SF
- 0.50 lot acres
Current Use by Public Records
- Auto shops
Property Details for 1015 Park St
- Year built
- 1987
- Construction
- STEEL FRAME
- Lot size
- 0.50 lot acres
- Property size
- 5,000 SF
- Property type
- Auto shops
- APN
- R0438069
- APU
- R0438069
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $150,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $185,000
- 6.5%
- $165,000
- 7%
- $170,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $160,000
- Geo Method
- $170,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $165,000
- Retail
- $185,000
- Mixed-Use
- $155,000
- Hospitality
- $185,000
- Educational
- $165,000
- Residential Income
- $180,000
- Energy
- $185,000
- Income-Based Land
- $145,000
- Food Service
- $145,000
Location Insight
- Map
- Local Demand
- City
- Castle Rock
- County
- Douglas
- State
- Colorado
- Longitude
- -104.866
- Latitude
- 39.3806
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA