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    1175 S Perry St Castle Rock, CO 80104
    Property profile & analytics

    1175 S Perry St, Castle Rock, CO 80104

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    • Medical Office Space
    • 20,674 SF
    • 2.05 lot acres
    Professional Office Space Available For Lease
    $24 SF/Yr

    Professional Office Space Available

    Class A office space with easy highway access.

    1175 S Perry St, Castle Rock, CO 80104
    View Listing
    Property ID
    US13-1182009
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $4,565,000
    Cap Rate Potential
    7.8%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Elk crossing business center / Business Service Center / Corporate Office
    • Dr. Hanna M. Kraus, MD / Physician
    • Dr. Peter G. Stratil, MD / Physician
    • Dr. James M. Luethke, MD / Physician
    • Dr. Brendan F. Essary, MD / Physician

    Property Details for 1175 S Perry St

    Year built
    2006
    Lot size
    2.05 lot acres
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    R0474183
    APU
    R0474183

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 13, 2022 $4,760,000 Heyman Castle Rock LLC Diana Cooper Special Warranty Deed —
    Apr 13, 2022 — Allen H Hedrick 1175adbp LLC Quit Claim Deed · related —
    May 26, 2021 — 1175adbp LLC — Deed · related $1M · Qualfax INC
    Jul 11, 2017 — 1175adbp LLC — Deed · related $3.1M · Ent Cu
    Oct 1, 2007 — 1175adbp LLC Ad Business Properties LLC Warranty Deed —
    Nov 30, 2005 — Ad Business Properties LLC — Grant Deed · related $3M · Colorado Community Bank

    Description

    This exceptional office space, part of the Elk Crossing Office Complex, presents a fantastic opportunity for businesses seeking a prime location in Douglas County. Built in 2006, this two-story, Class B building offers a total of 20,880 square feet of versatile office space in a multiple-tenancy setting. Currently, one suite is available, measuring 1,542 square feet, ideal for a variety of business needs. The property boasts Class A finishes, reflecting a commitment to quality and professional aesthetics. The Elk Crossing Office Complex is situated within a well-maintained professional office campus, providing a prestigious and convenient work environment. The building's traditional office design offers a classic and functional layout, adaptable to various business configurations. Its location in Douglas County provides easy access to key transportation routes and amenities, enhancing both employee and client convenience. This is an excellent opportunity to secure high-quality office space in a desirable location. The available suite offers a blend of modern functionality and classic design, making it an attractive option for businesses seeking a professional and efficient workspace. The 1,542 square foot space is ready for immediate occupancy, allowing for a seamless transition into your new office. Contact us today to schedule a viewing and explore the possibilities this exceptional property offers.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,820,000
      ML approach
      $3,820,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,945,000
      6.5%
      $4,565,000
      7%
      $4,240,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,652,000
      Market price range: $4.69M - $8.23M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $6,635,000
      Current use
      RETAIL STORES
      $7,045,000
      Change: +6% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $6,125,000
      Change: -8% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Castle Rock
    County
    Douglas
    State
    Colorado
    Longitude
    -104.862
    Latitude
    39.3594
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $94,628
    $159,140
    $1,196,350
    $1,355,490
    -
    $570,392
    $4,287,998
    $4,858,390
    View Listing
    More about this property
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