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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Drive through restaurants
1340 New Beale St Castle Rock, CO 80108-3919
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US13-1184728
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2015
Total area
2,994 SF
Lot
1.29 ac (56,192 SF)
APN
R0469487
UPID
US13-1184728
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
Current use
Occupant on record · Public records
-
Popeyes Louisiana Kitchen Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$450k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$577k
Blend (final)
Blend
$515k
Owner & transaction history
Hz Props Re Ltd · 10 yrs held
Hz Props Re Ltd
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Castle Rock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Castle Rock submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$515k
Range $464k – $567k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$172 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$74,397
Tax year 2023
Assessed value
$614,970
Assessed 2023
Previous assessed
$583,630
+5.4% YoY
Effective rate
12.10%
On assessed value
Assessed land
$360,590
Assessed improvement
$254,380
Land market value
$1,292,425
Improvement market value
$911,761
Total market value
$2,204,186
Applied tax rate
3,400.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2015
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
2,994 SF
Lot
1.29 ac (56,192 SF)
APN
R0469487
UPID
US13-1184728
Jurisdiction
DOUGLAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2015
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.29 ac
Current owner
From public records · entity-resolved
Hz Props Re Ltd
Individual
Mailing address
4415 HWY 6TH 6, SUGAR LAND, TX 77478-4476
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2018
—
Hz Props Re Ltd
—
Grant Deed
related
$192,000,000 · Cadence Bk NA
Nov 6, 2015
$1,690,000
Hz Props Re Ltd
Purple Rock Cress LLC
Grant Deed
—
Nov 6, 2015
—
Purple Rock Cress LLC
Promenade Castle Rock LLC
Grant Deed
—
Oct 22, 2014
—
Promenade Castle Rock LLC
Dev-vic LLC
Quit Claim Deed
related
—
Jul 22, 2009
—
Dev-vic Ltd Liability Co
—
Deed Of Trust
related
$8,000,000 · F & M Bank & Trust Co
—
—
Hz Props Co LLC
—
Deed Of Trust
related
$235,000,000 · Ge Cap Franchise Fin
—
—
Hz Props Co LLC
—
Deed Of Trust
related
$151,800,000 · General Elec Cap
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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