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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Industrial properties
185 Caprice Cta Castle Rock, CO 80109-1761
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-2818406
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,450 SF
Lot
0.18 ac (7,754 SF)
APN
R0336023
UPID
US13-2818406
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
$540k
Comparable Approach
Comparable
$460k
Blend (final)
Blend
$525k
Owner & transaction history
Laam Colorado LLC · 1 yrs held
Laam Colorado LLC
since 2024
Last sale
$550,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$835,000
+64.4%
Commercial (general)
$830,000
+63.7%
Medical building
$785,000
+54.9%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$585,000
6.5%
$540,000
7%
$500,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$510,000
Current use
RETAIL STORES
$835,000
Change: +64% · Conversion: Moderate
COMMERCIAL (GENERAL)
$830,000
Change: +64% · Conversion: Difficult
MEDICAL BUILDING
$785,000
Change: +55% · Conversion: Difficult
WAREHOUSE, STORAGE
$565,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $550k (Apr 26 2024)
Last sale anchor
$550k
Apr 26 2024
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
$214 / 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
$7,682
Tax year 2023
Assessed value
$109,360
Assessed 2023
Previous assessed
$74,600
+46.6% YoY
Effective rate
7.02%
On assessed value
Assessed land
$21,690
Assessed improvement
$87,670
Land market value
$77,755
Improvement market value
$314,245
Total market value
$392,000
Applied tax rate
215.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
2,450 SF
Lot
0.18 ac (7,754 SF)
APN
R0336023
UPID
US13-2818406
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$510,000
RETAIL STORES
Est. value
$835,000
COMMERCIAL (GENERAL)
Est. value
$830,000
MEDICAL BUILDING
Est. value
$785,000
WAREHOUSE, STORAGE
Est. value
$565,000
INDUSTRIAL (GENERAL) Current
RETAIL STORES
COMMERCIAL (GENERAL)
MEDICAL BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Laam Colorado LLC
Entity
Mailing address
1970 W PO BOX 1117TH CT, LARKSPUR, CO 80118
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2024
$550,000
Laam Colorado LLC
Aircraftclubs Com Individual 401k P
Warranty Deed
$500,000 · Timothy Dumler
Oct 29, 2014
$289,000
Timothy F Dumler
Van Essen,diane
Grant Deed
—
Jun 4, 2004
—
Diane Vanessen
Vanessen,delwyn G
Quit Claim Deed
related
—
Jun 4, 2004
$288,000
Delwyn G Van Essen
Jabez Properties LLC
Grant Deed
$201,600 · Horizon Bank
May 28, 2004
—
Gordon S Kolacny
Public Trustee Of Douglas County
Trustees Deed
related
—
Feb 18, 2004
$578,560
Gordon S Kolacny
Public Trustee Of Douglas County
Trustees Deed
—
Aug 27, 2003
$1,375,300
Jabez Properties LLC
Skyview Land Holdings LLC
Grant Deed
—
—
—
Diane M Vanessen
—
Deed Of Trust
related
$370,000 · Us Bank NA
—
—
Diane Vanessen
—
Deed Of Trust
related
$100,000 · Firstbank Arapahoe
—
—
Jabez Properties LLC
—
Deed Of Trust
related
$1,027,500 · Horizon Bank
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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