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Property profile & analytics
OFF-MARKET Estimated value $6,265,000
Apartment buildings

230 3rd St Castle Rock, CO 80104-2460

25,920 SF 0.26 ac lot Built 2017
Entity Owned 5-yr Hold Free & Clear
Property ID
US13-2177623
Property summary
AI-generated overview

This exceptional offering presents two available office spaces within a four-story building situated in the heart of Castle Rock, Colorado, the nation's fastest-growing city. Located at 230 Third St, 80104, this property boasts a prime location just one block from Wilcox Street, a major thoroughfare, ensuring excellent visibility and convenient access. The suites offer a combined total of 1,467 to 1,600 square feet of space, suitable for a variety of businesses. The building itself has undergone recent renovations, featuring an updated and exciting design. The property is categorized as both traditional and executive office space, suitable for multiple tenants. This vibrant area is home to a diverse range of businesses, including Independent Bank, the Chamber of Commerce Visitors Center, Scileppis, Castle Rock Music, Land Title Guarantee Company, Castle Cafe, B&B Cafe, Country Peddler Bike & Ski, and the Douglas County Motor Vehicle Department, providing a strong commercial environment. The property's location within Douglas County offers easy access to major transportation routes and a thriving community. This is a rare opportunity to secure high-quality office space in a rapidly expanding and desirable location. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 2017
Total area 25,920 SF
Lot 0.26 ac (11,326 SF)
APN R0490005
UPID US13-2177623
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
  • New American Funding - Collin Keenan Loan Service Bank
  • Sachiko’s Hairstyling Hair Salon
  • The Style Lounge Hair Salon
  • The Office Bar & Kitchen Restaurant
  • New American Funding - Emilee Quijano Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$6.28M
CAP Approach CAP
$6.06M
Comparable Approach Comparable
$3.85M
Blend (final) Blend
$6.27M
Owner & transaction history
230 Third Street LLC · 5 yrs held
230 Third Street LLC
since 2021
Last sale
$6.5M
3 recorded transactions
2021
$6.5M
2017
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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