230 3rd St Castle Rock, CO 80104-2460
- Apartment buildings
- 25,920 SF
- 0.26 lot acres
Current Use by Public Records
- New American Funding - Collin Keenan / Mortgage Lender
- Sachiko’s Hairstyling / Hair Salon
- The Style Lounge / Hair Salon
- The Office Bar & Kitchen / Restaurant
- New American Funding - Emilee Quijano / Mortgage Lender
Property Details for 230 3rd St
- Year built
- 2017
- Lot size
- 0.26 lot acres
- Property size
- 25,920 SF
- Property type
- Apartment buildings
- APN
- R0490005
- APU
- R0490005
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,080,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,290,000
- 6.5%
- $6,050,000
- 7%
- $6,095,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,300,000
- Geo Method
- $5,775,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,900,000
- Retail
- $6,220,000
- Mixed-Use
- $6,665,000
- Hospitality
- $6,735,000
- Educational
- $6,645,000
- Residential Income
- $6,850,000
- Energy
- $6,875,000
- Income-Based Land
- $5,695,000
- Food Service
- $5,510,000
Location Insight
- Map
- Local Demand
- City
- Castle Rock
- County
- Douglas
- State
- Colorado
- Longitude
- -104.861
- Latitude
- 39.372
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
