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Property profile & analytics
OFF-MARKET
Estimated value
$4,180,000
Strip malls
240 Wilcox St Castle Rock, CO 80104-2516
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-0524482
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1970
Construction
WOOD FRAME
Total area
3,829 SF
Lot
0.1 ac (4,487 SF)
APN
R0075299
UPID
US13-0524482
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
-
The Meissner Group - Castle Rock Real Estate Real Estate Agency
-
HomeSmart, Castle Rock Real Estate Agency
-
Michelle Addison at HomeSmart Real Estate Agency
-
Greg Myers Realtor Real Estate Agency
-
Linette Welch Realtor Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.73M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.18M
Owner & transaction history
Milestone Properties LLC · 1 yrs held
Milestone Properties LLC
since 2025
Last sale
$4.6M
6 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
$3,720,000
ML approach
$3,725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.18M
Range $3.76M – $4.60M · ±10% · vs last sale $4.64M (Jun 15 2022)
Last sale anchor
$4.64M
Jun 15 2022
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
$1,092 / 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
$26,773
Tax year 2023
Assessed value
$373,900
Assessed 2023
Previous assessed
$333,120
+12.2% YoY
Effective rate
7.16%
On assessed value
Assessed land
$120,170
Assessed improvement
$253,730
Land market value
$430,721
Improvement market value
$909,429
Total market value
$1,340,150
Applied tax rate
3,287.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1970
Construction
WOOD FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
3,829 SF
Lot
0.1 ac (4,487 SF)
APN
R0075299
UPID
US13-0524482
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
1970
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Milestone Properties LLC
Entity
Mailing address
9412 E WINDING HL AVE, LONE TREE, CO 80124-8472
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2025
$3,300,000
Milestone Properties LLC
In Woo Corporation
Special Warranty Deed
$2,640,000 · The Pueblo Bank And Trust Co
Jun 15, 2022
$4,635,000
In Woo Corporation
Mathew Frary
Special Warranty Deed
$3,185,200 · North Valley Bank
Jun 15, 2022
—
Kelly Kambs
Jones Brothers Holdings LLC
Bargain And Sale Deed
—
Dec 3, 2019
$1,230,000
Jones Brothers Holdings LLC
240 Wilcox LLC
Grant Deed
$915,000 · Mountain View Bk/commerce
Jul 6, 2012
$340,000
240 Wilcox LLC
Wilcox Prof Building INC
Grant Deed
$175,000 · Zions First National Bank
—
—
240 Wilcox LLC
—
Deed Of Trust
related
$147,000 · Community Economic Dev Co Co
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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