Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    255 Vly Dr Castle Rock, CO 80104-2911

    • Assisted living facilities
    • 30,984 SF
    • 0.87 lot acres
    OFF-MARKET
    Value Estimations
    $475,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0965480
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Assisted living facilities

    Property Details for 255 Vly Dr

    Year built
    1996
    Construction
    WOOD FRAME
    Lot size
    0.87 lot acres
    Property size
    30,984 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    R0387520
    APU
    R0387520

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $520,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $431,000
      Market price range: $432k - $1.16M

    • Alternative Use

      Use
      Estimation
      HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
      $610,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Castle Rock
    County
    Douglas
    State
    Colorado
    Longitude
    -104.839
    Latitude
    39.368
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $9,150
    $208,930
    $218,080
    -
    $136,588
    $3,118,412
    $3,255,000

    Comparable in this City

    • Value Estimation
      $250,000
      8,378 SF

      221 Cantril St

      HOMES (RETIRED, NURSING) • 8,378 SF
      221 Cantril St, Castle Rock, CO 80104-2605
      View Details
    • Value Estimation
      $13,500,000
      28,704 SF

      1055 Perry St

      HOMES (RETIRED, NURSING) • 28,704 SF
      1055 Perry St, Castle Rock, CO 80104-1949
      View Details
    • Value Estimation
      $875,000
      41,984 SF

      1297 Perry St

      HOMES (RETIRED, NURSING) • 41,984 SF
      1297 Perry St, Castle Rock, CO 80104-1977
      View Details
    • Value Estimation
      $4,375,000
      20,674 SF

      1175 Perry St

      MEDICAL BUILDING • 20,674 SF
      1175 Perry St, Castle Rock, CO 80104-1969
      View Details
    • Value Estimation
      $305,000
      6,320 SF

      3 Oakwood Park Plz

      MEDICAL BUILDING • 6,320 SF
      3 Oakwood Park Plz, Castle Rock, CO 80104-1887
      View Details
    • Value Estimation
      $320,000
      2,986 SF

      1001 Perry St Ste 101b

      MEDICAL BUILDING • 2,986 SF
      1001 Perry St Ste 101b, Castle Rock, CO 80104-1921
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      15,234 SF

      Castle Rock Office Space

      Office property for sale in Castle Rock, Colorado.
      1189 South Perry St, Castle Rock, CO 80104
      View Details
    • $915,000

      Land Near King Soopers Area

      Land suitable for church, daycare, or educational facility.
      468 N Ridge Rd, Castle Rock, CO 80104
      View Details
    • $995,000

      Castle Rock Multifamily Development Opportunity

      Prime Castle Rock location suitable for single and multifamily residential development.
      508 Front St, Castle Rock, CO 80104
      View Details
    • $349,680
      1,128 SF

      Office Condo with Long-Term Tenant

      Office condo with tenant in place through 2027.
      1001 S Perry St, Castle Rock, CO 80104
      View Details
    • $5,500,000

      Land Available For Sale

      Land available for sale in Castle Rock, Colorado.
      1054 S Interstate 25, Castle Rock, CO 80104
      View Details
    • $5,400,000

      Prime Location with I-25 Exposure

      Highly visible Castle Rock property with easy I-25 access.
      820 Wilcox St, Castle Rock, CO 80104
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      20,307 SF

      Class A Office Space, Castle Rock

      Premier office/medical suites available
      4348 Woodlands Blvd, Castle Rock, CO 80104
      View Details
    • $23 SF/Yr
      20,880 SF

      Elk Crossing Office Space Available

      Modern Douglas County office space, 1,542 sq ft.
      1175 Perry St, Castle Rock, CO 80104
      View Details
    • Contact for pricing
      2,503 SF

      Retail Space Near Factory Shops

      Retail space with freeway exposure near popular shopping destination.
      4765 Front St, Castle Rock, CO 80104
      View Details
    • $25 SF/Yr
      200 SF

      Professional Office Space Available

      Upstairs office space with natural light and shared amenities.
      505-517 N Wilcox St, Castle Rock, CO 80104
      View Details
    • $25 SF/Yr
      1,800 SF

      Retail End Cap For Lease

      Highly visible retail space with ample parking and open floorplan.
      4284 Trail Boss Dr, Castle Rock, CO 80104
      View Details
    • Contact for pricing
      936 SF

      Castle Rock Office Space Available

      Office space available for rent in Castle Rock, Colorado.
      201-212 Wilcox St, Castle Rock, CO 80104
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    255 Vly Dr
    Castle Rock, CO 80104-2911
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.