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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Industrial properties
2801 Us Hwy 85th Ste 103 Castle Rock, CO 80109-9402
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-0564218
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2018
Total area
1,510 SF
Lot
0.1 ac (4,564 SF)
APN
R0607446
UPID
US13-0564218
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
$505k
CAP Approach
CAP
$330k
Comparable Approach
Comparable
$346k
Blend (final)
Blend
$545k
Owner & transaction history
Digital Era Holdings LLC · 3 yrs held
Digital Era Holdings LLC
since 2023
Last sale
$560,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$650,000
+107.2%
Neighborhood: shopping center
$565,000
+80.9%
Retail stores
$515,000
+64.4%
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
$545,000
ML approach
$505,000
CAP Approach
CAP Return
Estimation
6%
$360,000
6.5%
$330,000
7%
$310,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$650,000
Change: +107% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$565,000
Change: +81% · Conversion: Difficult
RETAIL STORES
$515,000
Change: +64% · Conversion: Moderate
COMMERCIAL (GENERAL)
$510,000
Change: +64% · Conversion: Difficult
MEDICAL BUILDING
$485,000
Change: +55% · Conversion: Difficult
WAREHOUSE, STORAGE
$350,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$545k
Range $491k – $600k · ±10% · vs last sale $560k (May 22 2023)
Last sale anchor
$560k
May 22 2023
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
$361 / 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
$5,771
Tax year 2023
Assessed value
$82,150
Assessed 2023
Previous assessed
$82,150
+0.0% YoY
Effective rate
7.02%
On assessed value
Assessed improvement
$82,150
Improvement market value
$294,450
Total market value
$294,450
Applied tax rate
217.0000
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
2018
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Total area
1,510 SF
Lot
0.1 ac (4,564 SF)
APN
R0607446
UPID
US13-0564218
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
AUTO REPAIR, GARAGE
Est. value
$650,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$565,000
RETAIL STORES
Est. value
$515,000
COMMERCIAL (GENERAL)
Est. value
$510,000
MEDICAL BUILDING
Est. value
$485,000
WAREHOUSE, STORAGE
Est. value
$350,000
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2018
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Digital Era Holdings LLC
Entity
Mailing address
2801 N US HWY 85TH STE #103, CASTLE ROCK, CO 80109-9402
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2023
$560,000
Digital Era Holdings LLC
R&e Properties LLC
Special Warranty Deed
$448,000 · Us Bank NA
Sep 23, 2020
$300,000
R&e Properties LLC
Polo Properties Holdings LLC
Special Warranty Deed
—
Apr 29, 2020
$268,644
Polo Properties Holdings LLC
Spe LLC
Grant Deed
—
Apr 7, 2020
$577,220
Board Of Cnty Commissioners & The C
2801 Hgwy S5 Spe LLC
Grant Deed
—
Dec 31, 2019
$301,589
B-a LLC
2801 Hgwy 85 Spe LLC
Grant Deed
—
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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