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Property profile & analytics
OFF-MARKET
Estimated value
$2,240,000
Industrial properties
3160 Industrial Way Castle Rock, CO 80109-2803
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-2784805
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1996
Construction
STEEL FRAME
Total area
9,000 SF
Lot
0.94 ac (40,729 SF)
APN
R0362321
UPID
US13-2784805
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
-
Vann Investments Llc Financial Advisor
-
HomePride Big Box & Wholesale Store
-
Brooklyn Veterinary Clinic Veterinary Clinic
-
Draggin The Ave Customs Auto Repair Shop
-
Savvy Life AV Inc IT Consulting Firm Tech Support Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.98M
Comparable Approach
Comparable
$2.64M
Blend (final)
Blend
$2.24M
Owner & transaction history
Secure Commercial Storage LLC · 2 yrs held
Secure Commercial Storage LLC
since 2024
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.4M
+80.9%
Retail stores
$3.1M
+64.4%
Commercial (general)
$3.1M
+63.7%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,140,000
6.5%
$1,975,000
7%
$1,835,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,865,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,375,000
Change: +81% · Conversion: Difficult
RETAIL STORES
$3,065,000
Change: +64% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,050,000
Change: +64% · Conversion: Difficult
MEDICAL BUILDING
$2,890,000
Change: +55% · Conversion: Difficult
Blend value · Realmo final
$2.24M
Range $2.02M – $2.46M · ±10%
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
$249 / 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
$82,578
Tax year 2023
Assessed value
$821,660
Assessed 2023
Previous assessed
$821,660
+0.0% YoY
Effective rate
10.05%
On assessed value
Assessed land
$136,340
Assessed improvement
$685,320
Land market value
$488,664
Improvement market value
$2,456,336
Total market value
$2,945,000
Applied tax rate
185.0000
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
1996
Construction
STEEL FRAME
Heating
SPACE
Buildings
3
Stories
1
Total area
9,000 SF
Lot
0.94 ac (40,729 SF)
APN
R0362321
UPID
US13-2784805
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
INDUSTRIAL (GENERAL) Current
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.4M
RETAIL STORES
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$3.1M
MEDICAL BUILDING
Est. value
$2.9M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1996
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
3
Lot
0.94 ac
Current owner
From public records · entity-resolved
Secure Commercial Storage LLC
Entity
Mailing address
42 MTN SHADOWS CT, CASTLE ROCK, CO 80104-1829
Ownership since
2024
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 9, 2024
—
Secure Commercial Storage LLC
Mary E C Smith
Deed Of Distribution
—
May 19, 2005
$1,100,000
Jack Christensen
3160m LLC
Grant Deed
$360,000 · 3160c LLC
Jan 6, 2003
$1,100,000
3160m LLC
Christensen,jack
Grant Deed
—
—
—
Jack Christensen
—
Deed Of Trust
related
$25,000 · First National Bank Castle Roc
—
—
Jack Christensen
—
Deed Of Trust
related
$450,000 · First National Bank Strasburg
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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