Back to Search
Property profile & analytics
FOR LEASE
Office buildings
32045 Castle Ct Evergreen, CO 80439
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US13-0590487
For Lease
1 / 2
$11.50 SF/Yr
32045 Castle Ct, Evergreen, CO 80439
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Construction
CONCRETE
Total area
27,172 SF
Lot
3.17 ac (138,085 SF)
APN
41-203-10-017
UPID
US13-0590487
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
$6.37M
CAP Approach
CAP
$6.54M
Comparable Approach
Comparable
$7.71M
Blend (final)
Blend
$6.34M
Owner & transaction history
Big Stone Bulding LLC · 6 yrs held
Big Stone Bulding LLC
since 2020
Last sale
$5.6M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$8.8M
+60.4%
Commercial (general)
$8.8M
+60.0%
Retail stores
$8.7M
+59.0%
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 Evergreen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Evergreen 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
$6,215,000
ML approach
$6,365,000
CAP Approach
CAP Return
Estimation
6%
$7,080,000
6.5%
$6,535,000
7%
$6,065,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,495,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$8,820,000
Change: +60% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,795,000
Change: +60% · Conversion: Easy
RETAIL STORES
$8,740,000
Change: +59% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$8,445,000
Change: +54% · Conversion: Easy
MEDICAL BUILDING
$8,250,000
Change: +50% · Conversion: Easy
Blend value · Realmo final
$6.34M
Range $5.70M – $6.97M · ±10% · vs last sale $5.60M (Jun 30 2020)
Last sale anchor
$5.60M
Jun 30 2020
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
$233 / 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
$129,624
Tax year 2023
Assessed value
$1,413,414
Assessed 2023
Previous assessed
$1,413,414
+0.0% YoY
Effective rate
9.17%
On assessed value
Assessed land
$327,469
Assessed improvement
$1,085,945
Land market value
$1,173,723
Improvement market value
$3,922,277
Total market value
$5,096,000
Applied tax rate
4,495.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2000
Construction
CONCRETE
Heating
YES
Cooling
YES
Stories
4
Units
1
Total area
27,172 SF
Lot
3.17 ac (138,085 SF)
APN
41-203-10-017
UPID
US13-0590487
Jurisdiction
JEFFERSON
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
OFFICE BUILDING Current
Est. value
$5.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.8M
COMMERCIAL (GENERAL)
Est. value
$8.8M
RETAIL STORES
Est. value
$8.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.4M
MEDICAL BUILDING
Est. value
$8.3M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2000
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
4
Units
1
Lot
3.17 ac
Current owner
From public records · entity-resolved
Big Stone Bulding LLC
Entity
Mailing address
32045 CASTLE CT STE #104, EVERGREEN, CO 80439-3503
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2020
$5,600,000
Big Stone Bulding LLC
Bergen Park Offices LLC
Special Warranty Deed
$4,200,000 · Alpine Bank
May 22, 2020
—
Bergen Park Offices LLC
—
Deed
related
$3,289,600 · Wells Fargo Bk
May 2, 2007
$3,600,000
Bergen Park Offices LLC
Life Quotes INC
Grant Deed
$5,450,446 · Compass Bank
—
—
Bergen Park Offices LLC
—
Loan Modification
related
$3,289,600 · Wells Fargo Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
