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Property profile & analytics
OFF-MARKET
Estimated value
$2,310,000
Strip malls
323 Metzler Dr Castle Rock, CO 80108-7624
Entity Owned
15-yr Hold
Free & Clear
Property ID
US13-0899983
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Total area
13,096 SF
Lot
1.49 ac (64,904 SF)
APN
R0439856
UPID
US13-0899983
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
-
Wag N' Wash Natural Pet Food & Grooming (Bike/Boat/Book/etc) Store Pet Store & Service
-
Dickey's Barbecue Pit - Castle Rock Restaurant
-
Crumbl - Castle Rock Bakery Take-out & Catering
-
Trailer Birds Restaurant
-
Phở 777 Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.31M
Owner & transaction history
Metzler Plaza LLC · 15 yrs held
Metzler Plaza LLC
since 2011
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$176 / 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
$94,376
Tax year 2023
Assessed value
$1,351,900
Assessed 2023
Previous assessed
$1,131,000
+19.5% YoY
Effective rate
6.98%
On assessed value
Assessed land
$253,520
Assessed improvement
$1,098,380
Land market value
$908,662
Improvement market value
$3,936,858
Total market value
$4,845,520
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2007
Heating
ZONE
Cooling
YES
Stories
1
Units
1
Total area
13,096 SF
Lot
1.49 ac (64,904 SF)
APN
R0439856
UPID
US13-0899983
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
2007
Heating
ZONE
Cooling
Yes
Stories
1
Units
1
Lot
1.49 ac
Current owner
From public records · entity-resolved
Metzler Plaza LLC
Entity
Free & Clear · 15 yrs held
Mailing address
323 METZLER DR STE 105B, CASTLE ROCK, CO 80108-7625
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
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
May 18, 2011
—
Metzler Plaza LLC
Metzler Jas LLC
Quit Claim Deed
related
—
Oct 27, 2006
$973,600
Metzler Jas LLC
Trailboss Plaza LLC
Grant Deed
$2,380,000 · Academy Bank
Oct 16, 2006
$973,566
Metzler Jas LLC
Trailboss Plaza LLC
Grant Deed
$2,380,000 · Academy Bank
Jun 9, 2005
$635,360
Trailboss Plaza LLC
Rrmm Corp
Grant Deed
—
—
—
Metzler Plaza LLC
—
Deed Of Trust
related
$2,404,549 · Adams Bk&tr
—
—
Metzler Jas LLC
—
Deed Of Trust
related
$2,977,000 · Academy Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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