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Property profile & analytics
OFF-MARKET
Retail space

423 Perry St Castle Rock, CO 80104-2422

1,513 SF 0.16 ac lot Built 1955
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US13-1024337
Property summary
AI-generated overview

This exceptional redevelopment opportunity encompasses a combined 1.03 acres (0.64 acres and 0.29 acres contiguous lots) in the heart of downtown Castle Rock, Colorado. The site boasts three existing buildings: a 6,933 square foot structure at 414 Wilcox St (circa 1900), a 1,733 square foot building at 423 N Perry St (circa 1955), and a 2,600 square foot building at 421 N Perry St (circa 1965). This prime location offers tremendous visibility at the hard corner of Wilcox Street and Fifth Street, ensuring high traffic exposure. The property benefits from easy access to major transportation arteries, including I-25 and SH86, and is surrounded by numerous mixed-use developments currently under construction. The Downtown Overlay zoning provides flexibility for a variety of development options. Strong demographics and high traffic counts make this an ideal location for a diverse range of retail uses, including, but not limited to, auto shops, coffee shops, and office spaces. The property is located in Douglas County, Colorado, with the zip code 80104. Submit your best offer for this unique redevelopment opportunity.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1955
Construction WOOD FRAME
Total area 1,513 SF
Lot 0.16 ac (7,013 SF)
APN R0071853
UPID US13-1024337
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
  • Castle Rock Web Design Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Castle Rock Roofers Roofing Company General Contractor
  • Castle Rock SEO Marketing & Advertising
  • Acoma Lock & Security Locksmith
  • Best Colorado Contractors Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Rock Property LLC · 9 yrs held
Rock Property LLC
since 2016
3 recorded transactions
2016
$400,000
1998
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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