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    Property profile & analytics

    4350 Limelight Ave Castle Rock, CO 80109-8034

    • Medical offices
    • 20,842 SF
    • 1.55 lot acres
    OFF-MARKET
    Value Estimation
    $7,550,000
    Last Sale
    Dec 20, 2021
    $7,890,000
    Location Intelligence
    Property ID
    US13-1761232
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Clarity Dermatology / Dermatologist
    • Neurology Of the Rockies / Medical Clinic / Neurologist
    • AdventHealth Imaging Limelight / Medical Clinic
    • RAVI C SHAH / Neurologist
    • Hamid Mortazavi MD / Neurologist

    Property Details for 4350 Limelight Ave

    Year built
    2016
    Lot size
    1.55 lot acres
    Property size
    20,842 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    R0483912
    APU
    R0483912

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $7,435,000

    • CAP approach

      CAP return
      Estimation
      6%
      $7,905,000
      6.5%
      $7,470,000
      7%
      $8,640,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $8,930,000
      Geo Method
      $7,105,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $7,975,000
      Retail
      $7,655,000
      Mixed-Use
      $7,700,000
      Hospitality
      $7,155,000
      Educational
      $7,845,000
      Residential Income
      $6,175,000
      Energy
      $7,735,000
      Income-Based Land
      $8,290,000
      Food Service
      $8,260,000

    Location Insight

    • Map
    • Local Demand
    City
    Castle Rock
    County
    Douglas
    State
    Colorado
    Longitude
    -104.883
    Latitude
    39.4062
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $213,316
    $180,840
    $1,854,380
    $2,035,220
    -
    $648,173
    $6,646,527
    $7,294,700

    Comparable in this City

    • Value Estimation by Request
      59,843 SF

      2352 Mdws Blvd

      MEDICAL BUILDING • 59,843 SF
      2352 Mdws Blvd, Castle Rock, CO 80109-8406
      View Details
    • Value Estimation by Request
      61,144 SF

      2356 Mdws Blvd

      MEDICAL BUILDING • 61,144 SF
      2356 Mdws Blvd, Castle Rock, CO 80109-8405
      View Details
    • Value Estimation
      $410,000
      4,956 SF

      3745 Dacoro Ln

      MEDICAL BUILDING • 4,956 SF
      3745 Dacoro Ln, Castle Rock, CO 80109-2500
      View Details
    • Value Estimation by Request
      60,000 SF

      Castle Rock Co

      Medical offices • 60,000 SF
      0 Castle Rock Co, Castle Rock, CO 80109
      View Details
    • Value Estimation
      $995,000
      163,144 SF

      1855 Low Mdw Blvd

      HOMES (RETIRED, NURSING) • 163,144 SF
      1855 Low Mdw Blvd, Castle Rock, CO 80109-8020
      View Details
    • Value Estimation by Request
      32,000 SF

      4400 Castleton Ct

      OFFICE (GENERAL) • 32,000 SF
      4400 Castleton Ct, Castle Rock, CO 80109-7804
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Office Space in Castle Rock

      Office property located at 3739 Meadows Parkway, Castle Rock, CO.
      3739 Meadows Pkwy, Castle Rock, CO 80109
      View Details
    • $412,000
      1,416 SF

      Pristine Condo with Attached Garage

      3-bedroom, 3-bath condo in excellent condition with attached 2-car garage.
      1474 Bergen Rock St, Castle Rock, CO 80109
      View Details
    • $2,095,000
      4,525 SF

      Updated Flex Space in Castle Rock

      Flex space with luxury finishes and convenient highway access.
      738 W Castleton Rd, Castle Rock, CO 80109
      View Details
    • $2,261,853

      Commercial Land in Castle Rock

      3.1 acres of commercial land for sale in Castle Rock.
      Castleton Ct, Castle Rock, CO 80109
      View Details
    • $599,900

      Land For Sale

      Land available for sale.
      3100 Castle Butte Dr, Castle Rock, CO 80109
      View Details
    • $2,150,000

      Land For Sale

      Land available for sale in Castle Rock, Colorado.
      N Meadows Dr, Castle Rock, CO 80109
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,365 SF

      Medical Office Space For Rent

      Class A medical office space within AdventHealth Castle Rock campus.
      2532 Meadows Blvd, Castle Rock, CO 80109
      View Details
    • $17 SF/Yr
      11,269 SF

      Upscale Office Space For Rent

      Office space with excellent visibility and ample parking available.
      4700 Castleton Way, Castle Rock, CO 80109
      View Details
    • Contact for pricing

      Land for Lease on Parkway

      Commercial land available for ground lease on The Meadows Parkway.
      1361 Meadows Pkwy, Castle Rock, CO 80109
      View Details
    • $285 SF/Yr
      1,008 SF

      Castle Rock Commercial Land Lease

      1.49 Acres, Fenced Yard, Office Space
      646 Prairie Hawk Dr, Castle Rock, CO 80109
      View Details
    • Contact for pricing
      4,356 SF

      Retail Space in Castle Rock

      Retail space available for lease in Castle Rock, Colorado.
      800 Kinner St, Castle Rock, CO 80109
      View Details
    • $18 SF/Yr
      5,020 SF

      Retail Space Near Castle Rock Outlets

      Retail space near shopping, restaurants, and hotels.
      3194 Industrial Way, Castle Rock, CO 80109
      View Details
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    Castle Rock, CO 80109-8034
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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