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Property profile & analytics
OFF-MARKET
Estimated value
$2,225,000
Industrial properties
520 Topeka Way Ste A Castle Rock, CO 80109-3137
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-2751245
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2001
Total area
11,765 SF
Lot
0.85 ac (37,200 SF)
APN
R0611318
UPID
US13-2751245
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
-
Sandlot Baseball Academy Training Center
-
Thrive Cheer Royals Gym & Fitness Center
-
LionDrive Baseball Performance Gym & Fitness Center Sports School
-
LionDrive Baseball Gym & Fitness Center Sports School
-
Castle Rock Microwave, LLC Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.11M
CAP Approach
CAP
$2.59M
Comparable Approach
Comparable
$2.21M
Blend (final)
Blend
$2.23M
Owner & transaction history
520 Topeka 1 LLC · 3 yrs held
520 Topeka 1 LLC
since 2022
Last sale
$2.6M
3 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
Method
Estimation
Statistic approach
$2,045,000
ML approach
$2,105,000
CAP Approach
CAP Return
Estimation
6%
$2,800,000
6.5%
$2,585,000
7%
$2,400,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,440,000
Current use
Blend value · Realmo final
$2.23M
Range $2.00M – $2.45M · ±10% · vs last sale $2.55M (Oct 13 2022)
Last sale anchor
$2.55M
Oct 13 2022
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
$189 / 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
Assessed value
$525,190
Assessed 2023
Previous assessed
$358,240
+46.6% YoY
Assessed land
$103,790
Assessed improvement
$421,400
Land market value
$372,002
Improvement market value
$1,510,398
Total market value
$1,882,400
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2001
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
11,765 SF
Lot
0.85 ac (37,200 SF)
APN
R0611318
UPID
US13-2751245
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
$2.4M
INDUSTRIAL (GENERAL) Current
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
2001
Cooling
Yes
Stories
1
Buildings
2
Lot
0.85 ac
Current owner
From public records · entity-resolved
520 Topeka 1 LLC
Entity
Mailing address
16055 OLD FRST PT STE #301, MONUMENT, CO 80132-8672
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2022
$2,550,000
520 Topeka 1 LLC
Primetime Sports Network LLC
Special Warranty Deed
$1,875,000 · Bank Of The West
Jun 15, 2021
—
Primetime Sports Network LLC
—
Deed
related
$1,598,000 · Zb NA
Feb 22, 2021
$1,897,252
Primetime Sports Network LLC
Dld Properties LLC
Warranty Deed
$1,598,000 · Zb NA
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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