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Property profile & analytics
OFF-MARKET
Estimated value
$4,310,000
Day care centers
5885 New Abbey Ln, Castle Rock, CO 80108-3918
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-0051184
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2007
Total area
10,229 SF
Lot
2.2 ac (95,832 SF)
APN
R0472309
UPID
US13-0051184
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
-
Primrose School of Castle Rock Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.94M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.31M
Owner & transaction history
Castle Rk Realco LLC · 3 yrs held
Castle Rk Realco LLC
since 2022
Last sale
$4.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.8M
+69.9%
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
$3,815,000
ML approach
$3,935,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,805,000
Change: +70% · Conversion: Difficult
Blend value · Realmo final
$4.31M
Range $3.88M – $4.74M · ±10% · vs last sale $4.75M (Nov 14 2022)
Last sale anchor
$4.75M
Nov 14 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
$421 / 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
$77,906
Tax year 2023
Assessed value
$828,350
Assessed 2023
Previous assessed
$710,280
+16.6% YoY
Effective rate
9.40%
On assessed value
Assessed land
$267,370
Assessed improvement
$560,980
Land market value
$958,320
Improvement market value
$2,010,668
Total market value
$2,968,988
Applied tax rate
2,327.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2007
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
10,229 SF
Lot
2.2 ac (95,832 SF)
APN
R0472309
UPID
US13-0051184
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
COMMERCIAL (GENERAL)
Est. value
$2.8M
COMMERCIAL (GENERAL)
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
2007
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
2.2 ac
Current owner
From public records · entity-resolved
Castle Rk Realco LLC
Entity
Mailing address
15 E PUTNAM AVE #268, GREENWICH, CT 06830-5424
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2023
—
Castle Rk Realco LLC
—
Deed
related
$1,759,000 · B-side Capital
Nov 14, 2022
$4,750,000
Castle Rk Realco LLC
Batterberry Land Group LLC
Special Warranty Deed
$2,436,876 · Live Oak Banking Company
Oct 17, 2022
—
Batterberry Land Group LLC
—
Deed
related
$2,084,268 · Black Spruce Development LLC
Sep 26, 2022
—
Castle Rk Opco LLC
Batterberry Land Group LLC
Lease
$2,078,206 · Castle Rk Realco LLC
Nov 16, 2016
—
Batterberry Land Group LLC
—
Deed
related
$2,416,000 · Vectra Bk/co
Nov 10, 2008
—
Dev-vic Ltd Liability Co
Krause,susan E
Quit Claim Deed
related
—
Sep 12, 2006
$685,000
Batterberry Land Group LLC
Dev-vic LLC
Grant Deed
$3,063,808 · Horizon Bank
—
—
Batterberry Land Group LLC
—
Deed Of Trust
related
$103,206 · Mile High Bank NA
—
—
Batterberry Land Group LLC
—
Deed Of Trust
related
$1,407,562 · Mountain View Bank
—
—
Batterberry Land Group LLC
—
Deed Of Trust
related
$2,416,000 · Vectra Bk/co
—
—
Batterberry Land Group LLC
—
Deed Of Trust
related
$1,759,452 · Harlow Commercial Mortgage LLC
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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