646 Prairie Hawk Dr Castle Rock, CO 80109
- Office Properties & Spaces
- 1,008 SF
- 1.49 lot acres
Current Use by Public Records
- Outdoor Escapes / Construction Company
Property Details for 646 Prairie Hawk Dr
- Year built
- 1975
- Lot size
- 1.49 lot acres
- Property size
- 1,008 SF
- Property type
- Office Properties & Spaces
- APN
- R0479412
- APU
- R0479412
Description
This exceptional 1.49-acre commercial property in Douglas County offers a unique opportunity for a variety of businesses. Strategically located just one mile from the I-25 Wolfensberger Road interchange, this easily accessible site boasts a significant advantage for logistics and client access. The property features a substantial fenced yard, ideal for outdoor storage, equipment staging, or other space-intensive operations. A pre-existing 1,008 square foot office building provides valuable administrative space, eliminating the need for immediate construction or renovation. The zoning designation is Kreft PD, allowing for a range of permitted uses, including but not limited to: outdoor storage, towing services, contractor's yard, light manufacturing, kennel or animal services, and other compatible businesses. The single-tenant occupancy ensures exclusive use and control of the entire property. This versatile property presents a compelling investment opportunity for businesses seeking a well-located, functional, and secure space to expand their operations. The ample land area and existing office building combine to create a highly desirable and adaptable commercial space. Serious inquiries are encouraged to explore the potential of this prime commercial land offering.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $210,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $295,000
- 6.5%
- $310,000
- 7%
- $265,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $265,000
- Geo Method
- $300,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $345,000
- Retail
- $335,000
- Mixed-Use
- $285,000
- Hospitality
- $250,000
- Educational
- $325,000
- Residential Income
- $255,000
- Energy
- $335,000
- Income-Based Land
- $320,000
- Food Service
- $300,000
Location Insight
- Map
- Local Demand
- City
- Castle Rock
- County
- Douglas
- State
- Colorado
- Longitude
- -104.865
- Latitude
- 39.3708
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA