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Property profile & analytics

646 Prairie Hawk Dr Castle Rock, CO 80109

  • Office Properties & Spaces
  • 1,008 SF
  • 1.49 lot acres
Value Estimation
$235,000
Last Sale
Jun 03, 2021
$225,000
Location Intelligence
Property ID
US13-2752237
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

  • 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

by Realmo proprietary methodology Last update: July 3, 2025
  • 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

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
$4,373
$45,390
$16,860
$62,250
-
$162,697
$60,419
$223,116
More about this property
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