651 Topeka Way Castle Rock, CO 80109
Property profile & analytics
651 Topeka Way Castle Rock, CO 80109
- Industrial properties
- 23,738 SF
- 4.21 lot acres
Property ID
US13-1562262
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.
Location Intelligence
Current Use by Public Records
- Yumbana Gluten Free / Bakery / Production Facility
- ITC Compounding Pharmacy / Pharmacy
- Dalton Mackay, MD / Pediatrician / Physician
- Music Makers / Vocational School / Training Center
- Kim's Gourmet Sauces / Big Box & Wholesale Store
Property Details for 651 Topeka Way
- Year built
- 1985
- Lot size
- 4.21 lot acres
- Property size
- 23,738 SF
- Property type
- Industrial properties
- APN
- R0333621
- APU
- R0333621
Description
This exceptional Class A industrial flex property, located at 651 Topeka Way and 680 Atchison Way in Castle Rock, Colorado, offers a total of 48,000 square feet of versatile space. Situated on a four-acre lot, this multi-tenant building presents a unique opportunity for businesses seeking flexible and efficient work environments. The property is zoned I-2, allowing for a variety of industrial and commercial uses. Currently, one 6,179 square foot space is immediately available. The property boasts a prime location in Douglas County, easily accessible via major roadways, making it ideal for distribution and logistics operations. Annual property taxes are $14 per square foot. The building's high-quality construction and modern design ensure a comfortable and productive workspace. The property's ample land area provides ample room for expansion or outdoor storage. The APN is 2505-101-01-003 and the zip code is 80109. This is a rare opportunity to secure a well-located, high-quality industrial flex space in a thriving Colorado market. Inquire today to learn more about this exceptional property and its potential.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,645,000
- 6.5%
- $5,210,000
- 7%
- $4,840,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,972,000
- AI Estimate
- $5,550,000
Market price range: $3.10M - $6.97MMarket price range: $1.32M - $5.55M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $4,920,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $8,900,000 Change: +81% Conversion: Difficult
- RETAIL STORES
- $8,090,000 Change: +64% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $8,050,000 Change: +64% Conversion: Difficult
- MEDICAL BUILDING
- $7,620,000 Change: +55% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Castle Rock
- County
- Douglas
- State
- Colorado
- Longitude
- -104.871
- Latitude
- 39.3754
- 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
$0.00
$460,160
$1,592,940
$2,053,100
-
$1,649,313
$5,709,467
$7,358,780
