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Property profile & analytics
OFF-MARKET Estimated value $1,885,000
Strip malls

703 Wilcox St Castle Rock, CO 80104-1700

7,000 SF 0.32 ac lot Built 1988
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US13-0809950
Property summary
AI-generated overview

This exceptional 1,100 square-foot creative office space is located in the vibrant Base of the Rock Centre in downtown Castle Rock, Colorado. Situated at 703 Wilcox St, 80104, this Class B property offers a prime location with excellent visibility and convenient access. The space is part of a single-story, 14,000 square-foot building featuring ten suites and ample parking, including front and rear access, plus alley access. Currently available as shell space, this unit (approximately 22 feet wide by 50 feet deep) provides flexibility for tenant build-out to suit retail or office needs (excluding food service). The space benefits from strong neighboring businesses, including Fulcrum Academy, Donut House, Scuba Planet, Calico Salon, and Royal Surfaces, with recent additions like Snarf's Sandwiches and a soon-to-open 220-unit apartment complex. The monthly gross rent is $28.50 per square foot, encompassing all expenses except utilities, and is negotiable depending on tenant improvement requirements. Signage rights on the building and monument sign are included. This is an outstanding opportunity to establish a presence in a thriving downtown Castle Rock location. The minimum divisible space is 900 square feet, with a maximum contiguous space of 2,000 square feet.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1988
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,000 SF
Lot 0.32 ac (13,939 SF)
APN R0443383
UPID US13-0809950
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
  • The Donut House Bakery Discount Store
  • Fulcrum Jiu Jitsu Academy Training Center Sports School
  • Calico Salon Hair Salon Nail Salon
  • Tropical Paradise Physician
  • Planet Scuba Travel Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.85M
CAP Approach CAP
$2.21M
Comparable Approach Comparable
$1.84M
Blend (final) Blend
$1.89M
Owner & transaction history
Base Of The Rock LLC · 5 yrs held
Base Of The Rock LLC
since 2021
Last sale
$2.0M
6 recorded transactions
2021
$2.0M
2016
$1.9M
2006
$857,500
2006
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $3.0M +14.5%
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