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Property profile & analytics
OFF-MARKET Estimated value $3,715,000
Strip malls

7280 Lagae Rd Castle Pines, CO 80108-9452

23,066 SF 2.83 ac lot Built 2003
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US13-0167695
Property summary
AI-generated overview

This exceptional 1,500-square-foot retail space is located within the Shoppes at Castle Pines, situated at 7280 Lagae Rd, Castle Pines, CO 80108, in Douglas County. The entire space is currently vacant and ready for immediate occupancy. This presents a unique opportunity for a business seeking a prime location within a thriving community. The property is categorized as retail commercial space with multiple tenancy options. The building's total square footage is 1,500 square feet, all of which is available. The surrounding area boasts impressive demographics, with average household incomes exceeding $200,000 within a one-mile radius. This strong economic indicator points to a robust consumer base for potential tenants. Furthermore, the Castle Pines residential development is experiencing significant growth, with nearly 4,000 new housing units either under construction or in the planning stages. This substantial influx of new residents will further enhance the already impressive market potential of this retail space. The property's location offers excellent visibility and accessibility, making it an ideal choice for a variety of retail businesses. Don't miss this chance to establish your business in a rapidly expanding and affluent community. Inquire today to learn more about this exciting opportunity.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2003
Total area 23,066 SF
Lot 2.83 ac (123,188 SF)
APN R0460280
UPID US13-0167695
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.72M
Owner & transaction history
Shoppes At Castle Pines II LLC · 7 yrs held
Shoppes At Castle Pines II LLC
since 2019
6 recorded transactions
2020
Price N/A
2019
Price N/A
2005
Price N/A
2005
$60,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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