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Property profile & analytics
OFF-MARKET
Estimated value
$18,935,000
Grocery and convenience stores
750 Rdg Rd Castle Rock, CO 80104-8950
Entity Owned
5-yr Hold
Free & Clear
Property ID
US13-1004536
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2005
Total area
59,509 SF
Lot
7.52 ac (327,397 SF)
APN
R0454803
UPID
US13-1004536
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
-
Western Union Bank Credit Union
-
Andrea Fox Pharmacy
-
Joseph Stephenson Pharmacy
-
Ria Money Transfer - King Soopers Bank Credit Union
-
Amanda Macdonnell Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$18.86M
Comparable Approach
Comparable
$15.90M
Blend (final)
Blend
$18.94M
Owner & transaction history
Gkt Founders Pg 3 LLC · 5 yrs held
Gkt Founders Pg 3 LLC
since 2020
Last sale
$18.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$25.6M
+26.0%
Neighborhood: shopping center
$22.3M
+10.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Castle Rock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Castle Rock submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$22,510,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$20,430,000
6.5%
$18,860,000
7%
$17,510,000
Alternative Use
Use
Estimation
RETAIL STORES
$20,275,000
Current use
AUTO REPAIR, GARAGE
$25,555,000
Change: +26% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$22,310,000
Change: +10% · Conversion: Moderate
MEDICAL BUILDING
$19,100,000
Change: -6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$17,630,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$18.94M
Range $17.04M – $20.83M · ±10% · vs last sale $18.70M (Aug 20 2020)
Last sale anchor
$18.70M
Aug 20 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$318 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$104,268
Tax year 2022
Assessed value
$1,553,180
Assessed 2022
Previous assessed
$1,553,180
+0.0% YoY
Effective rate
6.71%
On assessed value
Assessed land
$996,920
Assessed improvement
$556,260
Land market value
$3,437,668
Improvement market value
$1,918,142
Total market value
$5,355,810
Applied tax rate
876.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2005
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
59,509 SF
Lot
7.52 ac (327,397 SF)
APN
R0454803
UPID
US13-1004536
Jurisdiction
DOUGLAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$20.3M
AUTO REPAIR, GARAGE
Est. value
$25.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$22.3M
MEDICAL BUILDING
Est. value
$19.1M
COMMERCIAL (GENERAL)
Est. value
$17.6M
RETAIL STORES Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
7.52 ac
Current owner
From public records · entity-resolved
Gkt Founders Pg 3 LLC
Entity
Free & Clear · 5 yrs held
Mailing address
211 N STADIUM BLVD STE #201, COLUMBIA, MO 65203-1161
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2020
—
Viper Holdings LLC
—
Deed
related
$3,780,000 · Frontier Bk
Aug 20, 2020
$18,700,000
Gkt Founders Pg 3 LLC
Flamingo Partners LLC
Grant Deed
—
Jan 2, 2018
$2,169,400
Public Svc Cu
Katy Land Holdings LLC
Grant Deed
related
—
Jun 5, 2006
—
Flamingo Partners LLC
King Soopers INC
Grant Deed
—
Nov 24, 2004
—
Flamingo Partners LLC
Intermountain Rural Electric A
Quit Claim Deed
related
—
Sep 29, 2004
—
Flamingo Partners LLC
—
Deed Of Trust
related
$10,000,000 · Manufacturers Traders & Trust
—
—
Flamingo Partners LLC
—
Deed Of Trust
related
$10,350,000 · Cantor Com'l R/e Lndg
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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