Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    750 Rdg Rd Castle Rock, CO 80104-8950
    Back to Search
    Property profile & analytics

    750 Rdg Rd, Castle Rock, CO 80104-8950

    View on Map
    • Grocery and convenience stores
    • 59,509 SF
    • 7.52 lot acres
    Off-Market
    Last Sale Aug 20, 2020
    $18,700,000
    Property ID
    US13-1004536
    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.
    Value Estimations
    $18,935,000
    Show details
    Cap Rate Potential
    5.4%
    Grocery and convenience stores
    Location Intelligence

    Current Use by Public Records

    • Western Union / Bank / Credit Union
    • Andrea Fox / Pharmacy
    • Joseph Stephenson / Pharmacy
    • Ria Money Transfer - King Soopers / Bank / Credit Union
    • Amanda Macdonnell / Physician

    Property Details for 750 Rdg Rd

    Year built
    2005
    Lot size
    7.52 lot acres
    Property type
    Grocery and convenience stores
    APN
    R0454803
    APU
    R0454803

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 16, 2020 — Viper Holdings LLC — Deed · related $3.8M · 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 $10M · Manufacturers Traders & Trust
    — — Flamingo Partners LLC — Deed Of Trust · related $10.4M · Cantor Com'l R/e Lndg

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $22,510,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $20,430,000
      6.5%
      $18,860,000
      7%
      $17,510,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $15,901,000
      Market price range: $15.9M - $30.1M

    • 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

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Castle Rock
    County
    Douglas
    State
    Colorado
    Longitude
    -104.827
    Latitude
    39.3746
    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
    2022
    $104,268
    $996,920
    $556,260
    $1,553,180
    -
    $3,437,668
    $1,918,142
    $5,355,810

    Comparable in this City

    • Value Estimation
      $9,815,000
      59,509 SF

      750 Rdg Rd

      GROCERY, SUPERMARKET
      750 Rdg Rd, Castle Rock, CO 80104-8950
      View Details
    • Value Estimation by Request
      0.92 Acres

      I-25 & Crystal Vly Pkwy

      Individual retail properties
      I-25 & Crystal Vly Pkwy, Castle Rock, CO 80104
      View Details
    • Value Estimation by Request
      1,838 SF

      310 Wilcox St

      CONVENIENCE STORE
      310 Wilcox St, Castle Rock, CO 80104-1915
      View Details
    • Value Estimation by Request
      2,400 SF

      810 Wilcox St

      CONVENIENCE STORE
      810 Wilcox St, Castle Rock, CO 80104-1742
      View Details
    • Value Estimation by Request
      3,242 SF

      246 Founders Pkwy

      CONVENIENCE STORE
      246 Founders Pkwy, Castle Rock, CO 80104-7539
      View Details
    • Value Estimation
      $980,000
      5,072 SF

      1540 Lk Gulch Rd

      CONVENIENCE STORE
      1540 Lk Gulch Rd, Castle Rock, CO 80104-9743
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,625 SF

      Castle Rock Flex/Retail Condo

      1,625 SF flex/retail condo in Castle Rock, Colorado.
      2280 Manatt Ct, Castle Rock, CO 80104
      View Details
    • Contact for pricing
      1,834 SF

      Downtown Castle Rock Retail Space

      Retail space in a prime, high-traffic Castle Rock location.
      20 Wilcox St, Castle Rock, CO 80104
      View Details
    • Contact for pricing

      Downtown Castle Rock Retail Opportunity

      Commercial building in the heart of historic Downtown Castle Rock.
      807 N Wilcox St, Castle Rock, CO 80104
      View Details
    • Contact for pricing
      10,011 SF

      Retail Property in Castle Rock

      Retail property available for sale in Castle Rock, Colorado.
      140 S Wilcox St, Castle Rock, CO 80104
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      960 SF

      Charming Downtown Castle Rock Property

      Updated commercial property with multiple rental income streams.
      109 4Th St, Castle Rock, CO 80104
      View Details
    • Contact for pricing
      1,800 SF

      Retail End Cap For Lease

      Highly visible retail space with ample parking and open floorplan.
      4284 Trail Boss Dr, Castle Rock, CO 80104
      View Details
    • Contact for pricing
      2,559 SF

      Downtown Castle Rock Retail Space

      Retail space in the heart of downtown Castle Rock.
      734 Wilcox St, Castle Rock, CO 80104
      View Details
    • Contact for pricing
      1,200 SF

      Corner Retail Suite with Windows

      Retail space with modern finish and digital signage option.
      695 Jerry St, Castle Rock, CO 80104
      View Details
    • Contact for pricing
      2,503 SF

      Retail Space Near Factory Shops

      Retail space with freeway exposure near popular shopping destination.
      4765 Front St, Castle Rock, CO 80104
      View Details
    • Contact for pricing

      Grocery-Anchored Retail Center For Rent

      Grocery-anchored retail center serving south Castle Rock.
      754 South Perry St, Castle Rock, CO 80104
      View Details

    Property Visit Statistics

    • Visits by month
      113.8k
    • Visitors by month
      39.4k
    • Avg Time on site
      20 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    750 Rdg Rd
    Castle Rock, CO 80104-8950
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    750 Rdg Rd, Castle Rock, CO, 80104
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!