Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,245,000
Medical Office Space
755 Perry St Castle Rock, CO 80104-1901
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-0034398
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1996
Construction
WOOD FRAME
Total area
17,197 SF
Lot
2.07 ac (90,213 SF)
APN
R0379007
UPID
US13-0034398
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
-
Jerrell Waika Herod Physician
-
Sparq Physical Therapy Medical Clinic
-
Dr. Stephen Knox Dental Office
-
Dr. Ryan Maybrook Physician
-
Dr. Jessica Herzog Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.14M
CAP Approach
CAP
$3.80M
Comparable Approach
Comparable
$2.91M
Blend (final)
Blend
$4.25M
Owner & transaction history
Batch No 3 LLC · 1 yrs held
Batch No 3 LLC
since 2025
Last sale
$4.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$6.4M
+16.8%
Retail stores
$5.9M
+6.2%
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
$3,900,000
ML approach
$4,135,000
CAP Approach
CAP Return
Estimation
6%
$4,115,000
6.5%
$3,795,000
7%
$3,525,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$5,520,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$6,445,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$5,860,000
Change: +6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,095,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$4.25M
Range $3.82M – $4.67M · ±10% · vs last sale $4.70M (Feb 1 2025)
Last sale anchor
$4.70M
Feb 1 2025
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
$247 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$122,387
Tax year 2023
Assessed value
$1,679,290
Assessed 2023
Previous assessed
$1,160,000
+44.8% YoY
Effective rate
7.29%
On assessed value
Assessed land
$281,900
Assessed improvement
$1,397,390
Land market value
$1,010,386
Improvement market value
$5,008,564
Total market value
$6,018,950
Applied tax rate
3,287.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1996
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
17,197 SF
Lot
2.07 ac (90,213 SF)
APN
R0379007
UPID
US13-0034398
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
MEDICAL BUILDING Current
Est. value
$5.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.4M
RETAIL STORES
Est. value
$5.9M
COMMERCIAL (GENERAL)
Est. value
$5.1M
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1996
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
1
Lot
2.07 ac
Current owner
From public records · entity-resolved
Batch No 3 LLC
Entity
Mailing address
7738 S GRAPE CT #5, CENTENNIAL, CO 80122-3810
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2026
—
Batch No 3 LLC
—
Deed
related
$430,000 · Keybank USA
Jul 9, 2025
—
Batch No 3 LLC
—
Deed
related
$1,629,000 · Mountain West Small Business Finance
May 6, 2025
—
Batch No 3 LLC
—
Deed
related
$328,500 · Key Bank NA
May 1, 2025
$4,700,000
Batch No 3 LLC
Axal LLC
Warranty Deed
$2,384,000 · Key Bank NA
May 1, 2025
—
Bach No 3 LLC
—
Deed
related
$1,629,000 · Key Bank NA
Aug 31, 2023
—
Axal LLC
Alax LLC
Quit Claim Deed
related
—
Jan 14, 2020
$4,000,000
Axal LLC
American Oaks Perry LLC
Special Warranty Deed
$2,800,000 · First National Bank
Dec 21, 2018
—
American Oaks-perry LLC
—
Trustees Deed
related
$250,000 · First Nat'l Bk
Oct 10, 2007
$4,005,000
American Oaks-perry LLC
Everglow LLC
Grant Deed
—
Nov 20, 2001
$1,600,000
Everglow LLC
Drinkwine Family Mortuary INC
Grant Deed
$1,900,000 · First National Bank Strasburg
—
—
American Oaks-perry LLC
—
Deed Of Trust
related
$2,000,000 · First National Bank
—
—
Everglow LLC
—
Deed Of Trust
related
$150,000 · First National Bank Strasburg
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 755 Perry St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
