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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Office Spaces
840 Kinner St Castle Rock, CO 80109-1514
Entity Owned
4-yr Hold
Free & Clear
Property ID
US13-1021517
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1983
Construction
WOOD FRAME
Total area
2,256 SF
Lot
0.36 ac (15,464 SF)
APN
R0076582
UPID
US13-1021517
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
-
Xperience Promotions Marketing & Advertising
-
HardBeauty Headquarters Community Center
-
HardBeauty Mechanical HVAC Service General Contractor
-
Fidelity National Title Insurance Co. Title Company
-
Design Resource Group Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
$435k
Comparable Approach
Comparable
$795k
Blend (final)
Blend
$630k
Owner & transaction history
840 Limited LLC · 4 yrs held
840 Limited LLC
since 2021
Last sale
$660,000
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$970,000
+26.6%
Neighborhood: shopping center
$845,000
+10.6%
Retail stores
$770,000
+0.5%
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
$620,000
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
$470,000
6.5%
$435,000
7%
$405,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$765,000
Current use
AUTO REPAIR, GARAGE
$970,000
Change: +27% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$845,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$770,000
Change: +0% · Conversion: Easy
MEDICAL BUILDING
$725,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$630k
Range $567k – $693k · ±10% · vs last sale $660k (Oct 8 2021)
Last sale anchor
$660k
Oct 8 2021
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
$279 / 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
$12,676
Tax year 2023
Assessed value
$188,830
Assessed 2023
Previous assessed
$160,710
+17.5% YoY
Effective rate
6.71%
On assessed value
Assessed land
$56,090
Assessed improvement
$132,740
Land market value
$201,032
Improvement market value
$475,768
Total market value
$676,800
Applied tax rate
215.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1983
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
2,256 SF
Lot
0.36 ac (15,464 SF)
APN
R0076582
UPID
US13-1021517
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
COMMERCIAL (GENERAL) Current
Est. value
$765,000
AUTO REPAIR, GARAGE
Est. value
$970,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$845,000
RETAIL STORES
Est. value
$770,000
MEDICAL BUILDING
Est. value
$725,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
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
1983
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
840 Limited LLC
Entity
Free & Clear · 4 yrs held
Mailing address
607 CLIFFGATE LN, CASTLE ROCK, CO 80108-8395
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2021
$660,000
840 Limited LLC
Denver Metro Association Of Realtor
Correction Deed
related
—
Oct 8, 2021
$660,000
840 Limited LLC
Denver Metro Association Of Realtor
Special Warranty Deed
—
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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