103 4Th StCastle Rock, CO 80104

Property Details for 103 4Th St

Year built

2008

Lot size

0.02 AC

Property size (Sq ft)

1,220 SF

Property type

Office properties

APN

R0477208

APU

R0477208

Description

This exceptional 1,017-square-foot office space is ideally situated on the first floor of a professional building in the heart of downtown Castle Rock, Colorado. The single-tenant occupancy offers privacy and control, perfect for a small business or expanding company. The layout is highly functional, featuring four private offices, a comfortable waiting area for clients, and a convenient kitchenette. This allows for efficient workflow and a welcoming atmosphere. The building offers ample parking, ensuring easy access for employees and visitors. The address is 103 Fourth St, Castle Rock, CO 80104. The location provides a quiet and professional environment, ideal for businesses seeking a productive workspace. This traditional office space presents a fantastic opportunity to establish a strong presence in a thriving Colorado community. The property is currently vacant and ready for immediate occupancy. The space is well-suited for a variety of professional uses, offering a blend of privacy and accessibility. Its prime downtown location provides excellent visibility and convenient access to local amenities. This is a rare opportunity to secure a well-appointed office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $266,856

  6.5%

  $246,328

  7%

  $228,733

• Comparable approach

  Method

  Valuation

  Relative Method

  $100,796

  Geo Method

  $100,796

• Alternative Use

  Use

  Valuation

  Residential

  $305,447

  Hospitality

  $279,788

  Educational

  $232,780

  Medical

  $240,786

  Retail

  $362,103

Location Insight

City

Castle Rock

County

Douglas

State

Colorado

Latitude

39.3736

Longitude

-104.862

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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