484 Crystal Valley PkwyCastle Rock, CO 80104

Property Details for 484 Crystal Valley Pkwy

Year built

2019

Lot size

1.41 AC

Property size (Sq ft)

10,748 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

R0605368

APU

R0605368

Description

This exceptional 3,969 square foot retail space is located at 484 Crystal Valley Parkway in Castle Rock, Colorado, zip code 80104. Built in 2019, this single-story building sits on a 1.41-acre lot and offers excellent visibility due to its strategic location near the I-25 and Crystal Valley Parkway interchange. The property is zoned CO-OF Commercial/Light Office, allowing for a variety of commercial uses. The entire space is currently vacant, presenting a unique opportunity for a single tenant or multiple tenants to establish a presence in this thriving neighborhood. With ample parking (50+ spaces), this property is ideal for businesses seeking high traffic and convenient access for customers. The building boasts a total of 3,969 square feet, offering significant space for a variety of retail concepts. This location offers the chance to join Domino's Pizza in a vibrant and growing commercial area. The property's modern construction and prime location make it an attractive option for businesses seeking a strong foothold in the Castle Rock market. Interested parties should inquire about lease terms and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $3,455,904

  6.5%

  $3,190,065

  7%

  $2,962,204

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,237,760

  Geo Method

  $2,237,760

• Alternative Use

  Use

  Valuation

  Residential

  $2,690,940

  Hospitality

  $2,464,886

  Educational

  $2,050,756

  Medical

  $2,121,285

  Retail

  $3,190,065

Location Insight

City

Castle Rock

County

Douglas

State

Colorado

Latitude

39.337

Longitude

-104.868

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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