4348 Woodlands BlvdCastle Rock, CO 80104

Property Details for 4348 Woodlands Blvd

Year built

2008

Lot size

1.26 AC

Property size (Sq ft)

20,579 SF

Property type

Medical offices

Property subtype

Medical centers

APN

R0467079

APU

R0467079

Description

This exceptional Class A office building, constructed in 2008, offers 20,307 square feet of space in Castle Rock, Colorado. Located at 4348 Woodlands Blvd, at the southeast corner of Founders Parkway and Woodlands Boulevard, this two-story building boasts excellent visibility and convenient access to Interstate 25. The property features 101 parking spaces and a single elevator. Suites range from a minimum of 2,039 square feet to a maximum contiguous space of 3,954 square feet, with a total of 5,993 square feet currently vacant. The building's 11-foot ceilings provide ample space, and while currently configured for standard office use, the suites are easily adaptable for medical office needs. The building is zoned B2 and has a building floor area ratio (FAR) of 0.37. Its prime location offers outstanding views and is surrounded by numerous dining and service amenities. This property presents a unique opportunity for businesses seeking a high-quality, well-located office space in the thriving Parker/Castle Rock submarket of Denver. The APN is 2351-264-02-023.

• CAP approach

  CAP return

  Valuation

  6%

  $5,101,510

  6.5%

  $4,709,080

  7%

  $4,372,720

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,700,240

  Geo Method

  $1,700,240

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $9,432,380

  Retail / Commercial

  $4,805,310

  Mixed-Use / Specialty

  $4,763,300

  Hospitality / Lodging

  $3,462,290

  Institutional / Educational

  $4,943,020

  Residential Income

  $5,783,330

  Multifamily

  $7,074,140

  Automotive / Energy

  $4,236,870

  Parking / Income-Based Land

  $1,486,670

  Restaurant / Food Service

  $2,424,330

  Healthcare / Senior Housing

  $4,910,180

Location Insight

City

Castle Rock

County

Douglas

State

Colorado

Latitude

39.4064

Longitude

-104.852

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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