Your email has been sent.
502 Front Street - 502 Front Street 0.27 Acres of Commercial Land Offered at $995,000 in Castle Rock, CO 80104
INVESTMENT HIGHLIGHTS
- (2) Triplex Buildings
- (6) Total Units at ~1,117sf each
- Parking spaces - 2.33/unit
- 2-Story units
- b 2 Bedroom / 2 Bathroom
EXECUTIVE SUMMARY
502 Front Street in Castle Rock, CO, is a prominent commercial property that offers excellent opportunities for both single family and multifamily residential development. Situated in the heart of Castle Rock, the property benefits from proximity to various amenities, including restaurants, shops, and recreational facilities, creating a vibrant community atmosphere. The property is primed for multifamily development with fully designed plans for two – triplex buildings.
Location Overview:
The property benefits from its placement on Front Street, a well-trafficked roadway that provides excellent visibility and access to both local residents and visitors. The surrounding neighborhood features a charming mix of historic buildings and modern developments, contributing to a welcoming community atmosphere. With its proximity to major roadways and easy access to Interstate 25, residents and customers can conveniently travel to other parts of the Denver metropolitan area.
Design Highlights:
- (2) Triplex Buildings
- 2-Story units
- (6) Total Units at ~1,117sf each
- 2 Bedroom / 2 Bathroom
- Parking spaces - 2.33/unit
Zoning Description:
The main use permitted in the R-3 District is for moderate-scale residential dwellings, including single-family, two-family, and multifamily units. Permitted uses by right in the R-3 District include any uses allowed in the R-1 and R-2 Districts (subject to specific requirements), multifamily dwellings, boarding and rooming houses, and bed and breakfast establishments.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $995,000 | Lot Size | 0.27 AC |
| Price Per AC | $3,685,185.19 |
| Price | $995,000 |
| Price Per AC | $3,685,185.19 |
| Lot Size | 0.27 AC |
Prime 11,891 SF R-3 lot in Castle Rock with approved plans for two triplexes (6 units). Ideal location near downtown amenities and I-25. Strong multifamily or investment opportunity with excellent visibility and access.
DESCRIPTION
Prime Triplex Development Lot for Sale in Castle Rock, CO | Approved Plans | R-3 Zoning Discover a premier development opportunity in the growing town of Castle Rock, Colorado. Located at 502 Front Street, this 11,891 SF lot (0.273 acres) is zoned R-3 and comes fully designed and approved for two triplex buildings—a total of six 2-bedroom, 2-bathroom units across two stories, each approximately 1,117 square feet. This shovel-ready multifamily development site includes detailed architectural plans and offers a 2.33:1 parking ratio, making it ideal for builders, developers, or investors looking for a turnkey residential project in one of Colorado’s fastest-growing markets. Key Highlights: 1. Land for Sale in Castle Rock, CO 2. Total Lot Size: 11,891 SF / 0.273 AC 3. Zoned R-3 – Medium-density residential zoning 4. Approved for 2 Triplexes – 6 total units (~1,117 SF each) 5. 2 Beds, 2 Baths per unit with 2 stories 6. Fully designed and engineered plans included 7. Strong local demand for new housing inventory 8. Excellent visibility along Front Street 9. Convenient access to I-25 and Downtown Castle Rock Strategic Location: Situated just minutes from I-25 and a short walk to historic Downtown Castle Rock, the property is surrounded by parks, schools, shops, restaurants, and entertainment venues. This central location makes it attractive for both renters and owner-occupants. The area features a blend of charming historic homes and new developments, creating a well-balanced, walkable community atmosphere. Investment Opportunity: With Castle Rock’s population projected to grow by over 13% in the next five years, this lot presents a rare opportunity to meet the high demand for quality multifamily housing. Median household incomes exceed $120,000 in the surrounding area, and housing inventory remains tight—factors that make this project highly attractive to both long-term investors and homebuilders. Whether you plan to build-to-sell or hold for rental income, this lot is ideal for: 1. Residential developers 2. Build-for-rent operators 3. Small multifamily investors 4. Urban infill builders 5. 1031 exchange buyers Bonus: Save Time and Costs This property comes with fully approved development plans, significantly reducing entitlement risk and permitting delays. The design complies with R-3 zoning and leverages optimal site coverage while maintaining a residential character. Don’t miss this rare chance to secure a pre-approved, centrally located triplex development site in Castle Rock, CO. Contact the Transworld Commercial Real Estate team today for the full offering package.
PROPERTY TAXES
| Parcel Number | 2505-111-08-002 | Improvements Assessment | $0 |
| Land Assessment | $58,260 | Total Assessment | $58,260 |
PROPERTY TAXES
Presented by
502 Front Street - 502 Front Street
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.