502 Front Street
Castle Rock, CO 80104
502 Front Street · Land For Sale · 0.27 AC

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.