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515 Jerry St 1,762 SF Office Building Castle Rock, CO 80104 $1,100,000 ($624.29/SF)
Investment Highlights
- Fully and completely renovated user office building in downtown Castle Rock
- Proximity to commercial activity, retail, restaurants and other services
- Easy and convenient access via two interchange connections to interstate 25
- VERY RARE parking setup with 3 spaces in front, 4 spaces in the rear, and additional curbside parking.
Executive Summary
PROPERTY HIGHLIGHTS • Highly visible property along quiet Jerry Street • Building completely renovated in 2021 • Adjacent to the heart of downtown Castle Rock • Proximity to commercial activity, retail, restaurants and other services • Town of Castle Rock - strong demographics and growth • Longer term redevelopment opportunity as zoning allows construction of a building to six stories • Zoned for Multi-family, Retail, Office, Hotel, and more • Elevated site with unobstructed views of the foothills, Pikes Peak, Castle Rock and Indian Mountain Range • Tax incentives for redevelopment can be attained from Downtown Development Authority
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
1,762 SF
Building Class
C
Year Built/Renovated
1950/2021
Price
$1,100,000
Price Per SF
$624.29
Building Height
1 Story
Typical Floor Size
1,762 SF
Building FAR
0.18
Lot Size
0.22 AC
Zoning
North Downtown Overlay - B - Commercial, Castle Rock
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Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2505-112-04-007 | Improvements Assessment | $48,790 |
| Land Assessment | $140,870 | Total Assessment | $189,660 |
Property Taxes
Parcel Number
2505-112-04-007
Land Assessment
$140,870
Improvements Assessment
$48,790
Total Assessment
$189,660
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Contact the Sale Advisor
515 Jerry St