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Parker Rd And Castle Oaks Rd
Castle Rock, CO 80116
13 acres +/- of Developable Land, Hard Corner · Land For Sale
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13.00 AC
Investment Highlights
- Located at a signalized intersection on S. Parker Road (Hwy 83) and Castle Oaks Drive.
- Water, sewer, and drainage availability anticipated through municipal services.
- Low estimated property tax burden at approximately $53.56 for 2025.
- Positioned within the pathway of Castle Rock’s commercial development expansion.
- Strong traffic exposure along State Highway 83 with 16,553 vehicles per day.
- Offered at $2,499,000 for 13 contiguous acres currently zoned Agricultural.
Executive Summary
Property Facts Under Contract
1 Lot Available
Lot
| Price | $2,499,000 | Lot Size | 13.00 AC |
| Price Per AC | $192,230.77 |
| Price | $2,499,000 |
| Price Per AC | $192,230.77 |
| Lot Size | 13.00 AC |
Located at the SWC of S. Parker Rd. (Hwy 83) and Castle Oaks Dr., which is about 2-miles north of Franktown, this 13-acre site is sitting in the pathway of development.
Description
The property comprises 13 acres located at the southwest corner of Parker Road (Highway 83) and Castle Oaks Drive within Douglas County, Colorado. It is situated about 2 miles north of Franktown and sits along a primary north-south corridor linking the region to Castle Rock. The site lies within a developing commercial corridor near a lighted intersection. Water and sewer service connections are expected to be available from local municipal providers. Current zoning is Agricultural. Castle Oaks Drive provides direct connectivity to surrounding arterial routes. Average daily traffic reported is approximately 16,500 vehicles on State Highway 83 at Lake Drive.
Property Taxes
| Parcel Number | 2349-270-00-003 | Improvements Assessment | $0 |
| Land Assessment | $560 | Total Assessment | $560 |
Property Taxes
