Castle Rock, CO
Commercial Real Estate Market Trends & Data

Castle Rock's Demographic Profile

Castle Rock has 28,971 households and a median income of $131,299, providing context for rent absorption and tenant demand across retail and multifamily assets. A +14% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 84,344
# Households 28,971
Median age 38
Median household income $131,299
Avg household size 3.0
Renter-occupied housing units 6,525
5-year population change +14%

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Castle Rock $375 1,966 SF 9.26%
Lone Tree $298 10,293 SF 6.40%
Parker $364 3,221 SF 7.24%
Highlands Ranch $230 17,547 SF 6.23%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Castle Rock $340 9,280 SF 9.26%
Parker $349 7,881 SF 7.02%
Highlands Ranch $493 8,922 SF 6.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Castle Rock $365 10,089 SF
Lone Tree $371 17,873 SF
Parker $635 11,384 SF
Highlands Ranch $411 26,134 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Castle Rock $353 5,560 SF 5.80%
Littleton $306 7,303 SF 6.44%
Centennial $330 9,539 SF 7.65%
Englewood $284 13,177 SF 7.07%

Commercial Properties For Sale in Castle Rock

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

515 Jerry St

Castle Rock, CO 80104

  • 1,762 SF Office Building
  • $1,100,000
For Sale

Sandstone Care | 12+yrs Remaining NN

Castle Rock, CO 80104

  • 30,391 SF Health Care Building
  • 7.00% Cap Rate
  • $8,348,000
For Sale

13 acres +/- of Developable Land, Hard Corner

Castle Rock, CO 80116

  • 13 AC Lot
  • 1 Agricultural Lot
  • $2,800,000
For Sale

29 S Cantril Street

Castle Rock, CO 80104

  • 1,200 SF Flex Building
  • $430,000
For Sale

Building C

Castle Rock, CO 80109

  • 11,698 SF Industrial Building
  • 6.00% Cap Rate
  • $379,000
For Sale

Building D

Castle Rock, CO 80104

  • 9,600 SF Retail Building
  • $527,500

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Castle Rock pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Castle Rock $358 9,727 SF
Castle Pines $366 10,661 SF
Larkspur $593 1,265 SF
Lone Tree $314 12,261 SF

Multifamily Properties For Sale in Castle Rock

For Sale

The Brickyard Apartments

Castle Rock, CO 80109

  • 250,000 SF Multifamily
  • $720,000 - $3,650,000

Regional Demographic Comparison

This comparison places Castle Rock alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Castle Rock or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Castle Rock 84,344 28,971 38 $131,299 3 6,525 14%
Franktown 421 144 43 $116,193 3 13 14%
Castle Pines 18,754 6,632 48 $199,709 3 797 14%
Larkspur 184 71 56 $160,416 3 5 10%
Lone Tree 16,563 6,955 41 $123,039 2 3,113 13%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Castle Rock, CO and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Castle Rock

View All Commercial Real Estate For Sale in Castle Rock
Is Castle Rock a good market for a first-time commercial real estate investor?

Castle Rock offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Castle Rock?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Castle Rock. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Castle Rock?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Castle Rock. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Castle Rock compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Castle Rock. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Castle Rock acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Castle Rock, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.