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1810 Park St 5,040 SF 100% Leased Flex Building Castle Rock, CO 80109 $1,772,583 CAD ($351.70 CAD/SF) 6.23% Cap Rate

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Investment Highlights

  • 5,040 square feet freestanding industrial building on 0.44 acre lot
  • Equipped with 4 Drive-In doors
  • Zoned I-2, allowing for intensive industrial uses
  • Balanced ratio of 65% warehouse space and 35% office space
  • Currently occupied by two tenants on short term leases
  • New HVAC and recent interior upgrades

Executive Summary

1810 Park St. features a 5,040 SF freestanding industrial building situated on a 0.44- acre lot in the highly sought-after Castle Rock market. With four drive-in doors, 12’ clear heights, and a functional mix of office (35%) and warehouse (65%) space, the building is perfectly suited for a wide variety of industrial operations.
The property is currently fully occupied by two tenants on short-term leases, offering a buyer immediate cash flow with significant upside. This flexible arrangement allows an investor to transition the building to market-rate leases or provides an owner-user the opportunity to occupy the facility while maintaining a versatile, high-demand asset.
Offered at $1,295,000 and supported by flexible I-2 zoning, this property represents a rare opportunity to acquire a well-positioned industrial asset in a high-growth corridor. With industrial vacancy in the Castle Rock/Parker submarket remaining exceptionally tight at approximately 3.5%, this asset is positioned perfectly. Its combination of strong building fundamentals and prime location makes it an ideal acquisition for those looking for long-term stability and value appreciation.

Property Facts

Price $1,772,583 CAD
Price Per SF $351.70 CAD
Sale Type Investment
Cap Rate 6.23%
Property Type Flex
Building Class C
Lot Size 0.44 AC
Rentable Building Area 5,040 SF
No. Stories 1
Year Built 1981
Parking Ratio 3.57/1,000 SF
Clear Ceiling Height 12’
No. Drive In / Grade-Level Doors 3
Zoning I1-2, Castle Park

Amenities

  • Fenced Lot

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • A & B Mechanical
  • Construction
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
A & B Mechanical Construction - - -

Property Taxes

Property Taxes

Parcel Number
2505-031-01-025
Land Assessment
$70,356 CAD
Improvements Assessment
$338,324 CAD
Total Assessment
$408,680 CAD
  • Listing ID: 39494922

  • Date on Market: 2026-02-19

  • Last Updated:

  • Address: 1810 Park St, Castle Rock, CO 80109

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