$2,000,000

Estimated payment $10,768/month

Total Views 8,466
0.24 Acre
$8,333,333 Price per Acre
10,498 Sq Ft Lot

Highlights

  • No HOA
  • Development of the land is complete
  • 5-minute walk to Festival Park

About This Lot

Prime redevelopment opportunity in the heart of downtown Castle Rock! This 10,498 SF corner double lot sits prominently at the intersection of Fifth Street and Perry Street, offering outstanding visibility, frontage, and accessibility in one of Castle Rock’s most active and walkable areas. Surrounded by a vibrant mix of restaurants, boutique retail, bars, and entertainment venues, this site is perfectly positioned to capture steady foot and vehicle traffic from the thriving downtown corridor. The property’s “B” zoning allows for a wide range of business and commercial uses, providing flexibility for redevelopment into retail, office, mixed-use, or hospitality projects. With its high-traffic location, strong local demographics, and proximity to community amenities, this site presents an
exceptional opportunity for investors or developers to create a signature project in one of Colorado’s fastest-growing and most dynamic downtowns.

Listing Agent

Kendall Baker

Kentwood Real Estate Cherry Creek Brokerage Email: kendallb@kentwood.com,720-300-5212 License #100072630 Listed on: 11/12/2025

Kentwood Real Estate Cherry Creek

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,845

Lot Details

  • 10,498 Sq Ft Lot
  • Development of the land is complete

Community Details

  • No Home Owners Association
  • Castle Rock Subdivision

Listing and Financial Details

  • Assessor Parcel Number R0081218

Property Details

Property Type

Land

Est. Annual Taxes

$1,845

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • Current Use: Commercial
  • Exclusions: None.
  • Directions: From downtown Denver, get on Interstate 25 (I-25) South. Continue south on I-25 for approximately 25-30 miles toward Castle Rock. Take the exit for Castle Rock / Downtown Castle Rock and merge off I-25. After exiting, head into downtown Castle Rock. Navigate to Perry Street and 5th. The property is located on the corner.
  • SubdivisionName: Castle Rock
  • Ownership: Individual
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 1
  • Special Features: None

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Lot Info

  • Parcel Number: R0081218
  • Lot Size Acres: 0.24
  • Possible Use: Commercial, Multi-Family
  • Lot Size Sq Ft: 10498

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1845

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,845 $31,630 $9,680 $21,950
2024 $1,845 $35,900 $8,820 $27,080
2023 $1,869 $35,900 $8,820 $27,080
2022 $1,243 $24,800 $6,330 $18,470
2021 $1,296 $24,800 $6,330 $18,470
2020 $1,158 $23,430 $5,040 $18,390
2019 $1,163 $23,430 $5,040 $18,390
2018 $823 $18,450 $4,290 $14,160
2017 $756 $18,450 $4,290 $14,160
2016 $549 $15,910 $3,970 $11,940
2015 $282 $15,910 $3,970 $11,940
2014 $274 $14,230 $2,870 $11,360
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2025 11/12/25 For Sale $2,000,000 -- --
Source: REcolorado®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- --
Deed -- --
Source: Public Records

Source: REcolorado®

MLS Number: 4996329

REcolorado®

APN: 2505-111-20-001

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