Castle Rock, Colorado, offers a unique opportunity for investors to capitalize on the growing demand for industrial properties. With its strategic location at the junction of Interstate 25 and State Highway 86, Castle Rock provides easy access to major transportation hubs, including the Denver Technological Center and Denver International Airport. Industrial properties in Castle Rock can represent a range of investments, from manufacturing facilities to distribution centers, and offer a chance to tap into the town's diverse economy. The area's amenities, including Castle Rock Adventist Hospital and Philip S. Miller Park, make it an attractive location for businesses and residents alike. Additionally, the town's infrastructure, including its transportation systems and utilities, supports the growth of industrial properties. Castle Rock's geography, with its proximity to the Rocky Mountains and the Great Plains, also provides a unique setting for businesses that require access to natural resources or scenic views. The town's educational institutions, including its public schools and charter schools, provide a skilled workforce for businesses to draw from. Overall, Castle Rock's combination of location, amenities, and infrastructure make it an attractive location for industrial property investments.
Castle Rock is home to a range of property types, including 13 industrial properties for sale. In addition to industrial properties, the town also features warehouses, such as those found near the Interstate 25 corridor, which offer easy access to transportation hubs. Land for sale in Castle Rock can be found in areas like the Philip S. Miller Park, which offers scenic views and access to recreational amenities. Apartment buildings in Castle Rock, such as those found in the historic downtown district, offer a unique opportunity for investors to capitalize on the town's growing residential market. Commercial real estate in Castle Rock, including office buildings and retail spaces, can be found in areas like the Castle Rock Village, which offers a mix of local businesses and national chains. Overall, Castle Rock's diverse range of property types and locations make it an attractive location for investors looking to capitalize on the town's growing economy.
What is the average price per square foot for industrial properties in Castle Rock?
The average price per square foot for industrial properties in Castle Rock is $328 USD per square foot, with 13 available listings ranging in size from 12,660 square feet to 118,000 square feet, and an average cap rate of 8.45%.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Castle Rock, with proximity to major transportation hubs and infrastructure contributing to increased property values.
- Industrial properties located near Interstate 25, U.S. Route 87, U.S. Route 85, and Colorado State Highway 86, as well as the BNSF Railway and Union Pacific Railroad freight rail lines, tend to have higher values due to the ease of transportation and access to markets.
- The availability of reduced-fare taxi service and shuttle services for senior citizens also enhances the desirability of industrial properties in Castle Rock, making them more attractive to businesses and investors.
- Furthermore, the town's proximity to the Denver Technological Center (DTC) and Denver International Airport, major transportation hubs, increases the value of industrial properties in Castle Rock, making them more appealing to companies that rely on efficient logistics and transportation.
