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.
285 days
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186
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Zillow last checked:
Listing updated:
Listed by:
Kendall Baker720-300-5212kendallb@kentwood.com,
Kentwood Real Estate Cherry Creek
Source: REcolorado as distributed by MLS GRID,MLS#: 4996329
Facts & features
Property
Lot
Size: 10,498 Square Feet
Details
Parcel number: R0081218
Zoning: B
Special conditions: Standard
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Available
Community & HOA
Community
Subdivision: Castle Rock
HOA
Has HOA: No
Location
Region: Castle Rock
Financial & listing details
Annual tax amount: $1,845
Date on market: 11/12/2025
Listing terms: Cash,Conventional
Exclusions: None.
Ownership: Individual
Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
11/12/2025
Listed for sale
$2,000,000
Source: REcolorado as distributed by MLS GRID #4996329Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
See how much you could borrow to make a competitive offer.
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.