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$2,000,000

  • For Sale
  • Active
  • Lots/Land
  • 0.24 Acres
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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.

Full Property Details for 422 Perry St

General

  • Price: $2,000,000
  • Taxes: $1,845 (2024)
  • Status: Active
  • Type: Lots/Land
  • Source: MetroList_Colorado
  • MLS ID: 4996329
  • Updated: 11/12/2025
  • Added to Site: 329 day(s) ago

Location

  • County: Douglas
  • Subdivision: Castle Rock
  • Driving 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.

School Information

  • Elem School District: Douglas RE-1
  • Midd School District: Douglas RE-1
  • High School District: Douglas RE-1

Community

  • Pets Allowed: Yes

Utilities

  • Gas: Yes
  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available, Natural Gas Available

Structural Information

  • Current Bldg. Use: Commercial

Lot Features

  • Lot Size (Acres): 0.24
  • Lot Size (Sq. Ft.): 10,498
  • Permitted Use: Commercial, Multi-Family
  • Zoning: B

Financial Considerations

  • Tax Amount: $1,845
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Ownership: Individual
  • Special Conditions: None
  • Legal Description: LOTS 1 & 2 BLK 11 TOWN OF CASTLE ROCK 0.241 AM/L
  • Exclusions: None.
  • Property ID: R0081218

Listed by Kentwood Real Estate Cherry Creek

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Listing agent

— 422 Perry St —

  • Kentwood Real Estate Cherry Creek

kendallb@kentwood.com,720-300-5212

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 422 Perry St

School District:Douglas County School District Re-1
NameGradesDistance
South Ridge Elementary An Ib World School
1100 South Street, Castle Rock, CO 80104
K-60.8 mi
Mesa Middle School
365 North Mitchell Street, Castle Rock, CO 80104
7-83.3 mi
Douglas County High School
2842 Front Street, Castle Rock, CO 80104
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 422 Perry St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,845
—
$34,420
-4%
2024
$1,845
-1%
$35,900
—
2023
$1,869
44%
$35,900
41%
2021
$1,296
4%
$25,510
3%
2022
$1,243
7%
$24,800
6%
2020
$1,158
—
$23,430
—
2019
$1,163
41%
$23,430
27%
2018
$823
9%
$18,450
—
2017
$756
38%
$18,450
16%
2016
$549
-3%
$15,910
—
2015
$564
-48%
$15,910
12%
2013
$1,095
—
$14,230
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Kentwood Real Estate Cherry Creek

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422 Perry Street, Castle Rock, CO 80104 (MLS# 4996329) is a Lots/Land property with a lot size of 0.24 acres. 422 Perry Street is currently listed for $2,000,000 and was received on November 12, 2025. Want to learn more about 422 Perry Street? Do you have questions about finding other Lots/Land real estate for sale in Castle Rock? You can browse all Castle Rock real estate or contact a Coldwell Banker agent to request more information.

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