Douglas County
Property Location: East corner Low Meadow Blvd. & Red Hawk Drive, Castle Rock
Property Description: 98 residential lots
Land Size: 10.7 acres within the 98 lots and 5.71 acres within the three tracts
Sales Price: $3.48M, or $4.86 per sf (gross) & $7.46 per sf (net) & $35,500/lot
Reception No.: 2016065154
Closing Date: 9/19
Grantor: Castle Rock Development, Jim Riley, pres.
Grantee: Century at the Meadows LLC
Comments: Lots 1-16, Block 1; Lots 1-11, Block 2; Lots 1-19, Block 3; Lots 1-12, Block 4; Lots 1-12, Block 5; Lots 1-28, Block 6; Tracts A, B, & D, The Meadows Filing No. 18 12th amendment plat; see 2016061493. The total lots and tracts equate to 16.42 acres.
Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.