This land encircles the Care Center, which is currently applying for a major expansion, and is suitable for Future Development in the very popular north Castle Rock area called Promenade East. Alberta Development Group controls neighboring parcel on west side. Re-zoning in Douglas County will be required if Buyer wishes to develop for Industrial/Commercial or Multi-Family Residential uses. Approximately 25% of property is on land too steep for development, but good for open space. Terrific views of Town, Mountains & Valley; excellent possibilities. Existing "building shell" of rhyolite stone building may be renovated or scraped, this was the original caretakers home for Care Center. Note: Asbestos removal and remediation has been completed! This Site has EXCELLENT I-25 visibility in both directions!