Turn-key Medical Office
For Sale
$1,050,000
10219 Parkglenn Way, Parker, CO 80138
Central Parker location, ready for dental or medical practice.
Property Size1,700 SF
Price / SF$388.89
Days on Market149
Property Features for 10219 Parkglenn Way
General Information
Standard status
Active
Size
1,700 SF
Class
C
Property subtype
Office - Medical Office
Building Details
Building Size
1,700 SF
Year Built
2001
Listing Agency:
NavPoint Real Estate Group
Listed By:
Matt Kulbe · License #FA.100014080
(720) 635-4591
Source:
Commercialcafe
Added: May 20
Changed: Oct 9
Last Checked: Oct 14 at 8:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NavPoint Real Estate Group
Investment Insights
Based on property information with market context.
This 2,700 square foot condo is a turn-key dental or medical office space. Formerly a maxillofacial and oral surgery center, the property is located in central Parker, Colorado, minutes from Parker Road. It is suitable for commercial real estate use.
Key Highlights
- Turn‑key dental/medical office condo ready for your practice.
- Formerly a maxillofacial and oral surgery center, equipped for immediate use.
- Prime central Parker location offers excellent accessibility.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,050
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$941,000
$941.0K
Cap Rate 7%
$672,143
$672.1K
Cap Rate 9%
$522,778
$522.8K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$75.5K $27.96/SF
− Vacancy
−$12.8K −$4.73/SF
EGI
$62.7K $23.23/SF
− OpEx
−$15.7K −$5.81/SF
NOI
$47.1K $17.43/SF
Area
Douglas County, CO
Vacancy
16.90%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$941,000
Cap Rate 7%
$672,143
Cap Rate 9%
$522,778
Alternative Uses
Best Use
Office B
$672.1K
$588.1K – $784.2K
NOI $47,050 @ 7.0% cap · market cap 4.48%
Second Best
Healthcare Medical
$553.6K
$484.4K – $645.8K
NOI $38,749 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$927.4K
$811.5K – $1.08M
NOI $64,918 @ 7.0% cap · market cap 6.18%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,260
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80138, CO
34,337
Population
12,752
Households
2.7
Avg Household Size
41
Median Age
49%
College-Educated
95%
High-School Grad
61.9 sq mi
ZIP Area
555
Density / Sq Mi
$142,397
Median Household Income
$60,990
Median Earnings
$1,919
Median Rent
$679,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Central Parker location, ready for dental or medical practice.
Where is this medical office space located?
The property is located at 10219 Parkglenn Way Parker, CO.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Turn‑key dental/medical office condo ready for your practice.; Formerly a maxillofacial and oral surgery center, equipped for immediate use.; Prime central Parker location offers excellent accessibility.
