Ground-Level Endcap Office
1181 S Parker Road #105 Denver, CO 80231
1181 S Parker Road #105, Denver, CO, 80231
$320,000
For Sale
$320,000
Ground-level end unit with no-stairs access, abundant natural light, and ample on-site parking along Parker Road.
Property Size892 SF
Price / SF$358.74
Days on Market50
Property Features for 1181 S Parker Road #105
General Information
- Standard status
- Active
- Size
- 892 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1984
Listing agency
BROKERS GUILD HOMES
(303) 752-0007
Listed by
KRISTINE NGUYEN · License #100002384
Source
Corcoran
Added: Jun 3 Updated: Jul 22 at 5:09AM Checked: Jul 22 at 5:09AM
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 BROKERS GUILD HOMES
Investment Insights
Based on property information with market context.
This versatile ground-level commercial end unit offers no-stairs access and abundant natural light. The exterior is being refreshed with an exterior paint update, and a new roof has been installed. The space is move-in ready and currently operates as a hair salon with an existing salon layout, with the option to purchase the business setup—furniture, fixtures, equipment, and existing arrangement—for an additional $12,000.
Positioned at the front of the complex, the unit is described as having strong visibility from Parker Road and convenient accessibility for clients and staff. Ample on-site parking supports easy day-to-day access.
With a flexible interior layout, the space can accommodate a range of service-oriented and professional uses. It is configured for salon operation today, and the current setup may be continued by a buyer looking for an operational space from day one.
Positioned at the front of the complex, the unit is described as having strong visibility from Parker Road and convenient accessibility for clients and staff. Ample on-site parking supports easy day-to-day access.
With a flexible interior layout, the space can accommodate a range of service-oriented and professional uses. It is configured for salon operation today, and the current setup may be continued by a buyer looking for an operational space from day one.
Key Highlights
- 1984‑built commercial end unit in a ground‑level, no‑stairs layout
- Located at the front of the complex along Parker Road with high‑traffic exposure and easy access
- Abundant natural light throughout
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.5k | $26.40 |
| − Vacancy | −$6.1k | −$6.86 |
| EGI | $17.4k | $19.54 |
| − OpEx | −$4.4k | −$4.88 |
| NOI | $13.1k | $14.65 |
892 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$186.7K
$163.4K – $217.8K
NOI $13,070 @ 7.0% cap · market cap 4.08%
Second Best
Healthcare Medical
$168.8K
$147.7K – $197.0K
NOI $11,817 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$284.0K
$248.5K – $331.3K
NOI $19,877 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
A-1 Auto Sales
Car Dealership
Hair Studio 105
Hair Salon
The Law Offices of John ...
Law Firm
Blue Sky CBD
(Bike/Boat/Book/etc) Store
Kelsey Asplin, ND
Alternative Medicine Practice
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FAQs
What type of property is this?
Office units - Ground-level end unit with no-stairs access, abundant natural light, and ample on-site parking along Parker Road.
Where is this office units located?
The property is located at 1181 S Parker Road #105 Denver, CO.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 1984‑built commercial end unit in a ground‑level, no‑stairs layout; Located at the front of the complex along Parker Road with high‑traffic exposure and easy access; Abundant natural light throughout
