Ground-Level Endcap Office
For Sale
$320,000
1181 S Parker Road Unit 105, Denver, CO 80231
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 Market128
Property Features for 1181 S Parker Road Unit 105
General Information
Standard status
Active
Size
892 SF
Property subtype
Office
Taxes and HOA fees
Annual Taxes
$4,658
Amenities
abundant natural light
ground level access
Building Details
Building Size
892 SF
Year Built
1984
Listing Agency:
Brokers Guild Homes
Listed By:
Kristine Nguyen · License #100002384
(720) 227-3978
Source:
Zencasarealty
Added: Jun 3
Changed: Sep 25
Last Checked: Oct 7 at 5:28PM
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,070
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,400
$261.4K
Cap Rate 7%
$186,714
$186.7K
Cap Rate 9%
$145,222
$145.2K
Market Conditions
NOI Build-Up for 892 SF
Gross rent
$23.5K $26.40/SF
− Vacancy
−$6.1K −$6.86/SF
EGI
$17.4K $19.54/SF
− OpEx
−$4.4K −$4.88/SF
NOI
$13.1K $14.65/SF
Area
Denver, CO
Vacancy
26.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,400
Cap Rate 7%
$186,714
Cap Rate 9%
$145,222
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 authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,166
Businesses Nearby
Explore this area
Business Placement
Demographics for 80231, CO
36,014
Population
18,252
Households
2
Avg Household Size
35
Median Age
50%
College-Educated
94%
High-School Grad
4.9 sq mi
ZIP Area
7,350
Density / Sq Mi
$73,961
Median Household Income
$48,062
Median Earnings
$1,727
Median Rent
$489,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Denver, CO
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Frequently Asked Questions
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 Unit 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
