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    5490 S Parmalee Gulch Rd Indian Hills, CO 80454

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    For Sale
    $884,000

    Unique retail investment opportunity in the heart of Indian Hills.

    Property size:
    2,918 SF
    Lot size:
    2.15 Acres

    Property Features for 5490 S Parmalee Gulch Rd

    General Information

    Size
    2,918 SF
    Lot size
    2.15 Acres

    Source: Evergreen Commercial Group Agent Bill Downes, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Charming Retail Space in Indian Hills

    This retail investment opportunity is located in Indian Hills, Colorado. The property features a 2,918-square-foot building, constructed in 1928 and updated with modern elements. The property is a one-unit retail space suited for a street retail investor. Zoned C1, the property is suitable for various retail concepts. The property also has historic appeal and distinctive character. The space can be modified into office spaces or a work-live situation. In addition, there is a 777 square foot heated garage/warehouse/shop space with a 220 line, all on a 2.15-acre lot.
    Insight Report Location Intelligence

    Current Use by Public Records

    Council of Academic Programs ... Technical School JMS Association Management ... Association / Organization The Meeting Sanctuary Event Venue Colorado Space Business ... Association Or Organization Gorm International Exporter

    Suggested Use

    Restaurant Spa & Massage Building Supply Hair Salon Nail Salon Hotel & Motel Gym & Fitness HVAC Service Bar & Pub Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indian Hills
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.2365579
    Latitude
    39.6175374

    Nearby Similar for Sale

    • $1,079,000
      2,918 SF

      Prime Indian Hills Retail Space

      Historic Meeting Venue, 2,918 SF
      5490 Parmalee Gulch Rd, Indian Hills, CO 80454
      View Details

    FAQs

    What type of property is this?
    Retail space - Unique retail investment opportunity in the heart of Indian Hills.
    Where is this retail space located?
    The property is located at 5490 S Parmalee Gulch Rd Indian Hills, CO.
    What is the asking price?
    The asking price for this property is $884,000.
    What are key features of this property?
    This property features: - Prime retail investment opportunity in Indian Hills, Colorado.; - Versatile C1 zoning suitable for various retail concepts or office/work-live conversion.; - **2,918 SF building updated with a modern flair, retaining historic charm.**
    (303) 880-9880
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5490 S Parmalee Gulch Rd Indian Hills, CO 80454
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