Remodeled Office Condo For
1231 S Parker Road #100A Denver, CO 80231
1231 S Parker Road #100A, Denver, CO, 80231
$313,000
For Sale
$313,000
Recently remodeled commercial office condo in central Denver location.
Property Size1,205 SF
Price / SF$259.75
Days on Market243
Property Features for 1231 S Parker Road #100A
General Information
- Standard status
- Active
- Size
- 1,205 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: Nov 20, 2025 Updated: Jul 6 at 9:55 am Checked: Jul 19 at 4:06 am
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 recently remodeled commercial office condo is located in a central and highly accessible area of Denver. Previously used as a medical office, the adaptable space is suitable for various professional, medical, or service-based businesses. The floor plan includes three rooms, featuring a spacious reception area and a large adjacent open space. The property is professionally managed and includes well-maintained landscaping and ample parking. Convenient access from Leetsdale Drive, as it transitions into Parker Road, enhances visibility and commute ease. Situated near the High Line Canal, this ground-level end unit offers no-stair access. The mature landscaping surrounding the building contributes to its professional curb appeal. The property is positioned minutes from Denver’s business corridors, dining, retail, and major transportation routes. The property size is 1205 square feet.
Key Highlights
- Prime Denver location with convenient access to major roads, business corridors, dining, and retail.
- Versatile layout suitable for various professional, medical, or service‑based businesses, including a spacious reception area and large open space.
- Ground‑level end unit with no‑stair access for clients, patients, and staff.
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 | $31.8k | $26.40 |
| − Vacancy | −$8.3k | −$6.86 |
| EGI | $23.5k | $19.54 |
| − OpEx | −$5.9k | −$4.88 |
| NOI | $17.7k | $14.65 |
1,205 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$252.2K
$220.7K – $294.3K
NOI $17,656 @ 7.0% cap · market cap 5.64%
Second Best
Healthcare Medical
$228.1K
$199.6K – $266.1K
NOI $15,964 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$383.6K
$335.7K – $447.5K
NOI $26,852 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Denver Cosmetic & Implant ...
Dental Office
Charlton Investment Services ...
Financial Advisor
Mimmack Frederick W ...
Physician
Discover Health and Wellness ...
Alternative Medicine Practice
ITbriefcase | CIO for Small ...
Professional Services
Similar For Sale Nearby
Similar Off Market Nearby
- Banfield Pet Hospital — 1402 S Parker Rd Unit A100, Denver, CO 80231
- Colorado Equine Crisis Inc — 7373 e iowa ave, denver, co 80231
FAQs
What type of property is this?
Medical Office Space - Recently remodeled commercial office condo in central Denver location.
Where is this medical office space located?
The property is located at 1231 S Parker Road #100A Denver, CO.
What is the asking price?
The asking price for this property is $313,000.
What are key features of this property?
This property features: Prime Denver location with convenient access to major roads, business corridors, dining, and retail.; Versatile layout suitable for various professional, medical, or service‑based businesses, including a spacious reception area and large open space.; Ground‑level end unit with no‑stair access for clients, patients, and staff.
