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Car Storage Condo Unit

18233 Lincoln Meadows Pkwy Unit 103 Parker, CO 80134

18233 Lincoln Meadows Pkwy Unit 103, Parker, CO, 80134
$702,100
For Sale
$702,100

Secure, condo-style vehicle storage with dedicated main floor space and added mezzanine area.

Property Size2,006 SF
Price / SF$350
Days on Market48

Property Features for 18233 Lincoln Meadows Pkwy Unit 103

General Information

Standard status
Active
Size
2,006 SF
Property subtype
Garage Condo
Listing Agency Lincoln Property Company | Denver
Listed by Mark Dwyer · License #40011466
Source Lpc
Added: Jun 1 Checked: Jul 17 at 7:14 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 Lincoln Property Company | Denver


Investment Insights

Based on property information with market context.

This for-sale Vehicle Vault car storage condo unit is designed for dedicated vehicle storage, with a main floor of 1,543 SF plus an additional 463 SF mezzanine. The unit is part of a managed facility structure, supported by association dues of $485 per month.

Located at 18233 Lincoln Meadows Pkwy Unit 103 in Parker, CO 80134, the property is offered for sale as a standalone condo unit within the Vehicle Vault car storage setting. Current 2024 property taxes are listed at $12,697.

The configuration supports buyers who want private, dedicated space for vehicle storage, whether for personal collection use or as an investment in the car storage condo segment. With the added mezzanine area, the unit can also support supplementary storage needs associated with vehicle ownership, while the HOA structure helps maintain a consistent operating framework for the property.

Key Highlights

  • Vehicle Vault car storage condo unit for sale in Parker, CO
  • Main floor space: 1,543 SF
  • Additional mezzanine area: 463 SF

Local Financial Insights For Industrial

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 $41.6k $20.76
− Vacancy −$750 −$0.37
EGI $40.9k $20.39
− OpEx −$12.3k −$6.12
NOI $28.6k $14.27
2,006 SF · lease $20.76/SF/yr · vacancy 1.80% · expense 30.00%

Alternative Uses

Best Use
Industrial
$408.9K
$357.8K – $477.1K (±1% cap)
NOI $28,626 @ 7.0% cap · market cap 4.08%
Second Best
Self Storage
$284.4K
$248.8K – $331.8K (±1% cap)
NOI $19,905 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$689.0K
$602.9K – $803.9K (±1% cap)
NOI $48,232 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Splash Mobile Detail Car Wash

Suggested Use

Law Firm Parking Lot & Garage Furniture & Home Goods Grocery & Convenience Store Big Box & Wholesale Store Garden Center Food Market Clothing & Fashion Store Florist Barber Shop

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

FAQs

What type of property is this?
Self storage facility - Secure, condo-style vehicle storage with dedicated main floor space and added mezzanine area.
Where is this self storage facility located?
The property is located at 18233 Lincoln Meadows Pkwy Unit 103 Parker, CO.
What is the asking price?
The asking price for this property is $702,100.
What are key features of this property?
This property features: Vehicle Vault car storage condo unit for sale in Parker, CO; Main floor space: 1,543 SF; Additional mezzanine area: 463 SF
Contact an agent
More about this property
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