Corner-Lot Duplex with Finished
For Sale
$599,000
13935 Deertrack Ln, Parker, CO 80134
New construction offers open living areas, upscale kitchen finishes, flexible work space, and an unfinished basement for future use.
Property Size2,194 SF
Days on Market18
Property Features for 13935 Deertrack Ln
General Information
Standard status
Active
Size
2,194 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$6,420
Building Details
Building Size
2,194 SF
Year Built
2024
Listing Agency:
Serhant Colorado LLC
(720) 409-7330
Listed By:
Jason Cummings · License #100005307
(720) 409-7330
Source:
Corken
Added: Aug 12
Changed: Aug 28
Last Checked: Aug 29 at 3:24PM
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 Serhant Colorado LLC
Investment Insights
Based on property information with market context.
Built in 2024, this duplex property features a stone-accented exterior, professional landscaping, a covered front porch, and a corner-lot setting with open views. The main level combines wide-plank flooring with an open living and dining arrangement, while the kitchen includes white shaker cabinets, quartz surfaces, stainless steel appliances, a gas cooktop, pantry storage, and a large island with seating. A study, mudroom, powder room, and additional storage add flexibility. The upper level provides a loft, primary suite with a quartz-appointed bathroom and glass shower, two additional bedrooms, a secondary bath, and laundry. Solar shades are installed along the staircase.
Outdoor features include a stamped concrete patio and a painted garage. The unfinished basement offers space for future living, recreation, fitness, or guest accommodations. The property is near Challenger Regional Park, Colorado Golf Club, downtown Parker, Park Meadows, commuter routes, and Douglas County schools.
Outdoor features include a stamped concrete patio and a painted garage. The unfinished basement offers space for future living, recreation, fitness, or guest accommodations. The property is near Challenger Regional Park, Colorado Golf Club, downtown Parker, Park Meadows, commuter routes, and Douglas County schools.
Key Highlights
- 2024 construction with stone‑accented exterior and professional landscaping
- Corner‑lot setting with expansive open views
- Kitchen with quartz countertops, stainless steel appliances, gas cooktop, pantry, and oversized island
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,167
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$723,340
$723.3K
Cap Rate 7%
$516,671
$516.7K
Cap Rate 9%
$401,856
$401.9K
Market Conditions
NOI Build-Up for 2,194 SF
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.
Gross rent
$54.0K $24.60/SF
− Vacancy
−$2.3K −$1.05/SF
EGI
$51.7K $23.55/SF
− OpEx
−$15.5K −$7.06/SF
NOI
$36.2K $16.48/SF
Area
Douglas County, CO
Vacancy
4.27%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$723,340
Cap Rate 7%
$516,671
Cap Rate 9%
$401,856
Alternative Uses
Best Use
Multifamily LT 5
$516.7K
$452.1K – $602.8K
NOI $36,167 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$476.1K
$416.6K – $555.5K
NOI $33,327 @ 7.0% cap · market cap 5.56%
Theoretical Best
Office A
$753.6K
$659.4K – $879.2K
NOI $52,752 @ 7.0% cap · market cap 8.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Explore this area
Business Placement
Demographics for 80134, CO
76,369
Population
28,663
Households
2.7
Avg Household Size
37
Median Age
59%
College-Educated
98%
High-School Grad
57.3 sq mi
ZIP Area
1,333
Density / Sq Mi
$142,162
Median Household Income
$66,327
Median Earnings
$2,027
Median Rent
$643,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - New construction offers open living areas, upscale kitchen finishes, flexible work space, and an unfinished basement for future use.
Where is this duplex located?
The property is located at 13935 Deertrack Ln Parker, CO.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 2024 construction with stone‑accented exterior and professional landscaping; Corner‑lot setting with expansive open views; Kitchen with quartz countertops, stainless steel appliances, gas cooktop, pantry, and oversized island
