Private Garage Flex
New
For Sale
$195,000
18133 Lincoln Meadows Pkwy, Parker, CO 80134
Commercial Sale, Parker, CO
Property Size657 SF
Lot Size0.07 Acres
Price / SF$296.80
Days on Market2
Property Features for 18133 Lincoln Meadows Pkwy
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
IND
Subdivision
North Of Pueblo County
Lot features
Free Standing
Elementary school
Douglas
Middle school
Douglas
High school
Douglas
Standard status
Active
APN
R0604897
Size
657 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Unit 109BLDG 2 Vehicle Vault Village Condos
Tax Annual Amount
6249
HOA Fee
$221 Annually
Legal Description
Unit 109BLDG 2 Vehicle Vault Village Condos
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Water source
Public
Amenities
water and sewer
common-area electricity
landscaping
snow removal
security/gates
trash removal
24/7 unlimited access
Building Details
Year built
2018
Floors in Building
1
Roof type
Asphalt
Listing Agency:
Equity Colorado
(719) 203-5051
Listed By:
Sharon Ramirez
(303) 522-6173
Added: Sep 4
Last Checked: Sep 5 at 11:06PM
MLS# 242112
Copyright © 2026 Pueblo Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Unit #109 is a 657-square-foot private garage condominium within Vehicle Vault Village, offering adaptable space for vehicle storage, collections, hobbies, business storage, or personal workspace. The unit includes an interlocking Tile System floor with a blue accent, electric heat, overhead lighting, an installed electrical panel, floor drain, and fire sprinkler system. A bathroom rough-in is also present for a future bath, subject to buyer verification. Generous vertical clearance may support mezzanine potential, with build-out requirements and permitted uses to be independently confirmed.
The property sits on a 0.07-acre site at 18133 Lincoln Meadows Pkwy in Parker, Colorado. Owners receive 24/7 unlimited access, while association services include water and sewer, common-area electricity, landscaping, snow removal, security gates, and trash removal. The 2018-built unit has public water and public sewer, electric heating, and an asphalt roof. Access to E-470, I-25, and the surrounding South Metro area is identified in the property information.
The property sits on a 0.07-acre site at 18133 Lincoln Meadows Pkwy in Parker, Colorado. Owners receive 24/7 unlimited access, while association services include water and sewer, common-area electricity, landscaping, snow removal, security gates, and trash removal. The 2018-built unit has public water and public sewer, electric heating, and an asphalt roof. Access to E-470, I-25, and the surrounding South Metro area is identified in the property information.
Key Highlights
- 657 SF private garage condominium unit
- 0.07‑acre site with IND zoning
- Interlocking Tile System floor with custom blue accent
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
$9,376
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
4.81%
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%
$187,520
$187.5K
Cap Rate 7%
$133,943
$133.9K
Cap Rate 9%
$104,178
$104.2K
Market Conditions
NOI Build-Up for 657 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
$13.6K $20.76/SF
− Vacancy
−$246 −$0.37/SF
EGI
$13.4K $20.39/SF
− OpEx
−$4.0K −$6.12/SF
NOI
$9.4K $14.27/SF
Area
Douglas County, CO
Vacancy
1.80%
Lease Rate
$20.76 /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%
$187,520
Cap Rate 7%
$133,943
Cap Rate 9%
$104,178
Alternative Uses
Best Use
Industrial
$133.9K
$117.2K – $156.3K
NOI $9,376 @ 7.0% cap · market cap 4.81%
Second Best
Flex RnD
$122.5K
$107.2K – $142.9K
NOI $8,573 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$225.7K
$197.5K – $263.3K
NOI $15,797 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,139
Businesses Nearby
Balanced
Demand for This Use
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 Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Sweet Lorraines Catering — 10465 S Parker Rd, Parker, CO 80134
- Charminar Express Indian Food Truck — S Parker Rd, Parker, CO 80134
Frequently Asked Questions
What type of property is this?
Flex space - Secure condominium workspace with heating, overhead lighting, electrical service, and round-the-clock owner access.
Where is this flex space located?
The property is located at 18133 Lincoln Meadows Pkwy Parker, CO.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 657 SF private garage condominium unit; 0.07‑acre site with IND zoning; Interlocking Tile System floor with custom blue accent
