Industrial Flex Condo Corner
18133 Lincoln Meadows Parkway #113 Parker, CO 80134
New
For Sale
$450,000
Corner industrial condo includes a large garage door and separate entry, with utilities available at the unit.
Property Size1,600 SF
Price / SF$281.25
Days on Market5
Property Features for 18133 Lincoln Meadows Parkway #113
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Commercial
Building Details
Year Built
2017
Listing Agency:
Sigma Real Estate Corporation
(303) 799-4184
Listed By:
Sean Stanley
(303) 799-4184
Source:
Coloradopartners
Added: Jul 25
Changed: Jul 26
Last Checked: Jul 28 at 4:37PM
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 Sigma Real Estate Corporation
Investment Insights
Based on property information with market context.
This corner industrial flex condo is configured as a 40' x 40' unit with a large 18' x 16.4' garage door and a separate main door entrance. The space has substantial south and west-facing windows, designed to bring in natural light. The condo is presented as a specialty-use, flex, office, warehouse, or storage option depending on the buyer’s finish and layout. A loft office area or storage mezzanine can be added up to 1/3 of the unit’s square footage.
The property is located in central Parker and sits across from the police station. It is within a gated community described as safe and secure.
Utilities are available at the unit, including water, sewer, electricity, and gas, which supports finishing and build-out to suit business or personal use.
The property is located in central Parker and sits across from the police station. It is within a gated community described as safe and secure.
Utilities are available at the unit, including water, sewer, electricity, and gas, which supports finishing and build-out to suit business or personal use.
Key Highlights
- 2017‑built Parker industrial corner condo with western views and abundant south/west‑facing windows
- Unit size is 40' x 40 with a large 18' x 16.4 garage door plus a separate main door entrance
- Utilities water, sewer, electricity, and gas are at the unit
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 | $44.7k | $27.96 |
| − Vacancy | −$7.6k | −$4.73 |
| EGI | $37.2k | $23.23 |
| − OpEx | −$9.3k | −$5.81 |
| NOI | $27.9k | $17.43 |
1,600 SF · lease $27.96/SF/yr · vacancy 16.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$398.3K
$348.5K – $464.7K
NOI $27,882 @ 7.0% cap · market cap 6.20%
Second Best
Industrial
$326.2K
$285.4K – $380.6K
NOI $22,833 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$549.6K
$480.9K – $641.2K
NOI $38,470 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
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 - Corner industrial condo includes a large garage door and separate entry, with utilities available at the unit.
Where is this flex space located?
The property is located at 18133 Lincoln Meadows Parkway #113 Parker, CO.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2017‑built Parker industrial corner condo with western views and abundant south/west‑facing windows; Unit size is 40' x 40 with a large 18' x 16.4 garage door plus a separate main door entrance; Utilities water, sewer, electricity, and gas are at the unit
