Car Storage Condo
For Sale
$702,100
18233 Lincoln Meadows Pkwy Unit 103, Parker, CO 80134
Secure, condo-style vehicle storage with dedicated main floor space and added mezzanine area.
Property Size2,006 SF
Price / SF$350
Days on Market139
Property Features for 18233 Lincoln Meadows Pkwy Unit 103
General Information
Standard status
Active
Size
2,006 SF
Property subtype
Garage Condo
Building Details
Building Size
2,006 SF
Stories
1
Listing Agency:
Lincoln Property Company | Denver
Listed By:
Mark Dwyer · License #FA.100112370
(303) 877-1620
Source:
Lpc
Added: Jun 1
Changed: Oct 3
Last Checked: Oct 16 at 6:58AM
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
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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.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,626
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$572,520
$572.5K
Cap Rate 7%
$408,943
$408.9K
Cap Rate 9%
$318,067
$318.1K
Market Conditions
NOI Build-Up for 2,006 SF
Gross rent
$41.6K $20.76/SF
− Vacancy
−$750 −$0.37/SF
EGI
$40.9K $20.39/SF
− OpEx
−$12.3K −$6.12/SF
NOI
$28.6K $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 Rate 5%
$572,520
Cap Rate 7%
$408,943
Cap Rate 9%
$318,067
Alternative Uses
Best Use
Industrial
$408.9K
$357.8K – $477.1K
NOI $28,626 @ 7.0% cap · market cap 4.08%
Second Best
Self Storage
$284.4K
$248.8K – $331.8K
NOI $19,905 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$689.0K
$602.9K – $803.9K
NOI $48,232 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,139
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
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
