Income-Generating Acreage with Storage
2151 Elizabeth Parker, CO 80138
2151 Elizabeth, Parker, CO, 80138
$1,600,000
For Sale
$1,600,000
35-acre property with home and 15,000 sq ft building.
Property Size2,592 SF
Lot Size35.00 Acres
Price / SF$617.28
Days on Market202
Property Features for 2151 Elizabeth
General Information
- Standard status
- Active
- Size
- 2,592 SF
- Lot size
- 35.00 Acres
- Property subtype
- Land or Vacant Lot
Building Details
- Year Built
- 2016
Listing Agency
HomesIQ
(303) 898-0598
Listed by
DAVID MATHEWES · License #100013250
Source
Corcoran
Added: Dec 29, 2025 Checked: Jul 19 at 4:31 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 HomesIQ
Investment Insights
Based on property information with market context.
This 35-acre property features a 2,592 sq. ft. ranch-style home with 3 bedrooms and 2 bathrooms. The house is built with 2x6 construction and 5/8" drywall. Attached to the home is a 15,000 sq. ft. building with a zoning variance that allows for an indoor storage business. The current owner operates a storage business, and many renters wish to stay, presenting a turnkey income opportunity. The space can be expanded or reimagined. Part of the building is used as an RV and boat repair shop, with an upper-level storage area that could be expanded for more revenue. The property offers options to continue the storage business, add new services, live onsite and manage it, or rent out the house. Agricultural zoning keeps possibilities open. Additional features include a lofting shed, chicken coop, small orchard, a small shooting range, and a backup generator. The property is located in Parker, CO.
Key Highlights
- Turnkey income opportunity with existing storage business and potential for expansion.
- Rare zoning variance allowing an indoor storage business.
- Substantial 15,000 sq. ft. building attached to the home, suitable for various business ventures.
Local Financial Insights For Retail
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 | $78.1k | $30.12 |
| − Vacancy | −$1.8k | −$0.69 |
| EGI | $76.3k | $29.43 |
| − OpEx | −$22.9k | −$8.83 |
| NOI | $53.4k | $20.60 |
2,592 SF · lease $30.12/SF/yr · vacancy 2.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$762.8K
$667.4K – $889.9K
NOI $53,393 @ 7.0% cap · market cap 3.34%
Second Best
Industrial
$528.4K
$462.4K – $616.5K
NOI $36,989 @ 7.0% cap · market cap 2.31%
Theoretical Best
Office A
$890.3K
$779.0K – $1.04M
NOI $62,321 @ 7.0% cap · market cap 3.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Self storage facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Self storage facility - 35-acre property with home and 15,000 sq ft building.
Where is this self storage facility located?
The property is located at 2151 Elizabeth Parker, CO.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Turnkey income opportunity with existing storage business and potential for expansion.; Rare zoning variance allowing an indoor storage business.; Substantial 15,000 sq. ft. building attached to the home, suitable for various business ventures.
