High-Visibility Retail Space on
For Sale
Contact for pricing
2199 S Parker Rd, Denver, CO 80231
Retail-zoned space on a high-traffic corridor in Denver.
Property Size10,100 SF
Lot Size0.84 Acres
Price / SF$297.03
Days on Market232
Property Features for 2199 S Parker Rd
General Information
Standard status
Active
Size
10,100 SF
Total Parking Spaces
41
Lot size
0.84 Acres
Property subtype
Retail
Zoning
B-1, Denver
Occupancy
100%
Net Operating Income
$208,996
Building Details
Year Built
1983
Stories
1
Tenancy
Multi
Listing Agency:
Brockman Group
Listed By:
Justin Brockman Jules Hochman · License #ER 04002671
Source:
Crexi
Added: Feb 24
Changed: Oct 7
Last Checked: Oct 12 at 7:58PM
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 Brockman Group
Investment Insights
Based on property information with market context.
Located on a highly trafficked arterial corridor in Denver, 2199 S Parker Rd is a commercial property offering visibility and accessibility in the southeast submarket. The property is positioned on approximately 0.84 acres and includes 10,100 sq ft of retail-zoned space. The location benefits from strong traffic counts, a dense nearby residential population, and proximity to retail and employment hubs. Zoned B-1 and priced at $3,000,000, the site offers flexibility for owner-occupiers or investors seeking a visible presence along a major thoroughfare with commercial demand.
Key Highlights
- Premier commercial property on a highly trafficked arterial corridor in Denver.
- Rare visibility and accessibility in the southeast submarket.
- 10,100 sq ft of retail‑zoned space on approximately 0.84 acres.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$138,258
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,765,160
$2.8M
Cap Rate 7%
$1,975,114
$2.0M
Cap Rate 9%
$1,536,200
$1.5M
Market Conditions
NOI Build-Up for 10,100 SF
Gross rent
$207.3K $20.52/SF
− Vacancy
−$9.7K −$0.96/SF
EGI
$197.5K $19.56/SF
− OpEx
−$59.3K −$5.87/SF
NOI
$138.3K $13.69/SF
Area
Denver, CO
Vacancy
4.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,765,160
Cap Rate 7%
$1,975,114
Cap Rate 9%
$1,536,200
Alternative Uses
Best Use
Retail
$1.98M
$1.73M – $2.30M
NOI $138,258 @ 7.0% cap · market cap 4.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.22M
$2.81M – $3.75M
NOI $225,064 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,440
Businesses Nearby
246k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 36%
Shops & Services 35%
Apparel 29%
T.J. Maxx
Apparel
59,743 visits/mo
0.3 miles
Murphy USA
Shops & Services
26,313 visits/mo
0.2 miles
Five Below
Shops & Services
16,693 visits/mo
0.5 miles
Bubba's 33
Dining
16,198 visits/mo
0.2 miles
First Watch
Dining
9,636 visits/mo
0.4 miles
Demographics for 80231, CO
36,014
Population
18,252
Households
2
Avg Household Size
35
Median Age
50%
College-Educated
94%
High-School Grad
4.9 sq mi
ZIP Area
7,350
Density / Sq Mi
$73,961
Median Household Income
$48,062
Median Earnings
$1,727
Median Rent
$489,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Denver, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail-zoned space on a high-traffic corridor in Denver.
Where is this retail space located?
The property is located at 2199 S Parker Rd Denver, CO.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Premier commercial property on a highly trafficked arterial corridor in Denver.; Rare visibility and accessibility in the southeast submarket.; 10,100 sq ft of retail‑zoned space on approximately 0.84 acres.**
