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    10196 Parkglenn Way Parker, CO 80138

    For Sale
    $1,420,000

    Prime Parker, CO commercial land, 1.92 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.92-acre parcel, located at 10196 Parkglenn Way in Parker, Colorado (Douglas County Parcel #'s R0496858 and R0360477), presents a compelling development opportunity. Zoned for Planned Development (Office/Retail), this fee simple property offers significant potential for a variety of commercial uses. Its strategic location off Parker Road, a high-traffic area with 48,800 vehicles per day, ensures excellent visibility and accessibility. The site enjoys convenient proximity to downtown Parker, E470, Parker Adventist Hospital, and a wealth of retail amenities. The property's 5-mile radius encompasses a population of approximately 140,000, creating a robust market for office and retail development. Multiple site plan options are available, including layouts for a medical office building, potentially establishing a synergistic medical office park. This is an ideal investment for developers seeking a prime location with high growth potential in a thriving Colorado community. The asking price is $1,420,000.

    Property Features for 10196 Parkglenn Way

    General Information

    Property type
    Land
    Lot Size
    83,635 SF

    HighLights

    • Located in Douglas County.
    • Parcel numbers R0496858 and R0360477.
    • 1.92‑acre site.
    • Planned Development zoning.
    • Suitable for commercial retail and office development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Parker
    County
    Douglas
    State
    Colorado
    Longitude
    -104.764947
    Latitude
    39.532873

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    FAQs

    What type of property is this?
    Land - Prime Parker, CO commercial land, 1.92 acres.
    Where is this land located?
    The property is located at 10196 Parkglenn Way Parker, CO.
    What is the asking price?
    The asking price for this property is $1,420,000.
    What are key features of this property?
    This property features: Located in Douglas County.; Parcel numbers R0496858 and R0360477.; 1.92-acre site.
    (303) 748-8390
    Request Owner's contact information
    10196 Parkglenn Way Parker, CO 80138
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    Parker, CO 80138
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10196 Parkglenn Way Parker, CO 80138
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