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    8752 State Hwy 83 Parker, CO 80134

    Sponsored
    For Sale
    $3,500,000

    4.739 Acres, Agricultural Zoning, Annexation Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.739-acre parcel presents a unique investment opportunity in the thriving Parker, Colorado market. Currently zoned Agricultural and operating as an equestrian center, this property offers significant potential for future development. Its strategic location at 8752 N. State Highway 83 in Douglas County, zip code 80134, provides convenient access to Parker Road at a rapidly growing intersection. The property boasts stunning front range views, adding to its desirability. A key advantage is the annexation opportunity into the Town of Parker, allowing for a transition to Mixed-Use Community Zoning. This zoning change opens the door to a wide array of development possibilities, creating substantial flexibility for future projects. While self-storage and RV/boat storage are not permitted under current zoning, numerous other commercial ventures are viable options following annexation. The asking price for this remarkable property is $3,500,000. This land presents a rare chance to acquire a significant parcel in a high-growth area with exceptional potential for substantial return on investment. The latitude and longitude coordinates are 39.4626087, -104.7754307 respectively.

    Property Features for 8752 State Hwy 83

    General Information

    Property type
    Land
    Lot Size
    206,431 SF

    HighLights

    • Annexation opportunity into the Town of Parker.
    • Currently zoned Agricultural; eligible for Mixed‑Use Community Zoning upon annexation.
    • Wide range of commercial uses possible (excluding self‑storage and RV/boat storage).
    • Excellent Front Range views.
    • Prime location with quick access to Parker Road at a rapidly growing intersection.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Parker
    County
    Douglas
    State
    Colorado
    Longitude
    -104.7754307
    Latitude
    39.4626087

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    FAQs

    What type of property is this?
    Land - 4.739 Acres, Agricultural Zoning, Annexation Potential
    Where is this land located?
    The property is located at 8752 State Hwy 83 Parker, CO.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: Annexation opportunity into the Town of Parker.; Currently zoned Agricultural; eligible for Mixed-Use Community Zoning upon annexation.; Wide range of commercial uses possible (excluding self-storage and RV/boat storage).
    Request Owner's contact information
    8752 State Hwy 83 Parker, CO 80134
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    Parker, CO 80134
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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
    8752 State Hwy 83 Parker, CO 80134
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