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    E-470 & Parker Rd Cottonwood, CO 80134

    Sponsored
    For Sale
    $1,695,790

    Build-ready lot, high visibility, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.29-acre parcel, located at the southwest corner of E-470 and Parker Road in Parker, Colorado (zip code 80134), presents a unique investment opportunity. Zoned P.D. Commercial/Retail, this build-ready lot is ideally suited for a restaurant with drive-thru capabilities, but also allows for office, medical, or other retail uses. The asking price is $1,695,790, translating to $17 per square foot. The property boasts exceptional visibility from both E-470 and Parker Road, ensuring high traffic and exposure for your business. This site benefits from its strategic location within the thriving Westcreek project, a rapidly growing area featuring established businesses and new residential developments. Nearby businesses include 7-Eleven, Denver Mattress, Corson Dental, and a soon-to-open Panda Express drive-thru. Further enhancing the area's appeal, a new gas station/convenience store, fast-food restaurant, and car wash are planned for the southeast corner of Parker Road and Pine Lane. The surrounding area includes Spring Hill Suites, The Trails at Westcreek (a 110-unit residential complex), and The Depot at 20 Mile (a 201-unit apartment complex), providing a strong customer base and significant residential density. This property offers a compelling combination of location, zoning, and development potential, making it an ideal investment for discerning buyers.

    Property Features for 0 E-470 & Parker Rd

    General Information

    Property type
    Restaurants
    Lot Size
    99,752 SF

    HighLights

    • Build‑ready lots available on Parker Road.
    • Zoning permits drive‑thru, fast‑food, office, medical, restaurant, and retail uses.
    • Excellent location near 7‑Eleven, Denver Mattress, Corson Dental, and a soon‑to‑open Panda Express drive‑thru.
    • High visibility from E‑470 and Parker Road.
    • New gas station/convenience store, fast food, and car wash development planned nearby at Parker Road and Pine Lane.
    • Part of the expanding Westcreek project, including SpringHill Suites, The Trails at Westcreek (110 units), and The Depot at 20 Mile (201 apartments).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cottonwood
    County
    Douglas
    State
    Colorado
    Longitude
    -104.8104363
    Latitude
    39.5543436

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    FAQs

    What type of property is this?
    Restaurant - Build-ready lot, high visibility, excellent location.
    Where is this restaurant located?
    The property is located at E-470 & Parker Rd Cottonwood, CO.
    What is the asking price?
    The asking price for this property is $1,695,790.
    What are key features of this property?
    This property features: Build-ready lots available on Parker Road.; Zoning permits drive-thru, fast-food, office, medical, restaurant, and retail uses.; Excellent location near 7-Eleven, Denver Mattress, Corson Dental, and a soon-to-open Panda Express drive-thru.
    Request Owner's contact information
    E-470 & Parker Rd Cottonwood, CO 80134
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    Cottonwood, 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
    E-470 & Parker Rd Cottonwood, CO 80134
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