Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10168 Parkglenn Way Parker, CO 80138

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Medical Office Building, Owner/User Opportunity

    Property size:
    20,078 SF

    Property Features for 10168 Parkglenn Way

    General Information

    Property type
    Medical Office Space
    Square Feet
    20,078 SF
    Class
    A
    Lot Size
    74,488 SF

    Building Details

    Year Built
    2009
    Buildings
    1
    Stories
    2

    We can help!

    Listing Contact
    John Witt
    John Witt

    Listing Agency: Quiver Investments, LLC Listing Agent: John Witt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional Class A medical office building, located at 10168 Parkglenn Way in Parker, Colorado, presents a unique investment or owner-user opportunity. The 20,078 square foot building, constructed in 2009, sits on a 1.71-acre lot and features a desirable stucco and stone exterior. Currently 100% occupied by a credit-rated tenant under a NNN lease expiring October 31, 2025, offering a remaining lease term of approximately 0.9 years. The property boasts ample parking (6.46 spaces per 1,000 square feet, totaling 98 spaces) and a complete medical build-out, including extensive plumbing infrastructure for exam rooms, medical imaging, and a pharmacy. The building is zoned Planned Development and offers 15,164 square feet of net rentable space. The asking price is $4,852,000, representing a price per square foot of $241.66 and a 9.87% cap rate with a current NOI of $478,901. This presents a compelling opportunity for an owner-user to occupy the space after the current lease expires or for an investor to reposition the property for multi-tenant or single-tenant occupancy. The property's location in a coveted suburban area with walkable amenities adds to its appeal. The property's APN is 2233-151-05-020 and 2233-151-05-019.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pharmacy | Kaiser Permanente ... Pharmacy Scott Anthony Isbell, ... Pediatrician Steven Brett Wolkenberg, ... Pediatrician Carly Greene Physician Anne Heenan, MD ... Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Parker
    County
    Douglas
    State
    Colorado
    Longitude
    -104.7654483
    Latitude
    39.5341951

    Nearby Similar for Sale

    • $670,000
      2,054 SF

      Parker Flex Unit with Mezzanine

      Turnkey flex unit with mezzanine in Vehicle Vault Village.
      18233 Lincoln Meadows Pkwy, Parker, CO 80134
      View Details
    • $1,600,000
      2,592 SF

      Income-Generating Acreage with Storage Business

      35-acre property with home and 15,000 sq ft building.
      2151 Elizabeth St, Parker, CO 80138
      View Details
    • $599,000

      Parker Flex Space Opportunity

      Recently renovated flex space with oversized door in Parker, CO.
      18133 Lincoln Meadows Pkwy, Parker, CO 80134
      View Details
    • $599,000

      Parker Flex Space with Upgrades

      Recently remodeled flex space with oversized door and unique features.
      18133 Lincoln Meadows Pkwy, Parker, CO 80134
      View Details
    • $3,000,000
      2,700 SF

      Profitable Equestrian Boarding Facility

      40+ acre Parker, Colorado boarding facility with water rights.
      6484 Stroh Rd, Parker, CO 80134
      View Details
    • Contact for pricing

      Corporate Starbucks in Parker, CO

      New 10-year corporate Starbucks with drive-thru in Parker, CO.
      8793 South Chambers Rd, Parker, CO 80134
      View Details
    • Contact for pricing
      13,598 SF

      Retail Space in Growing Parker

      State-of-the-art retail buildings available Summer 2026 in Parker, CO.
      17193 Cedar Gulch Pkwy, Parker, CO 80134
      View Details
    • Contact for pricing

      Parker Retail and Office Building

      Three-story building with retail and office space for sale.
      19751 E Mainstreet, Parker, CO 80138
      View Details
    • Contact for pricing
      2,340 SF

      New Build Restaurant with Drive-Thru

      New restaurant with drive-thru in a dense residential location.
      8793 S Chambers Rd, Parker, CO 80134
      View Details
    • Contact for pricing
      38,970 SF

      Parker Retail Center For Sale

      Retail property in Parker, Colorado, built in 2008.
      11020 S Pikes Peak Dr, Parker, CO 80138
      View Details
    • Contact for pricing
      1,512 SF

      Corner Office with Natural Light

      Office space with abundant natural light, suitable for medical or office.
      18801 E Mainstreet, Parker, CO 80134
      View Details
    • Contact for pricing
      50,520 SF

      Retail Space Near Centennial Airport

      Retail property with easy access to major transportation routes.
      14103 Deertrack Ln, Parker, CO
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Medical Office Building, Owner/User Opportunity
    Where is this medical office space located?
    The property is located at 10168 Parkglenn Way Parker, CO.
    What is the asking price?
    The asking price for this property is $4,852,000.
    What are key features of this property?
    This property features: Priced well below replacement cost at $314/RSF.; Located in a coveted suburban area with walkable amenities.; Short remaining lease term (approx. 0.9 years) allows for flexible future occupancy.
    (303) 748-8390 Call to check price and availability
    Request Owner's contact information
    10168 Parkglenn Way Parker, CO 80138
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10168 Parkglenn Way
    Parker, CO 80138
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    10168 Parkglenn Way Parker, CO 80138
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing John Witt
    John Witt
    Real Estate License ID: ER.100037978
    (303) 748-8390 (720) 599-6200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!