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    1 - Combined Lots 1 & 2 Parker, CO 80134

    For Sale
    Contact for pricing

    Restaurant & Retail Land, Build-Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial land offering presents a rare opportunity to acquire combined lots 1 & 2 of the Westcreek development in Parker, Colorado. Located at the southwest corner of E-470 and Parker Road (address: SWC of E-470 & Parker Road Parcel 1 - Combined Lots 1 & 2, zip code 80134), this property boasts a combined lot size ranging from 0.64 to 1.63 acres. The land is zoned P.D. Commercial/Retail, providing flexibility for a variety of uses including restaurants, drive-thrus, fast food establishments, office spaces, medical facilities, and retail businesses. The land value ranges from $15.50 to $25.00 per square foot. This high-visibility location benefits from significant traffic flow on both E-470 and Parker Road, ensuring maximum exposure for your business. The area is experiencing substantial growth, with nearby developments including the Spring Hill Suites, The Trails at Westcreek (110 units), and The Depot at 20 Mile (201 apartments). Existing businesses in the immediate vicinity include 7-Eleven, Denver Mattress, and Corson Dental, with a Panda Express drive-thru soon to open. 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. This is a build-ready opportunity to capitalize on the thriving commercial landscape of Parker, Colorado. Don't miss this chance to secure a prime location in a rapidly expanding area.

    Property Features for 1 - Combined Lots 1 & 2

    General Information

    Property type
    Restaurants
    Lot Size
    27,878 SF

    HighLights

    • Build‑ready lots on Parker Road, Parker, CO.
    • PD Commercial/Retail zoning allows for 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, ensuring maximum exposure.
    • Planned development nearby includes a new gas station/convenience store, fast‑food restaurant, and car wash.
    • Part of the growing Westcreek project, with nearby SpringHill Suites, 110‑unit Trails at Westcreek, and 201‑unit Depot at 20 Mile.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Parker
    County
    Douglas
    State
    Colorado
    Longitude
    -104.8104363
    Latitude
    39.5543436

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    FAQs

    What type of property is this?
    Restaurant - Restaurant & Retail Land, Build-Ready
    Where is this restaurant located?
    The property is located at 1 - Combined Lots 1 & 2 Parker, CO.
    What are key features of this property?
    This property features: Build-ready lots on Parker Road, Parker, CO.; PD Commercial/Retail zoning allows for 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
    1 - Combined Lots 1 & 2 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
    1 - Combined Lots 1 & 2 Parker, CO 80134
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