0 E-470 & Parker Rd Cottonwood, CO 80134
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.