E-470 & Parker Rd Cottonwood, CO 80134
- Retail properties
- 2.29 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 E-470 & Parker Rd
- Lot size
- 2.29 lot acres
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cottonwood
- County
- Douglas
- State
- Colorado
- Longitude
- -104.81
- Latitude
- 39.5543
