0 Hess Rd Parker, CO 80134
This exceptional 4.532-acre parcel presents a unique development opportunity in Parker, Colorado. Located on Hess Road, this property boasts prime visibility and convenient access to major thoroughfares, including I-25, providing easy commutes to Parker, Castle Rock, and Lone Tree. Its strategic location directly across from the Rueter-Hess Reservoir and Recreation Area offers unparalleled recreational appeal. Proximity to Double Angel Baseball Park and Echopark Stadium adds to its desirability. The land is currently unzoned, requiring annexation and zoning, allowing for a wide range of development possibilities. Ideal uses could include residential, mixed-use projects, a church, school, or skilled care facility. The asking price is $1,400,000, translating to a land value of $7.09 per square foot. This is a rare chance to acquire a substantial tract of land in a high-growth area with significant potential for future appreciation. The property's size and location make it an attractive investment for developers seeking a prime location in a thriving community. Serious inquiries are encouraged.
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
Similar Nearby for Sale
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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.