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Property profile & analytics
FOR LEASE
Land

10196 Parkglenn Way Parker, CO 80138

1.92 ac lot
Entity Owned 4-yr Hold
Property ID
US13-0827835
Property summary
AI-generated overview

This exceptional 1.92-acre parcel, located at 10196 Parkglenn Way in Parker, Colorado (Douglas County Parcel #'s R0496858 and R0360477), presents a compelling development opportunity. Zoned for Planned Development (Office/Retail), this fee simple property offers significant potential for a variety of commercial uses. Its strategic location off Parker Road, a high-traffic area with 48,800 vehicles per day, ensures excellent visibility and accessibility. The site enjoys convenient proximity to downtown Parker, E470, Parker Adventist Hospital, and a wealth of retail amenities. The property's 5-mile radius encompasses a population of approximately 140,000, creating a robust market for office and retail development. Multiple site plan options are available, including layouts for a medical office building, potentially establishing a synergistic medical office park. This is an ideal investment for developers seeking a prime location with high growth potential in a thriving Colorado community. The asking price is $1,420,000.

Property profile
Verified
Property type Land
Lot 1.92 ac (83,635 SF)
UPID US13-0827835
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hilltop Partnership LLC · 4 yrs held
Hilltop Partnership LLC
since 2022
3 recorded transactions
2022
Price N/A
2020
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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