10196 Parkglenn Way Parker, CO 80138
For Lease
1 / 10
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.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.