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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10273 Park Mdws Dr Lone Tree, CO 80124

    • Apartment buildings
    • 43,176 SF
    • 5.23 lot acres
    OFF-MARKET
    Last Sale
    Dec 03, 2021
    $9,350,000
    Value Estimations
    $9,515,000
    Show details
    Cap Rate Potential
    7.4%
    Apartment buildings
    Location Intelligence
    Property ID
    US13-1412507
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 10273 Park Mdws Dr

    Year built
    2011
    Lot size
    5.23 lot acres
    Property size
    43,176 SF
    Property type
    Apartment buildings
    APN
    R0617376
    APU
    R0617376

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $8,815,000
      ML approach
      $9,935,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $10,925,000
      6.5%
      $10,085,000
      7%
      $9,365,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $9,565,000
      Market price range: $9.57M - $18.3M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $13,420,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $14,015,000
      Change: +4% Conversion: Difficult
      RETAIL STORES
      $13,885,000
      Change: +3% Conversion: Difficult
      MEDICAL BUILDING
      $13,110,000
      Change: -2% Conversion: Moderate
      OFFICE BUILDING
      $11,050,000
      Change: -18% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lone Tree
    County
    Douglas
    State
    Colorado
    Longitude
    -104.87
    Latitude
    39.544
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $256,330
    $383,780
    $640,110
    -
    $3,825,892
    $5,728,101
    $9,553,993

    Comparable in this City

    • Value Estimation
      $6,285,000
      40,932 SF

      10320 Commonwealth St

      APARTMENT HOUSE (5+ UNITS) • 40,932 SF
      10320 Commonwealth St, Lone Tree, CO 80124-9609
      View Details
    • Value Estimation
      $1,655,000
      10,057 SF

      10200 Park Mdws Dr

      APARTMENT HOUSE (5+ UNITS) • 10,057 SF
      10200 Park Mdws Dr, Littleton, CO 80124-5437
      View Details
    • Value Estimation
      $33,250,000
      222,884 SF

      9938 Trainstation Cir

      APARTMENT HOUSE (5+ UNITS) • 222,884 SF
      9938 Trainstation Cir, Lone Tree, CO 80124-5695
      View Details
    • Value Estimation
      $49,115,000
      374,035 SF

      10400 Park Mdws Dr

      APARTMENT HOUSE (5+ UNITS) • 374,035 SF
      10400 Park Mdws Dr, Lone Tree, CO 80124-5622
      View Details
    • Value Estimation
      $39,020,000
      260,760 SF

      9980 Trainstation Cir

      APARTMENT HOUSE (5+ UNITS) • 260,760 SF
      9980 Trainstation Cir, Lone Tree, CO 80124-5664
      View Details
    • Value Estimation
      $2,875,000
      18,419 SF

      10350 Commonwealth St

      APARTMENT HOUSE (5+ UNITS) • 18,419 SF
      10350 Commonwealth St, Lone Tree, CO 80124-9613
      View Details

    Similar Nearby for Sale

    • $565,000
      2,179 SF

      Lone Tree Townhome with Balcony

      Well-maintained 3-bedroom townhome in desirable Lone Tree community.
      8754 Mesquite Row, Littleton, CO 80124
      View Details
    • $3,800,000
      14,803 SF

      Lone Tree Retail Investment Opportunity

      Multi-tenant retail building in high-income Lone Tree area.
      7824 Park Meadows Dr, Littleton, CO 80124
      View Details
    • $7,305,850
      23,562 SF

      Lone Tree Restaurant - Prime Location

      High-traffic restaurant, investment opportunity
      9535 Park Meadows Dr, Littleton, CO 80124
      View Details
    • Contact for pricing
      14.12 Acres

      Lone Tree Commercial Land - 14 Acres

      Prime Lone Tree location, high visibility, retail potential.
      0 Park Meadows Dr, Lone Tree, CO 80124
      View Details
    • $3,248,190
      8,083 SF

      Lone Tree NNN Investment Property

      NNN investment property in Lone Tree entertainment district.
      9447 Park Meadows Dr, Littleton, CO 80124
      View Details
    • $2,700,000
      8,929 SF

      Lone Tree Retail Opportunity

      Retail property available for sale in Lone Tree, Colorado.
      9445 Park Meadows Dr, Littleton, CO 80124
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      85,682 SF

      One Lincoln Station: Industrial Space

      Class A industrial space, multiple suites available.
      9380 Station St, Lone Tree, CO 80124
      View Details
    • Contact for pricing
      3,855 SF

      Lone Tree Retail Space Available

      Prime Lone Tree retail space, 1,301-3,250 sq ft.
      8848 Maximus Dr, Lone Tree, CO 80124
      View Details
    • Contact for pricing
      40,727 SF

      Yosemite Park Retail Center Space

      Prime Douglas County retail space available.
      0 Nec County Line Rd & Yosemite St, Centennial, CO 80124
      View Details
    • Contact for pricing
      29,564 SF

      Lone Tree Executive Office Suite

      Modern Office Space, 1,299 SF Available
      9360 Station St, Lone Tree, CO 80124
      View Details
    • Contact for pricing

      Retail Space in Lone Tree

      Retail space available for lease in Lone Tree, Colorado.
      8672 Park Meadows Center Dr, Littleton, CO 80124
      View Details
    • Contact for pricing
      706 SF

      Lone Tree Restaurant Space for Lease

      Prime Lone Tree retail space, 706 sq ft, ideal restaurant.
      Mall Park Meadows Blvd, Lone Tree, CO 80124
      View Details
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    Lone Tree, CO 80124
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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