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    Property profile & analytics

    10345 Parker Rd Parker, CO 80134

    • Self service car washes
    • 2,895 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimations
    $240,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-2699339
    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

    • Parker Road Car Wash / Car Wash
    • Parker Car Wash / Car Wash

    Property Details for 10345 Parker Rd

    Year built
    1983
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.50 lot acres
    Property size
    2,895 SF
    Property type
    Self service car washes
    APN
    R0345622
    APU
    R0345622

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $240,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $198,000
      Market price range: $131k - $740k

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

    Location Insight

    • Map
    • Local Demand
    City
    Parker
    County
    Douglas
    State
    Colorado
    Longitude
    -104.768
    Latitude
    39.5287
    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
    $7,988
    $54,910
    $43,820
    $98,730
    -
    $196,803
    $157,071
    $353,874

    Comparable in this City

    • Value Estimation
      $330,000
      2,932 SF

      19739 Parker Sq Dr

      CAR WASH - SELF-SERVE • 2,932 SF
      19739 Parker Sq Dr, Parker, CO 80134
      View Details
    • Value Estimation
      $370,000
      6,643 SF

      9996 20th Mile Rd

      CAR WASH - SELF-SERVE • 6,643 SF
      9996 20th Mile Rd, Parker, CO 80134-4938
      View Details
    • Value Estimation
      $315,000
      2,128 SF

      10203 Parker Rd

      CAR WASH - SELF-SERVE • 2,128 SF
      10203 Parker Rd, Parker, CO 80134-9309
      View Details
    • Value Estimation
      $335,000
      3,538 SF

      10003 Jordan Rd

      CAR WASH - SELF-SERVE • 3,538 SF
      10003 Jordan Rd, Parker, CO 80134-9203
      View Details
    • Value Estimation
      $560,000
      4,156 SF

      19509 Hess Rd

      CAR WASH - AUTOMATED • 4,156 SF
      19509 Hess Rd, Parker, CO 80134-3448
      View Details
    • Value Estimation
      $385,000
      920 SF

      17001 Parkerhouse Rd

      CAR WASH - AUTOMATED • 920 SF
      17001 Parkerhouse Rd, Parker, CO 80134-9695
      View Details

    Similar Nearby for Sale

    • $3,600,000
      9,104 SF

      Established Automotive Shop For Sale

      9,104 SF automotive shop on 0.777 AC available.
      10310 Dransfeldt Rd, Parker, CO 80134
      View Details
    • $695,000
      1,840 SF

      Automotive Shop / Warehouse For Sale

      1,840 SF automotive shop/warehouse with two drive-in loading doors.
      10332 Dransfeldt Rd, Parker, CO 80134
      View Details
    • $4,500,000
      7.59 Acres

      Avalon Parker Retail Investment

      7.59-acre mixed-use development opportunity.
      0 Sec Of Stroh Rd & Crowfoot Vly Rd, Parker, CO 80134
      View Details
    • $1,695,790
      2.29 Acres

      Prime Parker Road Restaurant Site

      Build-ready lot, high visibility, excellent location.
      0 E-470 & Parker Rd, Cottonwood, CO 80134
      View Details
    • Contact for pricing
      6.87 Acres

      Compark Business Campus: Premier Site

      6.87-acre development opportunity in Parker, CO
      15020 Compark Blvd, Parker, CO 80134
      View Details
    • $2,218,946
      2.83 Acres

      Parker Commercial Land Investment

      Prime 2.83-acre retail lot in Parker, CO
      0 Chambers Rd & Double Angel Rd, Parker, CO 80134
      View Details

    Similar Nearby for Lease

    • $27 SF/Yr
      2,100 SF

      Retail/Office Space on Parker Rd.

      Available immediately for lease, ideal for retail or office.
      10841 Crossroads Dr, Parker, CO 80134
      View Details
    • Contact for pricing
      1,200 SF

      Dominant Retail Power Center Space

      Class A retail space in Parker's dominant power center.
      11153 S Parker Rd, Parker, CO 80134
      View Details
    • $27 SF/Yr
      5,176 SF

      Retail Space on Mainstreet Corner

      Prime retail location with high visibility in Parker, Colorado.
      17002 E Mainstreet, Parker, CO 80134
      View Details
    • $22 SF/Yr
      1,300 SF

      Retail Space in Parker, Colorado

      Retail space available for lease in Parker, Colorado.
      10911 S Parker Rd, Parker, CO 80134
      View Details
    • $40 SF/Yr
      1,203 SF

      Restaurant Space in Parker Center

      Fully built-out restaurant space in high-traffic Parker location.
      11211 Dransfeldt Rd, Parker, CO 80134
      View Details
    • $20 SF/Yr
      1,400 SF

      Retail Space in Parker

      Retail space with high visibility and access on Parker Road.
      11051 S Parker Rd, Parker, CO 80134
      View Details
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    10345 Parker Rd
    Parker, CO 80134
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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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