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

    10346 Park Mdws Dr Lone Tree, CO 80124-6870

    • Apartment buildings
    • 386,262 SF
    • 2.94 lot acres
    OFF-MARKET
    Last Sale
    Aug 16, 2023
    $80,000,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-2324448
    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 10346 Park Mdws Dr

    Year built
    2018
    Construction
    FRAME
    Lot size
    2.94 lot acres
    Property size
    386,262 SF
    Property type
    Apartment buildings
    APN
    R0496275
    APU
    R0496275

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      Off market

    • CAP approach

      CAP Return
      Estimation
      6%
      $97,750,000
      6.5%
      $90,230,000
      7%
      $83,785,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $85,572,000
      Market price range: $85.6M - $164M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $120,075,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $125,365,000
      Change: +4% Conversion: Difficult
      RETAIL STORES
      $124,220,000
      Change: +3% Conversion: Difficult
      MEDICAL BUILDING
      $117,290,000
      Change: -2% Conversion: Moderate
      OFFICE BUILDING
      $98,845,000
      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
    -104.872
    Latitude
    39.5425
    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
    $534,210
    $120,130
    $5,553,430
    $5,673,560
    -
    $1,792,930
    $82,887,070
    $84,680,000

    Comparable in this City

    • 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
      $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
      $2,955,000
      12,960 SF

      9005 Yosemite St

      APARTMENT HOUSE (5+ UNITS) • 12,960 SF
      9005 Yosemite St, Lone Tree, CO 80124-2952
      View Details
    • Value Estimation
      $7,975,000
      36,504 SF

      10047 Park Mdws Dr

      APARTMENT HOUSE (5+ UNITS) • 36,504 SF
      10047 Park Mdws Dr, Lone Tree, CO 80124-8407
      View Details
    • Value Estimation
      $32,305,000
      144,745 SF

      9375 Sta St

      APARTMENT HOUSE (5+ UNITS) • 144,745 SF
      9375 Sta St, Littleton, CO 80124-6833
      View Details
    • Value Estimation by Request
      359,857 SF

      10270 Commonwealth St

      APARTMENT HOUSE (5+ UNITS) • 359,857 SF
      10270 Commonwealth St, Lone Tree, CO 80124-5548
      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
    • $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
    • $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
    • $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
    • $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

    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
      32,670 SF

      Lone Tree Retail Pad Site

      High-visibility 0.75-acre pad, prime location.
      8660 Quebec St, Lone Tree, CO 80124
      View Details
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    Lone Tree, CO 80124-6870
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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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