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

    1042 Parker Rd Denver, CO 80231

    • Warehouses
    • 139,666 SF
    • 1.94 lot acres
    OFF-MARKET
    Value Estimations
    $11,470,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-2264779
    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

    • Public Storage / Storage Facility

    Property Details for 1042 Parker Rd

    Year built
    2017
    Construction
    STEEL FRAME
    Lot size
    1.94 lot acres
    Property size
    139,666 SF
    Zone code
    S-CC-3X
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    06163-02-102-000
    APU
    616302102000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.902
    Latitude
    39.6985
    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
    $356,837
    $463,060
    $4,142,120
    $4,605,180
    -
    $1,689,700
    $14,846,300
    $16,536,000

    Comparable in this City

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      $8,665,000
      100,800 SF

      8930 Hampden Ave

      MINI-WAREHOUSE, STORAGE • 100,800 SF
      8930 Hampden Ave, Denver, CO 80231-4911
      View Details
    • Value Estimation
      $1,950,000
      22,468 SF

      8585 Warren Ave

      MINI-WAREHOUSE, STORAGE • 22,468 SF
      8585 Warren Ave, Denver, CO 80231-3342
      View Details
    • Value Estimation
      $1,700,000
      15,272 SF

      7770 Iliff Ave

      MINI-WAREHOUSE, STORAGE • 15,272 SF
      7770 Iliff Ave, Denver, CO 80231-7010
      View Details
    • Value Estimation
      $955,000
      10,696 SF

      2100 Valentia St

      MINI-WAREHOUSE, STORAGE • 10,696 SF
      2100 Valentia St, Denver, CO 80231-3325
      View Details
    • Value Estimation
      $2,790,000
      26,998 SF

      2422 Trenton Way

      MINI-WAREHOUSE, STORAGE • 26,998 SF
      2422 Trenton Way, Denver, CO 80231-7628
      View Details
    • Value Estimation
      $3,410,000
      32,943 SF

      2369 Trenton Way

      MINI-WAREHOUSE, STORAGE • 32,943 SF
      2369 Trenton Way, Denver, CO 80231-7011
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,870 SF

      Industrial Spaces with Easy Access

      Well-located, affordable industrial spaces with easy access to I-25 & I-225.
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    • $146,999
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      Small Office Condo For Sale

      Rare opportunity to own a small office condo.
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    • $344,000
      1,327 SF

      Updated Townhome with Modern Amenities

      Move-in ready townhome featuring updated kitchen, baths, and modern systems.
      1811 S Quebec Way, Denver, CO 80231
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    • $5,292,540
      4.05 Acres

      Denver Commercial Land - Prime Location

      4.05 Acres, High Traffic, PUD Zoning
      1950 Jewell Ave, Denver, CO 80231
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    • $259,950
      914 SF

      Updated Condo with Patio Access

      Main floor condo with two patios, updated, near parks.
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      Appealing property featuring stainless steel appliances, refreshed interiors, and community amenities.
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    Similar Nearby for Lease

    • $14 SF/Yr
      25,356 SF

      Denver Warehouse: 25,356 SF

      Spacious Denver warehouse, ideal for industrial use.
      2153 Wabash St, Denver, CO 80231
      View Details
    • $13 SF/Yr
      12,322 SF

      Denver Industrial Warehouse Space

      12,322 SF Warehouse, 2,025 SF Available
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    • $2,086 /Mo
      2,338 SF

      Industrial Spaces with Easy Access

      Well-located industrial spaces with ample parking and highway access.
      2045 S Valentia St, Denver, CO 80231
      View Details
    • Contact for pricing
      678 SF

      Functional Flex Property For Rent

      High-image flex property minutes from I-25 and I-225.
      2305 S Syracuse Way, Denver, CO 80231
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    • $10 SF/Yr
      7,382 SF

      Denver Flex Space Available

      Flex space with parking, access to I-25 and I-225.
      2452 S Trenton Way, Denver, CO 80231
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    • $12 SF/Yr
      64,150 SF

      Denver Office Complex: Prime Location

      Spacious Denver offices, ample parking, great amenities.
      9725 Hampden Ave, Denver, CO 80231
      View Details

    Property Visit Statistics

    • Visits by month
      3.2k
    • Visitors by month
      1.9k
    • Avg Time on site
      40 min
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    1042 Parker Rd
    Denver, CO 80231
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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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