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Property profile & analytics
OFF-MARKET
Estimated value
$4,730,000
Strip malls
10471 Parker Rd Parker, CO 80134-9084
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US13-0442155
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1981
Construction
STEEL FRAME
Total area
14,048 SF
Lot
2.7 ac (117,656 SF)
APN
R0353422
UPID
US13-0442155
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
AA Tech Group LLC Corporate Office
-
Chroma Collective Tattoo & Laser Removal Co. Tattoo & Piercing Shop
-
Edge Hair & Nail Studio Hair Salon
-
Los Volcanes Mexican Restaurant Restaurant
-
Freaky's Smoke Shop X Parker (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.29M
CAP Approach
CAP
$4.43M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.73M
Owner & transaction history
Grover Ents LLC · 5 yrs held
Grover Ents LLC
since 2020
Last sale
$4.4M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.6M
+44.7%
Auto repair, garage
$6.0M
+14.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Parker submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Parker submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$5,235,000
ML approach
$5,285,000
CAP Approach
CAP Return
Estimation
6%
$4,800,000
6.5%
$4,430,000
7%
$4,115,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$5,265,000
Current use
RESTAURANT
$7,620,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,030,000
Change: +15% · Conversion: Difficult
RETAIL STORES
$4,785,000
Change: -9% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,565,000
Change: -13% · Conversion: Easy
MEDICAL BUILDING
$4,510,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$4.73M
Range $4.26M – $5.20M · ±10% · vs last sale $4.35M (Sep 22 2020)
Last sale anchor
$4.35M
Sep 22 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$337 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$109,783
Tax year 2023
Assessed value
$1,250,270
Assessed 2023
Previous assessed
$983,230
+27.2% YoY
Effective rate
8.78%
On assessed value
Assessed land
$265,890
Assessed improvement
$984,380
Land market value
$953,014
Improvement market value
$3,528,250
Total market value
$4,481,264
Applied tax rate
3,366.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1981
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Units
1
Total area
14,048 SF
Lot
2.7 ac (117,656 SF)
APN
R0353422
UPID
US13-0442155
Jurisdiction
DOUGLAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$5.3M
RESTAURANT
Est. value
$7.6M
AUTO REPAIR, GARAGE
Est. value
$6.0M
RETAIL STORES
Est. value
$4.8M
COMMERCIAL (GENERAL)
Est. value
$4.6M
MEDICAL BUILDING
Est. value
$4.5M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Units
1
Lot
2.7 ac
Current owner
From public records · entity-resolved
Grover Ents LLC
Entity
Mailing address
11491 E MAPLEWOOD AVE, ENGLEWOOD, CO 80111-5807
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2020
$4,350,000
Grover Ents LLC
Magm INC
Grant Deed
$3,650,000 · Magm INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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