Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,305,000
Strip malls
10490 Progress Way Parker, CO 80134-4030
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-1271742
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Total area
14,175 SF
Lot
1.42 ac (61,942 SF)
APN
R0489387
UPID
US13-1271742
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
-
Generation Fitness Gym & Fitness Center
-
Momentum Athletic Center Gym & Fitness Center
-
MSI Group LLC Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.31M
Owner & transaction history
Villages At Parker LLC · 9 yrs held
Villages At Parker LLC
since 2016
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$163 / 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
$60,440
Tax year 2023
Assessed value
$692,090
Assessed 2023
Previous assessed
$534,400
+29.5% YoY
Effective rate
8.73%
On assessed value
Assessed land
$125,290
Assessed improvement
$566,800
Land market value
$449,082
Improvement market value
$2,031,543
Total market value
$2,480,625
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
2004
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Units
6
Total area
14,175 SF
Lot
1.42 ac (61,942 SF)
APN
R0489387
UPID
US13-1271742
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
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Cooling
Yes
Stories
1
Units
6
Lot
1.42 ac
Current owner
From public records · entity-resolved
Villages At Parker LLC
Entity
Mailing address
14405 W COLFAX AVE #295, LAKEWOOD, CO 80401-3247
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2016
—
Villages At Parker LLC
Villages At Parker Lllp
Quit Claim Deed
related
$5,250,000 · Deutsche Bk Ag/ny Branch
Mar 14, 2014
$3,100,000
Villages At Parker Lllp
Bscm 2007-pwr16 Village Of Parker
Grant Deed
—
May 31, 2012
—
Us Bank NA Series 2007-pwr16 Tr
Public Trustee Of Douglas Cnty
Trustees Deed
related
—
May 16, 2012
$4,800,000
Parker Place LLC
Public Trustee Of Douglas Cnty
Certificate Of Purchase
$8,800,000
May 1, 2007
$161,923
Parker Tech Center LLC
Treasurer Of Douglas County
Redemption Deed
—
Apr 30, 2007
—
Parker Place LLC
Parker Tech Center LLC
Special Warranty Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10490 Progress Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
