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Property profile & analytics
OFF-MARKET
Estimated value
$2,400,000
Outlet malls
11411 20th Mile Rd Parker, CO 80134-4945
Individually Owned
2-yr Hold
Free & Clear
Property ID
US13-0611266
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2003
Total area
10,135 SF
Lot
16.08 ac (700,488 SF)
APN
R0440889
UPID
US13-0611266
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
-
Parker Gas N Snack Car Wash
-
Jimmy John's Take-out & Catering Catering Service
-
Phillips 66 Car Wash
-
Byte Federal Bitcoin ATM (Parker Wine & Liquor) Crypto Atm Atm
-
Parker Wine & Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.21M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.40M
Owner & transaction history
Town Of Parker · 2 yrs held
Town Of Parker
since 2024
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.8M
+10.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,480,000
6.5%
$3,210,000
7%
$2,980,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,455,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,800,000
Change: +10% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,295,000
Change: -5% · Conversion: Easy
MEDICAL BUILDING
$3,255,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$2.40M
Range $2.16M – $2.64M · ±10%
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
$237 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$482,797
Tax year 2021
Assessed value
$6,816,690
Assessed 2023
Previous assessed
$5,518,630
+23.5% YoY
Effective rate
7.08%
On assessed value
Assessed land
$977,180
Assessed improvement
$5,839,510
Land market value
$3,502,442
Improvement market value
$20,930,153
Total market value
$24,432,595
Applied tax rate
803.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2003
Cooling
AC.PACKAGE
Buildings
19
Stories
1
Total area
10,135 SF
Lot
16.08 ac (700,488 SF)
APN
R0440889
UPID
US13-0611266
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
RETAIL STORES Current
Est. value
$3.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$3.3M
MEDICAL BUILDING
Est. value
$3.3M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
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
2003
Cooling
Yes
Stories
1
Buildings
19
Lot
16.08 ac
Current owner
From public records · entity-resolved
Town Of Parker
Individual
Free & Clear · 2 yrs held
Mailing address
20120 E MAINSTREET, PARKER, CO 80138-7334
Ownership since
2024
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
Jan 17, 2024
—
Town Of Parker
Denver Pope Family Limited Partners
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.
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