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Property profile & analytics
OFF-MARKET
Estimated value
$4,260,000
Strip malls
17002 Mainstreet Parker, CO 80134-4961
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US13-1159199
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Total area
21,516 SF
Lot
2.37 ac (103,107 SF)
APN
R0475785
UPID
US13-1159199
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
-
Cornerstone Dental & Orthodontics Dental Office
-
Little Caesars Pizza Restaurant
-
Journey Health and Fitness Gym & Fitness Center
-
Wild Yankee Liquors Specialty Food Shop Wine and Liquor Store
-
Advanced Pet Care of Parker Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.26M
Owner & transaction history
Shops At Olde Town Parker LLC · 11 yrs held
Shops At Olde Town Parker LLC
since 2015
7 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,995,000
Change: -13% · Conversion: Easy
MEDICAL BUILDING
$6,905,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$4.26M
Range $3.83M – $4.69M · ±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
$198 / 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
$186,299
Tax year 2023
Assessed value
$1,560,770
Assessed 2023
Previous assessed
$1,403,920
+11.2% YoY
Effective rate
11.94%
On assessed value
Assessed land
$431,540
Assessed improvement
$1,129,230
Land market value
$1,546,736
Improvement market value
$4,047,424
Total market value
$5,594,160
Applied tax rate
3,128.0000
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
2008
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Total area
21,516 SF
Lot
2.37 ac (103,107 SF)
APN
R0475785
UPID
US13-1159199
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
COMMERCIAL (GENERAL)
Est. value
$7.0M
MEDICAL BUILDING
Est. value
$6.9M
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
2008
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.37 ac
Current owner
From public records · entity-resolved
Shops At Olde Town Parker LLC
Entity
Mailing address
6872 LEMON GULCH DR, CASTLE ROCK, CO 80108-7544
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2025
—
Shops At Olde Towne Parker LLC
—
Deed
related
$3,100,000 · Standard Insurance Co
Nov 27, 2017
—
Spasco Of Colorado LLC
—
Grant Deed
related
$6,000,000 · International Bk/commerce
Jun 25, 2015
$5,150,000
Shops At Olde Town Parker LLC
Spasco Of Colorado LLC
Grant Deed
$3,500,000 · Everbank
Jun 27, 2011
—
Spasco Of Colorado LLC
—
Deed Of Trust
related
$9,257,163 · International Bank Of Commerce
Mar 20, 2009
—
Spasco Of Colorado LLC
—
Deed Of Trust
related
$10,547,000 · International Bank Of Commerce
—
—
Spasco Of Colorado LLC
—
Loan Modification
related
$9,400,000 · International Bk/commerce
—
—
Shops At Olde Town Parker LLC
—
Deed Of Trust
related
$3,500,000 · Everbank
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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