Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$8,150,000
Hotels
18595 Mainstreet Parker, CO 80134-4858
Entity Owned
2-yr Hold
Free & Clear
Property ID
US13-2267940
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2018
Total area
57,332 SF
Lot
1.64 ac (71,308 SF)
APN
R0601820
UPID
US13-2267940
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
-
The Douglas | Kitchen & Cocktails Grocery & Convenience Store Food Market
-
Upper Deck at The Laszlo Hotel Grocery & Convenience Store Food Market
-
Victoria Marie Jewelers (Bike/Boat/Book/etc) Store
-
The Parker Hotel Hotel & Motel
-
Yes Appliance Repair Parker CO Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.07M
CAP Approach
CAP
$5.47M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.15M
Owner & transaction history
Park Hotel Owner LLC · 2 yrs held
Park Hotel Owner LLC
since 2023
Last sale
$8.3M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$10.8M
+1,168.1%
Warehouse, storage
$9.6M
+1,032.0%
Restaurant
$8.4M
+885.4%
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
$8,040,000
ML approach
$8,065,000
CAP Approach
CAP Return
Estimation
6%
$5,925,000
6.5%
$5,470,000
7%
$5,080,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$10,760,000
Change: +1,168% · Conversion: Difficult
WAREHOUSE, STORAGE
$9,605,000
Change: +1,032% · Conversion: Difficult
RESTAURANT
$8,360,000
Change: +885% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,375,000
Change: +769% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,115,000
Change: +739% · Conversion: Difficult
Blend value · Realmo final
$8.15M
Range $7.34M – $8.97M · ±10% · vs last sale $8.25M (Dec 27 2023)
Last sale anchor
$8.25M
Dec 27 2023
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
$142 / 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
$150,200
Tax year 2023
Assessed value
$1,707,480
Assessed 2023
Previous assessed
$1,257,150
+35.8% YoY
Effective rate
8.80%
On assessed value
Assessed land
$248,670
Assessed improvement
$1,458,810
Land market value
$891,293
Improvement market value
$5,228,708
Total market value
$6,120,001
Applied tax rate
3,293.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2018
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
4
Units
51
Total area
57,332 SF
Lot
1.64 ac (71,308 SF)
APN
R0601820
UPID
US13-2267940
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
INDUSTRIAL (GENERAL)
Est. value
$10.8M
WAREHOUSE, STORAGE
Est. value
$9.6M
RESTAURANT
Est. value
$8.4M
AUTO REPAIR, GARAGE
Est. value
$7.4M
COMMERCIAL (GENERAL)
Est. value
$7.1M
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2018
Heating
HEAT PUMP
Cooling
Yes
Stories
4
Units
51
Lot
1.64 ac
Current owner
From public records · entity-resolved
Park Hotel Owner LLC
Entity
Free & Clear · 2 yrs held
Mailing address
6654 TIMBERLINE RD, HIGHLANDS RANCH, CO 80130-5346
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2023
$8,250,000
Park Hotel Owner LLC
Independent Bank
Special Warranty Deed
—
Sep 8, 2022
—
Independent Bank
County Of Douglas
Public Action
related
—
Aug 19, 2019
—
Mainstreet Pier LLC
Tait,timothy & Elizabeth
Grant Deed
—
Jul 26, 2018
$1,400,000
Mainstreet Pier LLC
Parker Mainstreet Parters LLC
Grant 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 18595 Mainstreet?
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.
