18850 E Clarke Rd Parker, CO 80134
Property Lookup
Property profile & analytics
18850 E Clarke Rd Parker, CO 80134
- Manufacturing properties
- 25,520 SF
- 1.83 lot acres
Property ID
US13-0465471
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Relentless Volleyball Club / Gym & Fitness Center
- The Hiller Companies / Production Facility / Building Supply
- Parkr Rekey / Real Estate Agency
Property Details for 18850 E Clarke Rd
- Year built
- 2005
- Lot size
- 1.83 lot acres
- Property size
- 25,520 SF
- Property type
- Manufacturing properties
- APN
- R0475109
- APU
- R0475109
Description
This exceptional fee-simple industrial warehouse, located at 18850 E Clarke Rd, Parker, CO 80134, presents a compelling investment opportunity. The 25,520-square-foot building, constructed in 2005, boasts a strong 100% occupancy rate with a corporate-guaranteed tenant under a NNN lease with 4.8 years remaining (through August 31, 2029). The lease includes annual 3% rental increases and a single, five-year lease option. The property features 56 parking spaces and sits on a 1.82-acre lot in a prime Douglas County location, zoned for commercial use. The building benefits from a recent roof replacement (2023) and a recent 63-month lease extension. The property's strong financial performance is reflected in its $6,635,000 asking price, a $259.99 price per square foot, and a 5.00% cap rate, with a current NOI of $331,760. The property's location within a thriving industrial corridor, near major retail centers like Parker Marketplace (187,000 SF) and Shops at Crown Point (230,000 SF), ensures strong tenant demand and future appreciation potential. The strong demographics in the 5-mile trade area, characterized by six-figure incomes, further solidify this investment's attractiveness. APN: P0514739.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,070,000
- 6.5%
- $5,605,000
- 7%
- $5,205,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,917,000
- AI Estimate
- $5,231,000
Market price range: $3.34M - $7.49MMarket price range: $1.48M - $8.11M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $5,420,000 Current use
- RETAIL STORES
- $8,695,000 Change: +60% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $8,295,000 Change: +53% Conversion: Difficult
- MEDICAL BUILDING
- $8,190,000 Change: +51% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Parker
- County
- Douglas
- State
- Colorado
- Longitude
- -104.77
- Latitude
- 39.5228
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$103,852
$161,240
$1,013,570
$1,174,810
-
$577,932
$3,632,868
$4,210,800
