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Property profile & analytics
OFF-MARKET
Estimated value
$1,645,000
Retail space
3124 Parker Rd Aurora, CO 80014-6215
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US13-0806892
Property summary
AI-generated overview
This exceptional retail opportunity is located at 3124 S Parker Rd, Aurora, CO 80014, within the Parker Station Shopping Center. The property, built in 1979, offers a total of 9,260 square feet across a single suite, with 1,176 square feet currently available for lease. Situated on a 0.78-acre lot in Arapahoe County, this strip center boasts excellent street visibility and ample parking for customers. The property benefits from a prominent location on busy Parker Road, near I-225, ensuring high traffic volume. The center offers the opportunity for monument signage, further enhancing visibility. The surrounding area features numerous established neighborhoods and retail centers, including the recently developed The Point at Nine Mile, which includes a large King Soopers grocery store, contributing to increased foot traffic. This prime location presents a unique chance to establish or expand a retail business in a thriving community. The available space is ideal for a variety of retail uses.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,330 SF
Lot
0.78 ac (34,040 SF)
APN
1973-35-4-04-006
UPID
US13-0806892
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.65M
Owner & transaction history
Parker Station Plaza LLC · 12 yrs held
Parker Station Plaza LLC
since 2013
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.4M
+0.9%
Commercial (general)
$2.4M
+0.6%
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 Aurora submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aurora 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
RETAIL STORES
$2,355,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,380,000
Change: +1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,375,000
Change: +1% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,280,000
Change: -3% · Conversion: Difficult
MEDICAL BUILDING
$2,225,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$1.65M
Range $1.48M – $1.81M · ±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
$224 / 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
$30,161
Tax year 2021
Assessed value
$502,200
Assessed 2023
Previous assessed
$425,720
+18.0% YoY
Effective rate
6.01%
On assessed value
Land market value
$1,021,200
Improvement market value
$808,800
Total market value
$1,830,000
Applied tax rate
254.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
3
Stories
1
Bathrooms
7
Total area
7,330 SF
Lot
0.78 ac (34,040 SF)
APN
1973-35-4-04-006
UPID
US13-0806892
Jurisdiction
ARAPAHOE
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
$2.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.2M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Buildings
3
Bathrooms
7
Lot
0.78 ac
Current owner
From public records · entity-resolved
Parker Station Plaza LLC
Entity
Mailing address
24503 E GLASGOW CIR, AURORA, CO 80016-1311
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2023
—
Life By Design LLC
—
Deed
related
$90,000 · Knj Property Solutions LLC
Jun 6, 2018
—
Parker Station Plaza LLC
—
Deed
related
—
Oct 31, 2013
$1,150,000
Parker Station Plaza LLC
Parker Station Shoppette LLC
Grant Deed
$650,000 · Bank Of Denver
Sep 14, 2010
—
Parker Station Shoppette LLC
—
Trustees Deed
related
—
Mar 25, 2010
—
Parker Station Shoppette LLC
—
Trustees Deed
related
$336,000 · Bank Of Denver
—
—
Parker Station Shoppette LLC
—
Deed Of Trust
related
—
—
—
Parker Station Shoppette LLC
—
Deed Of Trust
related
$300,000 · Bank Of Denver
—
—
Parker Station Shoppette LLC
—
Deed Of Trust
related
$205,875 · Wells Fargo Bank West NA
—
—
Parker Station Plaza LLC
—
Loan Modification
related
—
—
—
Parker Station Shoppette LLC
—
Deed Of Trust
related
$250,000 · Bank Of Denver
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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