4385 Parker Rd Aurora, CO 80015-1106
- Bars
- 3,294 SF
- 1.00 lot acres
Current Use by Public Records
- Bars
Property Details for 4385 Parker Rd
- Year built
- 1971
- Construction
- FRAME
- Lot size
- 1.00 lot acres
- Property size
- 3,294 SF
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 2075-12-1-00-003
- APU
- 207512100003
Description
This exceptional 5,896 square foot retail building, situated on approximately one acre at the prominent intersection of S. Parker Rd and E. Quincy Ave in Aurora, Colorado (zip code 80015), presents a compelling investment opportunity. The property, built in 1971 and boasting 82 parking spaces, is currently vacant and offers significant potential for a variety of commercial ventures. The building comprises 3,294 square feet of main-level space and a 2,602 square foot walkout basement, providing ample room for diverse business operations. Located in Unincorporated Arapahoe County, the property benefits from a B-5 zoning designation, allowing for a wide range of permitted uses. These include, but are not limited to, gas convenience stores (with or without pumps), automotive sales and service centers, restaurants (with or without drive-throughs), bars and taverns, and various retail establishments. Additional permitted uses encompass a broad spectrum of commercial activities, including medical and dental clinics, banks, hotels, and numerous other possibilities. The property's prime location, ample parking, and flexible zoning make it an ideal investment for entrepreneurs seeking a versatile and high-potential commercial space. The asking price is $2,975,000, and the APN is 031763657.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,060,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,340,000
- 6.5%
- $2,065,000
- 7%
- $2,265,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,270,000
- Geo Method
- $2,495,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,185,000
- Retail
- $2,335,000
- Mixed-Use
- $1,740,000
- Hospitality
- $2,100,000
- Educational
- $1,995,000
- Residential Income
- $2,085,000
- Energy
- $2,165,000
- Income-Based Land
- $2,110,000
- Food Service
- $2,005,000
Location Insight
- Map
- Local Demand
- City
- Aurora
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.83
- Latitude
- 39.6372
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
