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Property profile & analytics
FOR LEASE
Strip malls
7824 Park Meadows Dr Lone Tree, CO 80124
Entity Owned
~
Est. High Equity
Property ID
US13-0079358
For Lease
1 / 4
Contact for pricing
7824 Park Meadows Dr, Lone Tree, CO 80124
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Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2003
Total area
14,803 SF
Lot
1.26 ac (54,711 SF)
APN
R0417124
UPID
US13-0079358
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
$3.34M
Comparable Approach
Comparable
$4.20M
Blend (final)
Blend
$3.79M
Owner & transaction history
Mdk Park Meadows LLC
Mdk Park Meadows LLC
since 2025
Last sale
$3.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.1M
+26.0%
Auto repair, garage
$5.9M
+23.4%
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 Lone Tree submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lone Tree 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%
$3,620,000
6.5%
$3,340,000
7%
$3,100,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,805,000
Current use
RESTAURANT
$6,055,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,930,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$4,760,000
Change: -1% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$4,600,000
Change: -4% · Conversion: Difficult
MEDICAL BUILDING
$4,495,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$3.79M
Range $3.41M – $4.16M · ±10% · vs last sale $3.80M (Jun 5 2025)
Last sale anchor
$3.80M
Jun 5 2025
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
$256 / 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
$116,729
Tax year 2023
Assessed value
$1,218,360
Assessed 2023
Previous assessed
$1,244,930
-2.1% YoY
Effective rate
9.58%
On assessed value
Assessed land
$238,120
Assessed improvement
$980,240
Land market value
$853,492
Improvement market value
$3,513,393
Total market value
$4,366,885
Applied tax rate
3,510.0000
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
For Lease
Year built
2003
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
3
Total area
14,803 SF
Lot
1.26 ac (54,711 SF)
APN
R0417124
UPID
US13-0079358
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.8M
RESTAURANT
Est. value
$6.1M
AUTO REPAIR, GARAGE
Est. value
$5.9M
RETAIL STORES
Est. value
$4.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.6M
MEDICAL BUILDING
Est. value
$4.5M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
2003
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
3
Lot
1.26 ac
Current owner
From public records · entity-resolved
Mdk Park Meadows LLC
Entity
Mailing address
200 LIPAN ST, DENVER, CO 80223-1318
Ownership since
2025
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
Sep 5, 2025
$3,800,000
Mdk Park Meadows LLC
William Penn Apartments LLC
Special Warranty Deed
$2,850,000 · 5star Bank
Apr 18, 2019
$4,350,000
William Penn Apartments LLC
7824 Park Meadows LLC
Grant Deed
$2,827,500 · Firstbank
Jul 14, 2014
$2,800,000
7824 Park Meadows LLC
Park Meadows 7 LLC
Warranty Deed
$2,100,000 · Firstbank
Jul 3, 2007
$82,386
Lady Fitness Properties LLC
Treasurer Of Douglas County
Redemption Deed
—
Jun 13, 2007
$3,400,000
Park Meadows 7 LLC
Lady Fitness Properties LLC
Warranty Deed
$2,720,000 · Natixis Real Estate Capital
Nov 29, 2006
$87,922
Jw Liens LLC
Treasurer Of Douglas County
Tax Deed
—
—
—
Lady Fitness Properties LLC
—
Deed Of Trust
related
$112,000 · First National Bank Strasburg
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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