10450 Progress WayParker, CO 80134

Property Details for 10450 Progress Way

Year built

2005

Lot size

1.29 AC

Property size (Sq ft)

12,150 SF

Property type

Retail properties

Property subtype

Strip malls

APN

R0489385

APU

R0489385

Description

This exceptional 2,025 square foot office/flex space is located within the Villages at Parker II complex at 10450 S Progress Way, Parker, CO 80134. Built in 2008, this property offers a prime location in Douglas County, Colorado. The space is part of a larger 4,950 square foot building with multiple tenants. The available area is immediately ready for occupancy. The property type is classified as both office and industrial, making it suitable for a variety of businesses. The flexible layout allows for customization to meet specific operational needs. Ample parking is provided with a 3:1,000 ratio, ensuring convenient access for employees and clients. The building's modern design and efficient layout contribute to a productive work environment. This is an excellent opportunity to secure high-quality office space in a thriving business community. The address is easily accessible and benefits from excellent visibility. The space is currently vacant and available for lease. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $3,906,702

  6.5%

  $3,606,187

  7%

  $3,348,602

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,529,659

  Geo Method

  $2,529,659

• Alternative Use

  Use

  Valuation

  Residential

  $3,041,953

  Hospitality

  $2,786,413

  Educational

  $2,318,263

  Medical

  $2,397,992

  Retail

  $3,606,187

Location Insight

City

Parker

County

Douglas

State

Colorado

Latitude

39.5263

Longitude

-104.769

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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