Parshall is an unincorporated town, a post office, and a census-designated place (CDP) located in and governed by Grand County, Colorado, United States.

It processes molybdenum ore derived from the Henderson Mine in Clear Creek County, just over the Continental Divide.

There are tourist facilities, such as the Bar Lazy J Guest Ranch (founded 1912), Colorado Cannabis School,[6] the Aspen Canyon Ranch,[7] and fishing areas along the Colorado River and the Williams Fork and Reservoir.

Parshall is located along the south side of U.S. Route 40 between Hot Sulphur Springs and Kremmling, on the north bank of the Colorado River downstream from Byers Canyon.

[2] This climate type is dominated by the winter season, a long, bitterly cold period with short, clear days, relatively little precipitation mostly in the form of snow, and low humidity.