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    28870 Highway 160 E Durango, CO 81303

    For Sale
    $2,995,000

    Multi-Use w/Res - Durango, CO

    Property size:
    5,950 SF
    Lot size:
    5.60 Acres
    Days on Market:
    156
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 28870 Highway 160 E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    5,950 SF
    Lot size
    5.60 Acres

    Building Details

    Year built
    1960
    Architectural style
    Other

    The Wells Group of Durango, LLC (970) 259-6680 [email protected]

    Listing agent Justin Osborn (970) 259-6680

    Listing date Jul 3, 2025

    MLS# 826161 Listing URL

    Copyright © 2025 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Durango Multi-Use Investment Opportunity

    Two separately deeded commercial properties totaling 5.62 acres are available. The properties are located across from Three Springs. One parcel is 1.8 acres and currently operates as a tow yard. The other parcel includes a gas station, a coffee shop/deli, and a motel. The motel is currently leased to long-term renters. The current income from all the businesses is approximately $10,000 per month. Note that the businesses themselves are not for sale. This property represents an opportunity for a land bank investor interested in Durango's eastern development corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Auto Parts Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Durango
    County
    La Plata
    State
    Colorado
    Longitude
    -107.8235289
    Latitude
    37.227184

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    FAQs

    What type of property is this?
    Gas station - Two commercial properties with income potential in Durango's development corridor.
    Where is this gas station located?
    The property is located at 28870 Highway 160 E Durango, CO.
    What is the asking price?
    The asking price for this property is $2,995,000.
    What are key features of this property?
    This property features: - Prime location across from Three Springs in Durango's eastern development corridor.; - Two separately deeded commercial properties totaling 5.62 acres.; - Existing income of approximately $10,000 per month from leased businesses.
    (970) 259-6680
    Request Owner's contact information
    28870 Highway 160 E Durango, CO 81303
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    Durango, CO 81303
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    28870 Highway 160 E Durango, CO 81303
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