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    Tbd Cedar Rdg Rd Durango, CO 81301

    For Sale
    $2,400,000

    Multi-Family - Durango, CO

    Type:Multi Family
    Lot size:
    2.16 Acres
    Days on Market:
    299
    Last Refresh:
    Dec 5 at 2:06 pm

    Property Features for Tbd Cedar Rdg Rd

    General Information

    Property type
    Land
    Property subtype
    Multi Family
    Standard status
    Active
    Lot size
    2.16 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent Max Hutcheson (970) 259-6680

    Listing date Feb 10, 2025

    MLS# 821046 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 Shovel-Ready Development Opportunity

    This offering presents a unique opportunity to acquire the remaining portion of a shovel-ready development, situated steps from Downtown Durango, Fort Lewis College (FLC), and Hillcrest Golf Course. The property includes 5 duplex lots, allowing for the construction of 10 townhomes, and 1 single-family home lot. Utilities are available to all lots. The total lot size is 2.16 acres. The location provides convenient access to Durango's amenities, suggesting high demand for the finished homes.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Durango
    County
    La Plata
    State
    Colorado
    Longitude
    -107.863
    Latitude
    37.3486

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    FAQs

    What type of property is this?
    Duplex - Shovel-ready development opportunity near Downtown Durango, FLC, and Hillcrest Golf Course.
    Where is this duplex located?
    The property is located at Tbd Cedar Rdg Rd Durango, CO.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Shovel-ready development opportunity.; - Located steps from Downtown Durango, FLC, and Hillcrest Golf Course.; - Utilities are available to all lots.
    (970) 259-6680
    Request Owner's contact information
    Tbd Cedar Rdg Rd Durango, CO 81301
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    Durango, CO 81301
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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
    Tbd Cedar Rdg Rd Durango, CO 81301
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