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    450 Camino Del Rio #203 Unit Durango, CO 81301

    For Sale
    $300,000

    High-return office condo for sale or lease

    Property size:
    921 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 921-square-foot Class "A" office condominium presents a compelling investment opportunity in Durango, Colorado. Located at 450 S Camino Del Rio #203, this second-floor unit boasts high-end finishes, having served as a successful dental practice for over 15 years. The space is easily adaptable to various professional uses. Convenient elevator access is provided, along with a shared common area deck and restrooms. Ample, undesignated parking is available for tenants and clients. High-speed internet access is already in place, ensuring seamless connectivity. The building benefits from on-site management and a strong tenant mix of medical and professional businesses, creating a stable and desirable environment. Priced below current construction costs, this property offers a secure, long-term investment potential with significant return on investment. The unit is currently available for both lease and purchase, providing flexibility for potential buyers. This is a rare opportunity to acquire a well-maintained, high-quality office space in a prime Durango location. The building's professional atmosphere and convenient amenities make it an ideal choice for a variety of businesses. Don't miss this chance to secure a valuable asset in a thriving market.

    Property Features for 450 Camino Del Rio #203 Unit

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    921 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    A Better Hearing Center Audiologist Oak Family Dentistry, ... Dentist High Country Optical ... Optical Wholesaler Ashley Qualls, DC Chiropractor Animas Urgent Care Emergency Care Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Hotel & Motel Nail Salon Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Durango
    County
    La Plata
    State
    Colorado
    Longitude
    -107.8742
    Latitude
    37.24921

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    FAQs

    What type of property is this?
    Office Property / Space - High-return office condo for sale or lease
    Where is this office property / space located?
    The property is located at 450 Camino Del Rio #203 Unit Durango, CO.
    What is the asking price?
    The asking price for this property is $300,000.
    Request Owner's contact information
    450 Camino Del Rio #203 Unit 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
    450 Camino Del Rio #203 Unit Durango, CO 81301
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