Development Land with Operating Gas
20800 W US HWY 160 Durango, CO 81303
20800 W US HWY 160, Durango, CO, 81303
$2,500,000
For Sale
$2,500,000
LAND - Durango, CO
Lot Size46.10 Acres
Days on Market146
Property Features for 20800 W US HWY 160
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 46.10 Acres
Listing Agency
Wells Group Real Estate
(970) 259-6680
Durango, CO
Listed by
Zane Wells
(970) 317-1095
Added: Feb 23 Checked: Jul 19 at 8:06 pm
MLS# 831803
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Investment Insights
Based on property information with market context.
This 46.1-acre development land parcel is located within city limits and includes a combination of Rural/Agricultural and Commercial General zoning. The property is improved with an operating gas station tenant on-site, and existing entitlements are described as allowing a range of commercial and limited rural uses. The listing notes that the gas station lease is not long term, creating flexibility for a future owner to reposition or redevelop the site.
The property is reported to be approximately 1.5 miles from Main Street in Durango, Colorado. The ground includes about two acres of flat, creek-side terrain described as buildable. The listing also notes an additional 2+ acres across the creek that could be evaluated for future development; any residential or multifamily development would require a change of use and approval through the City of Durango planning and entitlement process.
For developers and land investors, the site offers a sizable footprint with multiple development pathways tied to current zoning and described entitlement allowances. Utilities are indicated as accessible, and the proximity to downtown amenities is highlighted as relevant to planning a potential phased approach that can incorporate interim income alongside longer-term entitlement and redevelopment considerations. Buyers should consult with city planning staff regarding rezoning, density allowances, infrastructure requirements, and any annexation or land use considerations as applicable.
The property is reported to be approximately 1.5 miles from Main Street in Durango, Colorado. The ground includes about two acres of flat, creek-side terrain described as buildable. The listing also notes an additional 2+ acres across the creek that could be evaluated for future development; any residential or multifamily development would require a change of use and approval through the City of Durango planning and entitlement process.
For developers and land investors, the site offers a sizable footprint with multiple development pathways tied to current zoning and described entitlement allowances. Utilities are indicated as accessible, and the proximity to downtown amenities is highlighted as relevant to planning a potential phased approach that can incorporate interim income alongside longer-term entitlement and redevelopment considerations. Buyers should consult with city planning staff regarding rezoning, density allowances, infrastructure requirements, and any annexation or land use considerations as applicable.
Key Highlights
- 46.1‑acre property in Durango city limits, about 1.5 miles from Main Street
- Zoned Rural/Agricultural and Commercial General with existing entitlements for a range of commercial and limited rural uses
- Includes an operating gas station tenant with in‑place income; lease not long term
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - 46.1-acre infill site in city limits with an operating gas station tenant and flat creek-side ground for future development.
Where is this commercial land located?
The property is located at 20800 W US HWY 160 Durango, CO.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 46.1‑acre property in Durango city limits, about 1.5 miles from Main Street; Zoned Rural/Agricultural and Commercial General with existing entitlements for a range of commercial and limited rural uses; Includes an operating gas station tenant with in‑place income; lease not long term