380 Airport Rd Durango, CO 81303
- Mixed-use properties
- 96,837 SF
- 9.96 lot acres
Current Use by Public Records
- Spriggs Excavation Inc / Excavating Contractor
Property Details for 380 Airport Rd
- Year built
- 2007
- Lot size
- 9.96 lot acres
- Property size
- 96,837 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property, situated adjacent to the Durango La Plata County Airport, presents a unique investment opportunity. The expansive 9.96-acre site boasts a substantial 96,837 square feet of developed space, offering a blend of commercial and office uses. A significant portion comprises over 73,000 square feet of Class A office space, featuring modern amenities such as elevators, floor-to-ceiling windows in corner conference rooms, multiple large meeting areas, private offices, cubicles, workstations, a fitness center, and two kitchenettes. The large meeting rooms have a capacity of over 360 people. Office space leases are currently at $8 per square foot, with an additional $2 per square foot available for tenant improvements. Adding to the income stream, a 16,595 square foot building is partially leased to Spriggs Excavation, and a 7,242 square foot shop is fully leased to ModStreet. Ample parking is provided with over 200 spaces spread across 1.5 acres of paved area. The property's strategic location offers convenient access to Durango (14 miles), Bayfield (15 miles), and Ignacio (10 miles), making it an ideal hub for businesses and employees. The property sits on 10 usable acres of flat land, providing significant potential for future development or expansion. This is a rare opportunity to acquire a substantial, high-quality commercial property in a thriving Durango location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Durango
- County
- La Plata
- State
- Colorado
- Longitude
- -107.749
- Latitude
- 37.1683
