380 Airport Rd Durango, CO 81303
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.
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Spriggs Excavation Inc General Contractor Construction Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.