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    OFF-MARKET
    Land

    0 Us Hwy 160 Hwy, Durango, CO 81303

    6,500 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 6,500 square foot commercial land parcel presents a unique investment opportunity in the heart of Durango, Colorado. Located at the western gateway to downtown, this property enjoys unparalleled access and visibility on West US Highway 160, offering easy walking distance to Main Street. This is the final development parcel available on this stretch of Highway 160, making it a truly rare find. The property comprises four contiguous parcels totaling just over one acre, sold as a single package for $1,300,000. The site boasts excellent infrastructure, including four existing gas, water, and sewer hookups, all connected to Durango's city utilities. Lightner Creek flows through the entire property, adding a unique natural element. Its versatile zoning allows for a wide range of development possibilities, including but not limited to hotels, convenience stores, warehouses, retail spaces, condominiums, office complexes, restaurants, brew pubs, and medical facilities. The potential for mixed-use development is also significant. This is an exceptional opportunity to acquire a prime piece of Durango real estate with significant development potential. The property's location, infrastructure, and zoning make it an ideal investment for both short-term and long-term growth.

    Property profile
    Verified
    Property type Land
    Total area 6,500 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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