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    Property profile & analytics

    1401 Main Ave Durango, CO 81301-5140

    • Commercial land
    • 4,550 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US13-0051685
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Integrated Physical Therapy / Physical Therapist
    • John Mcaward / Physical Therapist
    • SRA Institute / Chiropractor
    • Purcell Tiffany / Physical Therapy Clinic
    • Loyd F. Jarrell, DC / Chiropractor

    Property Details for 1401 Main Ave

    Year built
    1957
    Lot size
    0.41 lot acres
    Property size
    4,550 SF
    Property type
    Commercial land
    APN
    5665-203-34-007
    APU
    566520334007

    Description

    This exceptional 0.41-acre mixed-use property at 1401 MAIN Avenue in Durango, Colorado, presents a unique investment opportunity. Boasting 4,550 square feet, the site enjoys one of the most prominent corner locations in Durango, situated near the Animas River swinging bridge, the Powerhouse Science Center, and the River Trail. Currently underutilized, the existing building offers significant redevelopment potential. Conceptual designs exist for a three-story structure incorporating under-building parking, with a mixed-use configuration featuring commercial/office space on the lower level and residential units above. However, the property's prime location and zoning allow for a variety of development concepts to suit a buyer's vision. This rare downtown Durango parcel is ideally positioned within the New Urbanization Zone, benefiting from enterprise and opportunity zone designations. The high visibility and proximity to key attractions make this an exceptional opportunity for investors seeking a high-impact project in a thriving Colorado community. The property's size and location offer significant upside for future development and returns. Serious inquiries are encouraged to explore the possibilities of this remarkable downtown Durango asset.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Durango
    County
    La Plata
    State
    Colorado
    Longitude
    -107.879
    Latitude
    37.2791
    CBSA code
    20420
    CBSA name
    DURANGO, CO MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,988
    $195,300
    $65,130
    $260,430
    -
    $700,010
    $233,450
    $933,460

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation by Request
      0.36 Acres

      Durango, CO 81301

      VACANT COMMERCIAL LAND • 0.36 Acres
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      View Details

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    1401 Main Ave
    Durango, CO 81301-5140
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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
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