170 Metz Ln Durango, CO 81301
- Commercial real estate
- 2.33 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 170 Metz Ln
- Lot size
- 2.33 lot acres
- Property type
- Commercial real estate
- APN
- 566515200132
Description
Exceptional development opportunity awaits in Durango, Colorado, with this 2.33-acre lot ideally situated at 170 Metz Ln, 81301. Zoned for Residential Multi-Family and Residential Single-Family use, this property presents a unique chance to build a substantial multifamily development. The permitted zoning allows for a medium density build-out, with the potential for 5 to 11 units per acre, offering significant flexibility in project design. The asking price is $999,000, translating to $9.84 per square foot. Conveniently located within city limits, the property boasts easy access to essential utilities including water, sewer, and power, simplifying the development process. Its tranquil setting off a quiet street provides a peaceful atmosphere while maintaining proximity to key amenities. Residents will enjoy close proximity to North Main Ave, North City Market, the Animas River and its scenic trail, and a variety of restaurants. The property's APN is 566515200132. This is a rare opportunity to capitalize on Durango's thriving real estate market and create a valuable multifamily project in a highly desirable location. Don't miss this chance to acquire a prime piece of land with exceptional development potential.
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
- -107.8455342
- Latitude
- 37.3000374
