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Property profile & analytics
FOR SALE
Land

170 Metz Ln Durango, CO 81301

2.33 ac lot
Property ID
US13-1481229
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 2.33 ac (101,495 SF)
UPID US13-1481229
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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