Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    240 8th Ave Durango, CO 81301-5743

    • Commercial land
    • 1,360 SF
    • 0.73 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US13-1096406
    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

    • Sonic Drive-In / Fast Food Restaurant

    Property Details for 240 8th Ave

    Year built
    1996
    Lot size
    0.73 lot acres
    Property size
    1,360 SF
    Property type
    Commercial land
    APN
    5665-294-00-035
    APU
    566529400035

    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
    -107.873
    Latitude
    37.264
    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
    $10,279
    $134,930
    $120,810
    $255,740
    -
    $483,630
    $433,020
    $916,650

    Comparable in this City

    • Value Estimation by Request
      0.54 Acres

      220 Rock Pt Dr

      VACANT COMMERCIAL LAND • 0.54 Acres
      220 Rock Pt Dr, Durango, CO 81301-7744
      View Details
    • Value Estimation by Request
      0.51 Acres

      32nd Stuart Pl

      VACANT COMMERCIAL LAND • 0.51 Acres
      32nd Stuart Pl, Durango, CO 81301
      View Details
    • Value Estimation by Request
      2.00 Acres

      26985 Hwy 160

      VACANT COMMERCIAL LAND • 2.00 Acres
      26985 Hwy 160, Durango, CO 81301-7964
      View Details
    • Value Estimation by Request
      4.07 Acres

      Durango, CO 81301

      VACANT COMMERCIAL LAND • 4.07 Acres
      Durango, CO 81301
      View Details
    • Value Estimation by Request
      0.97 Acres

      45 Tacoma Dra

      VACANT COMMERCIAL LAND • 0.97 Acres
      45 Tacoma Dra, Durango, CO 81301-8044
      View Details
    • Value Estimation by Request
      4.31 Acres

      44 Zyme Rock Rd

      VACANT COMMERCIAL LAND • 4.31 Acres
      44 Zyme Rock Rd, Durango, CO 81301-8053
      View Details

    Similar Nearby for Sale

    • $999,000
      1.09 Acres

      Durango Commercial Land For Sale

      Prime commercial land near Highway 160 and Highway 550.
      95 Design Center Rd, Durango, CO 81301
      View Details
    • $1,600,000
      3.23 Acres

      Animas Valley Commercial Zoned Property

      Commercial zoned property in Animas Valley near many amenities.
      275 Aka Trimble Ln, Durango, CO 81301
      View Details
    • $975,000
      0.98 Acres

      Prime Commercial Land in Durango

      High-visibility commercial parcel in Durango's growing district.
      65 Design Center Rd, Durango, CO 81301
      View Details
    • New
      $2,600,000
      3.48 Acres

      Highway 550 Land For Development

      3.48 acre parcel ideal for lodging or activity center.
      550 Tbd Tract C Hwy N, Durango, CO 81301
      View Details
    • $725,000
      0.76 Acres

      Commercial Land Near City Limits

      Commercial land with paid water/sewer taps, near Mercy Medical Center.
      312 Davidson Creek Rd, Durango, CO 81301
      View Details
    • $850,000
      1.29 Acres

      Durango Commercial Land For Sale

      Ideal location with many commercial use options near Mercy Hospital.
      45 Three Springs Blvd, Durango, CO 81301
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      3,046 SF

      Bodo Drive Commercial Property

      Durango Office/Land, 3046 sq ft
      194 Bodo Dr, Durango, CO 81301
      View Details
    • Contact for pricing
      2,802 SF

      Retail Space on Main Avenue

      Retail space available for lease or sale on Main Avenue.
      2497 Main Ave, Durango, CO 81301
      View Details

    Property Visit Statistics

    • Visits by month
      21.7k
    • Visitors by month
      16.1k
    • Avg Time on site
      12 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    240 8th Ave
    Durango, CO 81301-5743
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.