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    Property profile & analytics

    3515 Main Ave Durango, CO 81301-4028

    • Hotels
    • 8,939 SF
    • 0.55 lot acres
    OFF-MARKET
    Value Estimation
    $2,450,000
    Last Sale
    Aug 19, 2024
    $2,450,000
    Location Intelligence
    Property ID
    US13-1733757
    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

    • Adventure Inn Durango / Inn / Motel

    Property Details for 3515 Main Ave

    Year built
    1957
    Lot size
    0.55 lot acres
    Property size
    8,939 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    5665-171-01-008
    APU
    566517101008

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,450,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,480,000
      6.5%
      $2,535,000
      7%
      $2,390,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,260,000
      Geo Method
      $2,615,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,290,000
      Retail
      $2,605,000
      Mixed-Use
      $2,170,000
      Hospitality
      $2,520,000
      Educational
      $2,965,000
      Residential Income
      $2,695,000
      Energy
      $2,520,000
      Income-Based Land
      $2,190,000
      Food Service
      $2,190,000

    Location Insight

    • Map
    • Local Demand
    City
    Durango
    County
    La Plata
    State
    Colorado
    Longitude
    -107.869
    Latitude
    37.3044
    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
    $15,530
    $162,670
    $205,400
    $368,070
    -
    $583,030
    $736,200
    $1,319,230

    Comparable in this City

    • Value Estimation by Request
      312 SF

      11998 County Rd 240

      HOTEL/MOTEL • 312 SF
      11998 County Rd 240, Durango, CO 81301-6303
      View Details
    • Value Estimation
      $3,030,000
      517 SF

      150 5th St

      HOTEL/MOTEL • 517 SF
      150 5th St, Durango, CO 81301-5651
      View Details
    • Value Estimation
      $565,000
      1,242 SF

      1322 Animas Vw Dr

      HOTEL/MOTEL • 1,242 SF
      1322 Animas Vw Dr, Durango, CO 81301-8931
      View Details
    • Value Estimation
      $560,000
      3,325 SF

      920 Main Ave

      HOTEL/MOTEL • 3,325 SF
      920 Main Ave, Durango, CO 81301-5122
      View Details
    • Value Estimation
      $1,175,000
      5,991 SF

      2930 Main Ave

      HOTEL/MOTEL • 5,991 SF
      2930 Main Ave, Durango, CO 81301-4243
      View Details
    • Value Estimation
      $1,735,000
      6,300 SF

      2038 Sierra Verde Dr

      HOTEL/MOTEL • 6,300 SF
      2038 Sierra Verde Dr, Durango, CO 81301-7437
      View Details

    Similar Nearby for Sale

    • 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
    • New
      $5,895,000
      17,951 SF

      Durango Hotel Investment Opportunity

      Turnkey, 48-room Quality Inn in thriving Durango, Colorado.
      2930 Main Ave, Durango, CO 81301
      View Details
    • New
      $610,000
      6.35 Acres

      Durango Land Parcel For Sale

      6.35 acre parcel ideal for lodging development near Highway 550.
      550 Tbd - Lot G Hwy N, Durango, CO 81301
      View Details
    • $1,165,000

      Ski-In/Ski-Out Luxury Condo

      Updated condo with resort amenities and mountain views.
      24 Sheol St, Durango, CO 81301
      View Details
    • $10,500,000
      7,386 SF

      Durango RV Park on Animas

      81+ acre RV park with river frontage near Durango.
      1322 Animas View Dr, Durango, CO 81301
      View Details
    • $399,000
      2,442 SF

      Durango Office Space For Sale

      Dental/medical office space in central Durango, close to schools.
      2323 W 2Nd Ave, Durango, CO 81301
      View Details

    Similar Nearby for Lease

    • 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
    • $15 SF/Yr
      3,046 SF

      Bodo Drive Commercial Property

      Durango Office/Land, 3046 sq ft
      194 Bodo Dr, Durango, CO 81301
      View Details

    Property Visit Statistics

    • Visits by month
      3.1k
    • Visitors by month
      1.7k
    • Avg Time on site
      421 min
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    3515 Main Ave
    Durango, CO 81301-4028
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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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