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Property profile & analytics
OFF-MARKET
Estimated value
$2,555,000
Commercial land
360 Camino Del Rio Durango, CO 81301-6806
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-1073783
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1975
Total area
12,544 SF
Lot
8.32 ac (362,550 SF)
APN
5665-324-00-030
UPID
US13-1073783
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
Current use
Occupant on record · Public records
-
Durango BMX Track Cycling Facility
-
U-Haul Neighborhood Dealer Car Rental Facility
-
4Corners Riversports (Bike/Boat/Book/etc) Store
-
GRASSBURGER (DGO South) Restaurant
-
Durango Harley Elementry High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.92M
Blend (final)
Blend
$2.56M
Owner & transaction history
Mesa Partnership · 2 yrs held
Mesa Partnership
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Durango submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Durango submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.56M
Range $2.30M – $2.81M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$204 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$24,254
Tax year 2023
Assessed value
$603,450
Assessed 2023
Previous assessed
$568,920
+6.1% YoY
Effective rate
4.02%
On assessed value
Assessed land
$407,690
Assessed improvement
$195,760
Land market value
$1,461,270
Improvement market value
$701,650
Total market value
$2,162,920
Applied tax rate
1,111.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1975
Heating
FLOOR/WALL FURNACE
Bathrooms
4
Total area
12,544 SF
Lot
8.32 ac (362,550 SF)
APN
5665-324-00-030
UPID
US13-1073783
Jurisdiction
LA PLATA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1975
Heating
FLOOR/WALL FURNACE
Bathrooms
4
Lot
8.32 ac
Current owner
From public records · entity-resolved
Mesa Partnership
Entity
Mailing address
PO BOX 542, DURANGO, CO 81302-0542
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2024
—
Mesa Partnership
Nancy L Wiley
Deed Of Distribution
—
Feb 17, 2022
—
Mesa Partnership
Carol E Wiley Revocable Trust
Quit Claim Deed
related
$360,022 · Bank Of Colorado
Oct 8, 2010
—
Mesa Ptshp
Carol E Wiley & Daughters Fam
Grant Deed
related
—
Mar 11, 2010
—
Carol E Wiley Fam
—
Trustees Deed
related
$100,000 · Bank Of Colorado
—
—
Milton L Wiley
—
Deed Of Trust
related
$70,000 · Burns National Bank Durango
—
—
Carol E Wiley Fam
—
Deed Of Trust
related
$50,000 · Bank Of Colorado
—
—
Mesa Ptshp
—
Loan Modification
related
$497,026 · Bank Of The San Juans
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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