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

    400 2nd Ave Durango, CO 81301-5602

    • Hotels
    • 52,704 SF
    • 1.73 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US13-1179491
    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

    • Best Western Plus Rio Grande Inn / Hotel

    Property Details for 400 2nd Ave

    Year built
    1984
    Lot size
    1.73 lot acres
    Property size
    52,704 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    5665-293-17-012
    APU
    566529317012

    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
    -107.881
    Latitude
    37.2669
    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
    $107,577
    $690,780
    $1,858,920
    $2,549,700
    -
    $2,475,920
    $6,662,810
    $9,138,730

    Comparable in this City

    • Value Estimation by Request
      1,300 SF

      21625 Hwy 160

      HOTEL/MOTEL • 1,300 SF
      21625 Hwy 160, Durango, CO 81301-6808
      View Details
    • Value Estimation by Request
      133,047 SF

      501 Camino Del Rio

      HOTEL/MOTEL • 133,047 SF
      501 Camino Del Rio, Durango, CO 81301-5449
      View Details
    • Value Estimation
      $2,565,000
      5,577 SF

      721 2nd Ave

      HOTEL/MOTEL • 5,577 SF
      721 2nd Ave, Durango, CO 81301-5403
      View Details
    • Value Estimation
      $1,265,000
      16,347 SF

      2002 Main Ave

      HOTEL/MOTEL • 16,347 SF
      2002 Main Ave, Durango, CO 81301-4635
      View Details
    • Value Estimation
      $8,585,000
      40,845 SF

      3777 Main Ave

      HOTEL/MOTEL • 40,845 SF
      3777 Main Ave, Durango, CO 81301-4032
      View Details
    • Value Estimation by Request
      3,941 SF

      3077 Main Ave

      HOTEL/MOTEL • 3,941 SF
      3077 Main Ave, Durango, CO 81301-4244
      View Details

    Similar Nearby for Sale

    • $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
    • $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
    • $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
    • $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
    • $1,400,000
      2,802 SF

      2497 Main Avenue

      Individual retail properties • 2,802 SF
      2497 Main 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
      8.5k
    • Visitors by month
      3.3k
    • Avg Time on site
      370 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.
    400 2nd Ave
    Durango, CO 81301-5602
    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.