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Tbd Highway 172
Durango, CO 81303
MLS# 726084 ID: 45597698
$1,500,000
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Property Description
Developers! Investors! This is... an ideal residential development parcel located in Durango, Colorado. This is a very rare opportunity to invest in a path of growth location at an attractive acquisition price. This parcel is perfectly suited for a density that would allow attainable houses in a great location. Right next to Florida Mesa Elementary and minutes to the hospital and Durango services. The opportunity is a previously entitled, viable project underwritten and priced conservatively for developer profit, whatever the measure (IRR, Net Present Value, Gross Profit, etc.). All utilities are to the site including electricity, phone, natural gas, and sanitary sewer (LLSD), with a community water system supplied by private wells which were extensively tested for county planning in 2016. A new traffic light will be required to be installed serving the project and Florida Mesa Elementary. The project is not subject to the Grandview Area Plan or the IGA. Density is up to 4 units to an acre.
Property Features
Status
Last Updated February 24, 2018
Market Status Available
Description
Property Type Commercial
Year Built 2018
Approx. Lot Size 67.52 Acres
Building Features
Cable/Satellite TV Cable TV Available
Legal/Financial
Taxes 494.6800
Location
MLS Area Durango Rural
Lot Features
Fence Barbed Wire Fence
Schools Near Property

Select a school from the list below to receive a free school report

School District Grades Type
Durango School District No. 9-r Preschool-5 Public
Preschool-k Private
Preschool-8 Private
Durango School District No. 9-r Preschool-5 Public
Durango School District No. 9-r Preschool-5 Public
Durango School District No. 9-r Preschool-5 Public
Durango School District No. 9-r Preschool-5 Public
Durango School District No. 9-r Preschool-5 Public
Preschool-6 Private
Diocese Of Pueblo Preschool-8 Catholic
Durango School District No. 9-r Preschool-5 Public
School District Grades Type
Durango School District No. 9-r Preschool-5 Public
Preschool-k Private
Preschool-8 Private
Durango School District No. 9-r Preschool-5 Public
Durango School District No. 9-r Preschool-5 Public
Durango School District No. 9-r Preschool-5 Public
Durango School District No. 9-r Preschool-5 Public
Durango School District No. 9-r Preschool-5 Public
Preschool-6 Private
Diocese Of Pueblo Preschool-8 Catholic
Durango School District No. 9-r Preschool-5 Public
School District Grades Type
Durango School District No. 9-r Preschool-5 Public
Bayfield School District No. 10jt-r 2-5 Public
Bayfield School District No. 10jt-r K-1 Public
Preschool-k Private
Preschool-8 Private
Durango School District No. 9-r Preschool-5 Public
Durango School District No. 9-r Preschool-5 Public
Ignacio School District No. 11jt K-5 Public
Durango School District No. 9-r Preschool-5 Public
Durango School District No. 9-r Preschool-5 Public
Durango School District No. 9-r Preschool-5 Public
Preschool-6 Private
Diocese Of Pueblo Preschool-8 Catholic
Durango School District No. 9-r Preschool-5 Public
School District Grades Type
Bayfield School District No. 10jt-r 6-8 Public
Preschool-8 Private
Durango School District No. 9-r 6-8 Public
6-12 Private
Ignacio School District No. 11jt 6-8 Public
Durango School District No. 9-r 6-8 Public
Charter School Institute 6-8 Public
Durango School District No. 9-r 6-12 Public
7-12 Public
Diocese Of Pueblo Preschool-8 Catholic
School District Grades Type
Charter School Institute 9-12 Public
Bayfield School District No. 10jt-r 9-12 Public
9-12 Private
Durango School District No. 9-r 9-12 Public
Durango School District No. 9-r 9-12 Public
6-12 Private
Ignacio School District No. 11jt 9-12 Public
Durango School District No. 9-r 6-12 Public
7-12 Public
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Recent Sales Near Property
Address Beds Baths Price
1 10537 County Road 213, Durango, Co 81303 2 2 $65,100
2 448 Skylane, Durango, Co 81303 3 2 $290,000
3 454 Skylane, Durango, Co 81303 2 1 $110,000
4 370 Trestle, Durango, Co 81303 2 1 $496,500
5 70 Eagle View, Durango, Co 81303 $160,000
6 519 Trestle, Durango, Co 81303 3 2 $369,000
7 760 Bardin, Durango, Co 81303 $250,000
8 84 Riverview Ranch, Durango, Co 81303 $536,600
9 116 River Oaks, Durango, Co 81303 3 3 $512,000
10 1295 Escalante, Durango, Co 81303 2 2 $349,500
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Receive a Free Community Profile
Quick Glance
Population 8,534
Population Growth 23%
Population Density 40
Median Age 40.3
Median Income $60,420
Households 3,523
Weather
Jan Low 9.82
Jan High 40.88
July Low 58.86
July High 90.5
Annual Precipitation (in.) 74.95
Weather Risk Index* 1
*Index score (100 = National Average) that represents the total risk
Durango Demographics
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Durango Housing Statistics
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Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.

Data Provided by Colorado Real Estate Network

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright [CurrentYear]. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to "limited license" rights. Duplication or reproduction is prohibited.

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