NOT LISTED FOR SALE

N N Main Ave Durango, CO 81301

7 Acres
-- Price per Acre
307,969 Sq Ft Lot

Last Sold July 06, 2021

Last sale price $2,325,000 $525 Per Sq Ft

532 Days on Market

Highlights

  • Open Space
  • Park Elementary School Rated A-
  • 2-minute walk to Riverfront Park

About This Lot

As of July 2021

Rare development opportunity in North Downtown Durango with the entitlement process set to be finalized in mid-July with approval for 144+/- apartment units, plus additional small commercial use. This location is ideal for the North Durango County employment base (Glacier, Tamarron, Purgatory resort, etc.) and still maintains great in-town location with easy access to the Main Avenue, Highway 550 as well as a trolley stop at the entry of the future development. This 7.067 acre site boasts excellent views overlooking the coveted Animas Valley. To the north are the Colorado Department of Transportation regional offices, which have an access easement through the parcel. Just to the south is the Hampden Inn. This is a marque site awaiting a developer to bring this develop opportunity to fruition.

Last Agent to Sell the Property

John Wells

The Wells Group of Durango, LLC Listed on: 06/20/2019

Co-Listed By

Zane Wells

The Wells Group of Durango, LLC

Last Buyer's Agent

Zane Wells

The Wells Group of Durango, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,570

Lot Details

  • 7.07 Acre Lot
  • Open Space
  • Sloped Lot
  • Property is zoned Commercial, Residential Multi Family

Schools

  • Needham K-5 Elementary School
  • Miller 6-8 Middle School
  • Durango 9-12 High School

Utilities

  • Septic System
  • Phone Available

Listing and Financial Details

  • Security Deposit $30,000
  • Assessor Parcel Number 566509304800

Property Details

Property Type

Land

Est. Annual Taxes

$20,570

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Title Company
  • Legal Lot Block: Section: 9 Township: 35 Range: 9 TRACT 1-R2, MERCY REGIONAL MEDICAL CENTER TRACTS A-R & 1-R, PL 987811 PARCEL IN 2 TAX DISTS SEE ALSO R432290
  • Lot Dimension: 7.067 acres
  • Lot Size Acreage: 5-10 Acres
  • Parcel Id Number: 566509304800
  • Property Description: Adj To Open Space
  • Street Descriptionaccess: State Highway, City/Town, Paved
  • Street Designation: Avenue
  • Zoning: Commercial, Residential Multi Family
  • Domestic Sewer: Sewer Tap Available, Central
  • Domestic Water: Public
  • Type: Commercial
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 7.07
  • Current Property Use: Dry Land
  • Em Deposit: 30000
  • Possible Property Use: Commercial
  • Mineral Rights: Unknown
  • Price Acre: 325318.25
  • Topography: Sloped
  • Price per Sq Ft: 7.47
  • Sewer Paid: Yes
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 328854.31
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Total Taxes Dollar: 20,570.08
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Utilities: Electricity, Phone Near, Natural Gas
  • Water Tap Paid: Yes
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Water Supplier: City Of Durango

Schools

  • Elementary School: Needham K-5
  • Middle School: Miller 6-8
  • High School: Durango 9-12
  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2019

MLS Schools

  • Elementary School: Needham K-5
  • Middle School: Miller 6-8

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2021 07/06/21 Sold $2,325,000 +1.1% $525 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $2,300,000 0.0% $520 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
01/09/2020 01/09/20 Price Changed $2,300,000 -17.8% $520 / Sq Ft
06/20/2019 06/20/19 For Sale $2,799,000 -56.3% $632 / Sq Ft
05/31/2019 05/31/19 Sold $6,400,000 0.0% $62 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
05/29/2019 05/29/19 For Sale $6,400,000 +228.2% $62 / Sq Ft
01/23/2018 01/23/18 Sold $1,950,000 -2.0% $441 / Sq Ft
09/25/2017 09/25/17 Pending -- -- --
09/25/2017 09/25/17 For Sale $1,990,000 -- $450 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 759348

Colorado Real Estate Network (CREN)