$1,950,000
SOLD JAN 23, 2018

N N Main Ave Durango, CO 81301

7 Acres
$275,813 Price per Acre
307,969 Sq Ft Lot

Recently Sold

$441 Per Sq Ft

2% Below List Price

Highlights

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

About This Lot

As of July 2021

This is an exceptional development property on the market for the first time in decades!!! It has been identified by the City of Durango for MUA. Multi-family, mixed use or even office/commercial could be considered. This property affords excellent access, views over the Animas Valley and is nestled at the foot of Animas Mountain. The site was once a Community Hospital and the primary utilities are all in place to the property. This is the one of a few development sites available in the City consisting of 7.067 acres. 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 creative developer with a variety of options of product type and located in a convenient location to recreation, easy access to Purgatory and high country activities as well as blocks from key services.

Last Agent to Sell the Property

John Wells

The Wells Group of Durango, LLC Listed on: 09/25/2017

Last Buyer's Agent

John Wells

The Wells Group of Durango, LLC Listed on: 09/25/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,339

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 $25,000
  • Assessor Parcel Number 566509304800

Property Details

Property Type

Land

Est. Annual Taxes

$9,339

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: CTS
  • 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
  • Tax Account Id: R432289 and R4432290
  • 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: 25000
  • Possible Property Use: Commercial
  • Mineral Rights: Unknown
  • Price Acre: 281471
  • Topography: Sloped
  • Price per Sq Ft: 6.46
  • Sewer Paid: Yes
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 275813.3
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Total Taxes Dollar: 9338.52
  • 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: 2016

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: 738087

Colorado Real Estate Network (CREN)