$2,600,000

TBD (Tract C) Highway 550 Durango, CO 81301

Estimated payment $16,263/month

Total Views 28,130
3.48 Acres
$747,126 Price per Acre
151,589 Sq Ft Lot

Highlights

  • Mountain View
  • Adjacent to Greenbelt
  • 3-minute walk to Rotary Park
  • Park Elementary School Rated A-
  • Corner Lot

About This Lot

Located in the Enterprise Zone, this parcel has excellent visibility from Highway 550 and easy access directly across the Highway across from Cascade Village. The parcel is perfect for a lodging development, hotel or a combination of hotel/lodging and activity center. With the volume of traffic passing by this location and the close proximity to Purgatory, as well as trail heads to Cascade Creek, Lime Creek, Spud Lake and many more, the recreation opportunities compliment the location for lodging.

Listing Agent

John Wells

The Wells Group of Durango, LLC Listed on: 06/14/2024

Property Details

Property Type

  • Land

Lot Details

  • 3.48 Acre Lot
  • Adjacent to Greenbelt
  • Corner Lot
  • Sloped Lot
  • Property is zoned Business, Commercial, Residential Multi Family

Property Views

  • Mountain Views

Schools

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

Utilities

  • Propane
  • Phone Available

Listing and Financial Details

  • Security Deposit $50,000
  • Assessor Parcel Number 50891230120001

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: CTS
  • Legal Lot Block: Account(s): R5815; R5816; R5817; R5818; R5819; R5820 Parcel(s): PIN 50891230120001; 50891230120002; 50891230120003; 50891230120004; 50891230120005; 50891230120006 Parcel Count (if undivided interest or severed minerals): 6 Tax District: 103 Subdivision: Cascade Village Block: Lot: TRACT C FINAL LEGAL DESCRIPTION TO BE DETERMINED UPON FINAL ACCEPTED TITLE COMMITMENT.
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 50891230120001
  • Property Description: Corner, Adj To Greenbelt
  • Zoning: Business, Commercial, Residential Multi Family
  • Domestic Sewer: Central
  • Domestic Water: Public
  • Type: Multi-Family
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 3.48
  • Current Property Use: Commercial
  • Em Deposit: 50,000
  • Possible Property Use: Commercial
  • Topography: Sloped
  • Price per Sq Ft: 17.15
  • Sewer Tap Avail: Yes
  • Water Tap Available: Yes
  • Prop Description Remarks: Located in the Enterprise Zone, this parcel has excellent visibility from Highway 550 and easy access directly across the Highway across from Cascade Village. The parcel is perfect for a lodging development, hotel or a combination of hotel/lodging and activity center. With the volume of traffic passing by this location and the close proximity to Purgatory, as well as trail heads to Cascade Creek, Lime Creek, Spud Lake and many more, the recreation opportunities compliment the location for lodging.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains

Utilities

  • Utilities: Electricity Near, Phone Near, Propane Required, Phone - Landline, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane

Schools

  • High School: Durango 9-12

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Animas Valley K-5
  • Middle School: Miller 6-8

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List 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 List to Sale Price per Sq Ft
06/04/2025 06/04/25 For Sale $2,600,000 0.0% --
09/04/2024 09/04/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $2,600,000 -- --
Source: Colorado Real Estate Network (CREN)

Source: Colorado Real Estate Network (CREN)

MLS Number: 814789

Colorado Real Estate Network (CREN)
Colorado La Plata County Durango 81301

TBD (Tract C) Highway 550, Durango, CO

For Sale

Lots

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Nearby Homes
John Wells
Listing Agent
John Wells
Section Image
The Wells Group of Durango, LLC
(970) 592-8627