Real Estate For Sale in...
 

TBD Highway 172, Durango, CO 81303

$1,500,000
Commercial Property MLS# 726087 ID: 45597699
$1,500,000 Get Rates

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. This property is up for Auction on April 26, 2018. Contact Auction Services Group, Inc. at 888-442-8008 or 312-223-8324.

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Location Information near TBD Highway 172
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Property Features for TBD Highway 172
Status
Market Status
Available
Last Updated
April 20, 2018
Description
Property Type
Commercial Property
Architecture
Lots/Acreage
Approx. Lot Size
67.52 Acres

Legal/Financial

  • Taxes: 494.6800

Location

  • MLS Area: Durango Rural

Lot Features

  • Fence: Barbed Wire Fence
  • View: Mountain View

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The Wells Group, Durango CO


  • Phone: View Phone Number (970) 259-6680
  • Toll Free: View Phone Number (800) 955-0259
  • Website: Visit Office Website

Data Provided by:
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More information about this $1,500,000 Commercial Property at TBD Highway 172

This $1,500,000 Commercial Property at TBD Highway 172 in Durango, CO is offered by John Wells. This $1,500,000 Commercial Property, located in the 81303 zip code, has the following property features: MLS Area, Fence, View, Taxes. This TBD Highway 172 Commercial Property, located in La Plata County , is listed under MLS listing number 726087 and has a listing price of $1,500,000. You can find more of John Wells's listings by browsing John Wells homes for sale at HomesAndLand.com, or even more DURANGO homes for sale here.