$1,800,000
67.52 acres
37.1661 -107.919

TBD Highway 172 Durango, CO 81303

$1,800,000
Est. Monthly $9,153 recalculate
67.52 acres
 

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CENTURY 21 West Slope Realty
2218 East Main
Cortez, CO 81321
970.­565.8408
970.­565.8408
CENTURY 21 West Slope Realty
2218 East Main Cortez, CO 81321
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TBD Highway 172
Durango, CO 81303

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Other Residential - John M Wells, The Wells Group of Durango, Inc., C: 970-749-1440, johnw@wellsgroupdurango.com, www.wellsdurangorealestate.com: 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.
MLS # 726087
Courtesy Of The Wells Group of Durango, Inc.

Property Features

  • Architecture Style: Other
  • Lot Size: 67.52 Acres
  • Roof Type: Unknown

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $9,153Your estimated monthly payment
    $360,00020% Down Payment
    $1,800,000 $1,620,000
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    SUNNYSIDE ELEMENTARY SCHOOL
    Grades PRESCHOOL-5 | Public School

    DURANGO, CO 81303
    75 COUNTY ROAD 218
    970-259-5249
    4.5
    miles

    Total Students 173
    Student Teacher Ratio 12:1

    School Rating

    4 stars View School Details
    Middle School
    ESCALANTE MIDDLE SCHOOL
    Grades 6-8 | Public School

    DURANGO, CO 81303
    141 BAKER LN
    970-247-9491
    5.2
    miles

    Total Students 500
    Student Teacher Ratio 17:1

    School Rating

    3 stars View School Details
    High School
    DURANGO HIGH SCHOOL
    Grades 9-12 | Public School

    DURANGO, CO 81301
    2390 MAIN AVE
    970-259-1630
    8.9
    miles

    Total Students 1100
    Student Teacher Ratio 18:1

    School Rating

    3 stars View School Details

    Local Area Information for Durango, CO 81303

    Median Age: 42.5
    Married: 45.4%
    Number of Households: 3,173
    Households with Children: 804
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.