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$ 2,500,000
Est. payment | /mo
46.1 Acres Lot
$ 2,500,000
Est. payment | /mo
46.1 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 831803
Annual Tax Amount $22,284
Tax Year 2025
Lot Size 46.100 Acres
Acres 46.1
Property Sub-Type Residential
Property Description
46.1 acres located just 1.5 miles from Main Street in Durango, Colorado, representing a rare large-scale infill opportunity within city limits. Parcels of this size with close proximity to downtown are increasingly limited, positioning this property as a strategic acquisition for developers seeking scale, flexibility, and long-term upside. The property carries a combination of Rural/Agricultural and Commercial General zoning. Existing entitlements allow for a range of commercial and limited rural uses, and the site includes an operating gas station tenant providing in-place income. The lease is not long term, offering flexibility for a future owner to redevelop, reposition, or potentially subdivide the gas station parcel as part of a phased strategy. Approximately two acres of flat, creek-side ground provide highly buildable terrain with strong potential for townhomes, multifamily, or mixed-use concepts. An additional 2+ acres across the creek could also be evaluated for future development, expanding overall density potential and site design options. A residential or multifamily development would require a change of use and approval through the City of Durango's planning and entitlement process. Developers should consult with city planning staff to evaluate rezoning, density allowances, infrastructure requirements, and annexation or land use considerations as applicable. With utilities accessible and a location minutes from downtown amenities, this property offers the opportunity to execute a phased development plan that blends interim income with long-term entitlement and vertical upside in one of Southwest Colorado's most supply-constrained markets.
Location
State CO
County La Plata
Rooms
Dining Room Yes
Exterior
Utilities Available Electricity, Internet, Natural Gas, Phone, Phone - Cell Reception
Waterfront Description Creek
View Mountains, Stream/River
Building
Sewer Central
Water Public
Schools
Elementary Schools Park K-5
Middle Schools Escalante 6-8
High Schools Durango 9-12
Listed by The Wells Group of Durango, LLC
Nearby Locations
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