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1 Southfork Gateway
Durango, CO 81301
Retail/Commercial, 5 Parcels +/- 11.849 Acres · Land For Sale · 11.83 AC

INVESTMENT HIGHLIGHTS

  • 90MM, HWY 550 / USHWY 160 Diversion Project
  • Population Growth
  • Proximity to Regional Medical Facility
  • High Barrier to Entry
  • Premier Commercial Development Area

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Apartment Units - Condo
  • Auto Dealership
  • Bank
  • Convenience Store
  • Fast Food
  • Medical
  • Storefront, Retail or Residential
Total Lot Size 11.83 AC
Zoning Retail/Commercial/PD

DESCRIPTION

The Wells Group of Durango is pleased to offer the opportunity to purchase up to five (5) commercial properties in Durango, Colorado. This portfolio consists of 5 vacant parcels, totaling +/- 11.849 acres, zoned PD/GC, offered as commercial retail or build to suit. Durango is one of the most well-known towns in Southwest Colorado and is a highly desirable place to live, work, and play. Durango offers one of the least expensive costs of living scenarios of any ski resort town in Colorado. This, coupled with proximity to tourist driven states such as: Texas, New Mexico, Arizona, and California allowing for nearly year-round tourism, has produced a high population growth of 1.46% annually since 2010, placing Durango 20th among 356 micropolitan areas. Located at the newly constructed intersection of US Highway 550 and US Highway 160 , this is the newest commercial development in the city limits having recently gone through annexation. Great visibility from both US160 and all frontage roads. 90MM, CDOT intersection to be completed Spring 2023, diverting all north and south bound US550 traffic to Southfork Gateway. OFFERINGS: *LOT 2RA PARCEL NUMBER: 566903401001 PRICING: $ 1,620,519.00 SIZE: 1.691 Acres *LOT 5-1A PARCEL NUMBER: 566903401007 PRICING: $ 1,684,726.00 SIZE: 1.758 Acres *LOT 5-1B PARCEL NUMBER: 566903401008 PRICING: $ 878,779.00 SIZE: .917 Acres *LOT 5-1C PARCEL NUMBER: 566903401009 PRICING: $ 2,110,220.00 SIZE: 2.202 Acres *LOT 5-1E PARCEL NUMBER: 566903401011 PRICING: $ 3,680,645.00 SIZE: 5.281 Acres

  • Listing ID: 27488716

  • Date on Market: 1/11/2023

  • Last Updated:

  • Address: 1 Southfork Gateway, Durango, CO 81301

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