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20800 Highway 160 2,400 SF 100% Leased Retail Building Durango, CO 81303 $2,500,000 ($1,041.67/SF)

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Investment Highlights

Rare large-scale infill opportunity within city limits
Main thoroughfare into Durango

Rural/Agricultural and Commercial General zoning

Executive Summary

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.

Financial Summary (Actual - 2025)	Annual	Annual Per SF
Taxes	$22,284	$9.29
Operating Expenses	-	-
Total Expenses	$22,284	$9.29

Financial Summary (Actual - 2025)

Taxes
Annual	$22,284
Annual Per SF	$9.29

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$22,284
Annual Per SF	$9.29

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Storefront

Building Size

2,400 SF

Building Class

Year Built

1988

Price

$2,500,000

Price Per SF

$1,041.67

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Lot Size

46.10 AC

Opportunity Zone

Yes

Zoning

2 Types see Description - Rural/Agricultural and Commercial General zoning

Major Tenants

Mining, Quarrying, and Oil and Gas Extraction
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XTO Energy, Inc., and its subsidiaries, engages in the acquisition, development, exploitation, and exploration of producing oil and gas properties in the United States. The company also produces, processes, markets, and transports oil and natural gas. Its proved reserves are principally located in the Eastern Region, including the East Texas Basin and northwestern Louisiana; Barnett Shale of North Texas; San Juan and Raton Basins of New Mexico and Colorado; Permian and South Texas Region; Mid-Continent and Rocky Mountain Region in Wyoming, Kansas, Oklahoma, and Arkansas; and Middle Ground Shoal Field of Alaska’s Cook Inlet. As of December 31, 2005, the company had estimated proved reserves of 6.09 trillion cubic feet of natural gas, 47.4 million barrels of natural gas liquids, and 208.7 million barrels of oil.

Accommodation and Food Services
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Hunt Brothers Pizza is a privately held quick-service pizza brand that specializes in providing ready-to-bake and prepared pizzas to convenience stores and foodservice operators across the United States. Founded in 1991 by four brothers, the company has grown into a widely recognized name in the convenience retail segment, offering a menu that includes customizable pizzas, wings, and related products. Hunt Brothers Pizza operates through a network of independent store partners rather than traditional standalone restaurants, focusing on delivering consistent quality and ease of preparation for retailers. The company emphasizes a value-driven approach with its “All Toppings No Extra Charge” policy, which has become a hallmark of its brand identity. Headquartered in Nashville, Tennessee, Hunt Brothers Pizza continues to expand its footprint nationwide, leveraging strategic partnerships with convenience stores, travel centers, and sports venues to reach a broad customer base.