Durango, CO
Commercial Real Estate Market Trends & Data

$607 Avg asking sale price
$25 Avg asking lease rate
2,944 SF Avg unit lease size
5,667 SF Avg building size for sale
6.46% Average cap rate

Durango's Demographic Profile

Durango has 7,994 households and a median income of $75,146, providing context for rent absorption and tenant demand across retail and multifamily assets. A +3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 18,991
# Households 7,994
Median age 37
Median household income $75,146
Avg household size 2.0
Renter-occupied housing units 3,972
5-year population change +3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Durango, CO

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Durango $534 3,154 SF 7.00%
Hesperus $295 8,651 SF 7.00%
Aztec $316 24,486 SF 8.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Durango $425 8,000 SF 5.00%
Cortez $131 6,449 SF 10.12%
Nearby Retail Markets Avg Cost/SF Typical Size
Durango $777 3,732 SF
Mancos $398 1,320 SF
Flora Vista $35 22,556 SF
Telluride $961 11,455 SF
Lake City $234 4,214 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Ouray $664 4,166 SF 6.60%
Montrose $224 8,700 SF 7.37%

Commercial Properties For Sale in Durango

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

2901 Main Ave

Durango, CO 81301

  • 4,200 SF Office Building
  • $2,950,000
For Sale

Quality Inn Durango

Durango, CO 81301

  • 17,691 SF Hospitality
  • 9.30% Cap Rate
  • $5,250,000
For Sale

Wapiti Lodge

Durango, CO 81301

  • 8,842 SF Hospitality
  • $1,795,000
For Sale

20800 Highway 160

Durango, CO 81303

  • 2,400 SF Retail Building
  • $2,500,000
For Sale

679 E 2nd Ave

Durango, CO 81301

  • 36,900 SF Office Building
  • $799,000
For Sale

450 Wilson Gulch Dr

Durango, CO 81301

  • 1.10 AC Lot
  • 1 Commercial Lot
  • $1,200,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Durango pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Durango $607 5,667 SF
Hesperus $295 8,651 SF
Ignacio $102 73,751 SF
Bayfield $209 10,107 SF
Mancos $398 1,320 SF

Regional Demographic Comparison

This comparison places Durango alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Durango or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Durango 18,991 7,994 37 $75,146 2 3,972 3%
Ignacio 536 214 35 $50,294 3 97 -11%
Mancos 1,323 581 48 $65,106 2 156 5%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Durango, CO and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Durango

View All Commercial Real Estate For Sale in Durango
Is Durango a good market for a first-time commercial real estate investor?

Durango offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Durango?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Durango. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Durango?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Durango. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Durango compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Durango. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Durango acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Durango, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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