1163 Dominguez DrDurango, CO 81303

Property Details for 1163 Dominguez Dr

Year built

1973

Lot size

1.55 AC

Property size (Sq ft)

7,150 SF

Property type

Land

Property subtype

Commercial land

APN

5669-043-00-026

APU

566904300026

Description

This exceptional 1.55-acre Durango, CO property presents a rare redevelopment opportunity. Currently featuring a 7,150 sq ft, single-story, steel structure with a 14' perimeter ceiling height (rising to approximately 18' at the center), the existing building is gutted and offers potential for incorporation into a new development. Zoned for high-density residential, this site allows for 12-24 units per acre, presenting significant upside for multifamily development. The property boasts ample parking and two deeded access points, strategically located within a thriving mixed-use commercial area, surrounded by national retailers. The asking price is $1,250,000, translating to $174.83 per square foot. The property's APN is 566904300026, and it's situated at 1163 Dominguez Drive, Durango, CO 81303. Built in 1973, this Class D property offers a unique chance to capitalize on Durango's growth trajectory and high traffic area. The existing building, while currently vacant, provides a solid foundation for a creative developer. This is a prime location for a multifamily project in a high-demand area.

Location Insight

City

Durango

County

La Plata

State

Colorado

Latitude

37.2281

Longitude

-107.865

CBSA code

20420

CBSA name

DURANGO, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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