960 E College Drive
Durango, CO 81301

Description

Offered for sale is a fully entitled 18 residential unit subdivision in downtown Durango. It is one of the only remaining undeveloped parcels of land in downtown Durango, and will have 100% approved entitlements and construction documents for residential development in June 2019. Seller is conveying 100% complete civil engineering plans, grading plans, drainage plans, road designs, retaining wall design, water-sewer-stormwater design, landscape plans, architectural site and floor plans, unit construction documents, HOA docs, and all required approvals from the City of Durango. Priced affordably at $145,000/lot this parcel of land has great views and backs up to miles of trails and open space. The development is well located near the highly acclaimed shops and restaurants along Main Avenue in downtown Durango. Seller is willing to complete the development infrastructure for builder vertical construction at an increased asking price of $3,510,000 ($195,000/lot). This is one of the last great redevelopment opportunities in downtown Durango!

Details

MLS#755466
Sub-TypeResale
StatusActive
Days On Site143

Features

Acreage5.70
Water FrontYes
Property ViewYes

Market Activity 81301

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Area Information

StateCO
CountyLa Plata
CityDurango
Zip Code81301
AreaDurango In Town
Listing VS Median (in 81301)
Price:
$2,610,000
low | high
Med:
$428,000
100% of Average
On Site:
143
low | high
Med:
205
69.756097560976% of Average
Listing Updated: 08/21/2019
MLS Number: 755466
Listing Provided By:
Gregg Donaldson  of  Gregg Donaldson Independent Broker



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