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403 Airport RoadDurango, CO 81303Price: $2,250,000

  • Price: $2,250,000
  • Est. Mortgage of $/month
  • 25 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 3.11% last updated on Dec 2, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,250,000List Price
  • 183Acreage
Listed by Justin Osborn of The Wells Group of Durango,Inc.

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Income producing 183 +/- acres with senior water rights and over 1/2 mile of Florida River frontage. No HOA, No Covenants, No Conservation Easement. Industrial zoning in the Florida Mesa District Land Use Plan. Located on Airport Road with excellent paved year round access and a county approved turn lane already installed. Gravel pit lease brings in $75,000 a year and the income from the tenant in the home is $15,000 a year (way under-rented in today's rental market). Land Bankers, where else can you find land in SW Colorado generating $90,000 a year? This is a prime development property adjacent to one of the fastest growing airports in the West. Historic water rights include irrigation rights, surface rights, groundwater rights, storage rights, and a plan for augmentation.

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 The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
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Real Estate listings held by companies other than Grace Golden Country Homes LLC contain that company's name.
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The data on this site was last updated December 8, 2021

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