403 Airport Road

Durango, CO, 81303

$2,250,000

$2,250,000
Pending
Pending
 - For Sale
property_type
Land
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.
MLS® ID:
788580
Listed:
11/13/21
Updated:
2/3/23
Legacy Properties West Sotheby's International Realty
Kayden Hyson

Exterior/Building Features

Lot Size
183.0 acres lot
Lot Details
Level, Rolling Slope, Sloped

School Information

High School
Durango 9-12
Middle/Jr High
Escalante 6-8
Elementary School
Florida Mesa K-5

Other Property Details

Area Name
Durango Rural
Taxes
$10841.3
Tax Frequency
per YEAR
Garage
No
Parking
N
View
Y
County
La Plata
Utilities
Cellular Phone Reception, Electricity Available, Propane
Water Source
Other, Well
Pool
No

Property History

Date
Event
Price
Value
3/23/22
Pending
-
-

 

Courtesy of The Wells Group of Durango, Inc., Justin Osborn,
Listing Contact: 970-946-3935 


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Data last updated on: 2/3/23

Legacy Properties West Sotheby's International Realty
Kayden Hyson
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