Average square foot calculated using Size range provided by listing agent.
Description
Two separately deeded parcels consisting of 25 acres in the path of development at the edge of Durango City limits. No HOA & No Covenants. City of Durango will require annexation for this land that is zoned medium density residential and approved for up to 12 units per acre. With the average price of a home in Durango now running over $900K, there's plenty of profit margin here for a developer. Central water and sewer are located just to the south at the corner of High Llama Lane and Wilson Gulch Road. Annual taxes are $3, 095. 3 bedroom home built in 1981 rented for $1, 000 a month through May 1, 2025. Guest apartment currently rented at $700 a month through May 1, 2025. No value given to the improvements.Show Description
MLS® Number819208
Laundry Level
Central VacNo
FireplaceNo
Acreage25
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel
Extras
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