Matthew Menge - Coldwell Banker Distinctive Properties

Description

Located on the East side of Durango with easy Hwy. 3 access, this is an extremely rare and unique opportunity to purchase a permitted mining operation in the midst of future projects and development. There are ample short-term and long-term possibilities. Overlooking the Durango Mall and the Animas River with close proximity to town, the location is conveniently located for both the existing business income and future development opportunities. City water and sewer mainline currently runs to the property for convenience of future development. Owned by the current family-operated owners since 1985, this business is well established and has been a convenient source for road and highway construction material for major clients in the past. This is a unique opportunity for construction and excavation companies to provide local construction materials for various proposed and adopted projects. The excavation site is rare in that it is over 100 feet deep, making it a vast resource for clean gravel, top soil and fill dirt. The location of this property sits in the middle of a proposed La Plata County, large-scale Multi-Event Recreation project, which makes it a prime opportunity for future development potential. The site has approximately 10 million tons of raw material in reserve which could be utilized for proposed County development for many years.

Details

MLS#746834
Sub-TypeResale
StatusActive
Year1985
Days On Site62

Features

SQ Feet1,904
Story(s)1
Units1
ZoningCommercial/Residential

Market Activity 81301

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Area Information

StateCO
CityDurango
Zip Code81301
AreaDurango In Town
Listing VS Median (in 81301)
Price:
$16,000,000
low | high
Med:
$424,900
100% of Average
SqFt:
1,904
low | high
Med:
1,321
80.61974789916% of Average
$ / SqFt:
$8,403
low | high
Med:
$322
100% of Average
On Site:
62
low | high
Med:
10
100% of Average
Listing Updated: 08/19/2018
MLS Number: 746834
Listing Provided By:
Carolyn Owens  of  RE MAX Pinnacle



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