403 Airport Road Durango CO 81303

183 Acres - 403 Airplane Road, Durango, Colorado 81303

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Property Description

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.

Basic Details
Property Type : Rural Business
Listing Type : For Sale
Listing ID : 1130781
MLS#: : 788580
Price : $2,250,000
View : River
Year Built : 0
Acres : 183 Acres
Features
Development Potential
Irrigated
River
Address Map
Country : US
State : CO
County : La Plata County
City : Durango
Zipcode : 81303
Street Address : 403 Airplane Road
Terrain : Rolling
Zoning : Commercial
Longitude : W108° 14' 57.1''
Latitude : N37° 9' 43.5''
Rural Business For Sale
  • Listing ID : 1130781
  • Acres : 183 Acres
$2,250,000
View Agent’s Properties and Profile:
The Wells Group Real Estate Brokerage
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