Development Opportunity | 1163 Dominguez Dr
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Development Opportunity 1163 Dominguez Dr
7,150 SF Retail Building Durango, CO 81303 £979,125 (£137/SF)
Investment Highlights
- Opportunity Zone
- Redevelopment Opportunity
Executive Summary
The perfect property for those looking to develop. Upon purchase, this property will need to be annexed into the city and will then be zoned for high density residential. In the event an owner user would like to do something other than high-density residential, the City has outlined a way to amend the Comprehensive Plan to allow for a Mixed-Use zoning. Inquire with lister for further information.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Health Club
Building Size
7,150 SF
Building Class
C
Year Built
1973
Price
£979,125
Price Per SF
£137
Tenancy
Single
Number of Floors
1
Building FAR
0.11
Lot Size
1.55 AC
Opportunity Zone
Yes
Zoning
High Density Residential - Current Use is Exercise / Dance / Fitness - Future Zoning Overlay is High-Density Residential
Parking
28 Spaces (3.92 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Bike Score ®
Very Bikeable (77)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | R020739 | Improvements Assessment | £67,238 |
Land Assessment | £159,958 | Total Assessment | £227,196 |
PROPERTY TAXES
Parcel Number
R020739
Land Assessment
£159,958
Improvements Assessment
£67,238
Total Assessment
£227,196
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Development Opportunity | 1163 Dominguez Dr
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