5 Highway 160
$280,000
141,570 / 3.25
Description
Location and Accessibility: Located near the gateway of Four Corners, Durango, and Telluride, offering strategic access to major tourist destinations. Within six miles of Mesa Verde National Park, the largest tourist attraction in the Four Corners region, attracting a high volume of visitors. Property Features: Frontage and Size: Offers 1000 feet of frontage along US Highway 160, providing excellent visibility and accessibility. Potential Uses: Versatile property suitable for various developments...Location and Accessibility: Located near the gateway of Four Corners, Durango, and Telluride, offering strategic access to major tourist destinations. Within six miles of Mesa Verde National Park, the largest tourist attraction in the Four Corners region, attracting a high volume of visitors. Property Features: Frontage and Size: Offers 1000 feet of frontage along US Highway 160, providing excellent visibility and accessibility. Potential Uses: Versatile property suitable for various developments including multi-family residences, mobile home/RV parks, hospitality services, retail businesses, and quick-service restaurants (QSR). Traffic Count: Current traffic count of 6,800 vehicles per day, ensuring exposure to a steady flow of potential customers and travelers. Investment Highlights: Tourism Appeal: Proximity to Mesa Verde National Park enhances attractiveness to tourists, supporting hospitality and retail ventures. Development Potential: Blank canvas for investors to develop according to market demand, whether residential, commercial, or hospitality-focused. Strategic Location: Positioned along a major highway route, ensuring easy accessibility and visibility for both locals and tourists. Market Demand: Assess the local market demand for residential housing, hospitality services, and retail amenities due to tourism influx and regional growth. Conclusion: This commercial property offers a prime opportunity for investors looking to capitalize on the growing tourism and development potential in the Four Corners region. With its strategic location, extensive frontage on US Highway 160, and proximity to Mesa Verde National Park, the property presents a unique opportunity for various types of commercial and residential development. This structured overview aims to highlight the key selling points and potential of the commercial opportunity near the gateway of Four Corners, Durango, Telluride, and Mesa Verde, catering to investors seeking to leverage the area’s tourism and growth prospects. Adjustments can be made based on specific property details and investor interests.
- Listed by Eric Roark • The Wells Group of Durango, LLC
Property Details for 5 Highway 160
Water Front
No
ZoningCommercial
ViewsMountains
Subdv NameNone
LISTING UPDATED: 10/22/2024 03:14 PM
Property Details for 5 Highway 160
Status | Active |
---|---|
MLS # | 812055 |
Days on Market | 228 |
Taxes | $1,160 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | LAND / Commercial |
Year Built | - |
Lot Size | 3.25 AC |
County | Montezuma County |
Building Information for 5 Highway 160
Lot Size3.25 AC
Property Information for 5 Highway 160
Property History for 5 Highway 160
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 5 Highway 160
This home is within Montezuma-Cortez Re-1 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Mesa Elementary School PublicK to 5 | ||
Cortez Middle School Public6 to 8 | ||
Montezuma-Cortez High School Public9 to 12 | ||
Manaugh Elementary School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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