Active
545 Turner Drive
Durango CO, 81303
$2,494,875
$1,759.43 per sqft
Active
6 Baths
1,418 sqft
Commercial
Built in 1983
Courtesy of Keller Williams Realty Southwest Associates, LLC with Listing Contact: 970-759-0440
Property Overview: Presenting a rare opportunity to acquire a premier commercial warehouse with integrated office space in Durango's centrally located Bodo Light Industrial Park. This expansive facility offers over 15,000 square feet of versatile space on a 1.137acre lot, catering to a wide range of industrial and commercial applications. It represents a unique chance to secure a significant commercial asset in one of Durango's most sought after industrial hubs. Its prime location, expansive space, and alignment with local economic trends make it an ideal choice for businesses seeking to establish or expand their presence in this thriving market. Key Features: Location: Situated in Bodo Light Industrial Park, this property benefits from excellent connectivity and proximity to major transportation routes, facilitating efficient logistics and operations. Space: The facility encompasses over 15,000 square feet, providing ample room for warehousing, manufacturing, or distribution needs, along with dedicated office areas to support administrative functions. Lot Size: The 1.137acre lot offers potential for future expansion or additional outdoor storage, enhancing the property's versatility. Durango Market Insights: Durango, the county seat of La Plata County, boasts a population of approximately 19,148 as of 2022, reflecting a 1.03% growth from the previous year. The city's strategic location and robust infrastructure have fostered a diverse and resilient economy. Economic Highlights: Median Household Income: Durango's median household income stands at $76,177, marking an 11.1% increase from the prior year, indicative of a prosperous local economy. Key Industries: The city's economy is bolstered by sectors such as health services, retail trade, accommodation and food services, and real estate. Notably, health services employ approximately 3,800 individuals, accounting for about 11% of total employment, with an average income of around $47,000 annually. Employment Growth: Durango has experienced a 2.76% increase in employment, with 11,007 individuals employed as of 2022, underscoring a dynamic and expanding job market. Investment Potential: The combination of Durango's economic vitality, strategic location, and the scarcity of comparable properties in the Bodo Light Industrial Park positions this warehouse as a compelling investment opportunity. Its substantial square footage and adaptable design make it suitable for a variety of industrial and commercial enterprises, aligning with the city's growth trajectory and diverse industry base.
819424
MLSⓇ ID
November 17, 2024
Listed
November 22, 2024
Updated
Map
545 Turner Drive
Durango CO, 81303
Interior Features
Total Stories
2
Total Bathrooms
6
Half Bathrooms
6
Floor Description
Concrete
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.13 Acres
Lot Features
Adjacent To Public Land
Roof
Membrane
Sewer
Connected, Public Sewer
Other Property Details
Area Name
Durango In Town
Taxes
$17,336
Tax Frequency
Annually
Days on Market
6
Garage
No
View
No
County
La Plata
Water Source
Public
Pool
No
Courtesy of Keller Williams Realty Southwest Associates, LLC with
Listing Contact: 970-759-0440
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Data last updated on: 11/22/2024