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2107 Bayfield Pky
Bayfield, CO 81122
Retail/Commercial, 7 parcels, +/- 11.95 Acres · Land For Sale · 2.92 AC
Investment Highlights
- Maximum exposure to Hwy 160 & Bayfield Parkway - Great ingress & egress for retail use
- Strong Population Growth
- Signalized Intersection
- High Barriers to Entry
- 50% Residential Housing Unit Increase 2-5 Years
PROPERTY FACTS
Description
(7) parcels, +/- 11.95 Acres - (See below for details). Designated Enterprise Zone - Tax Credit -Eligible. The Wells Group of Durango is pleased to offer the opportunity to purchase up to seven (7) commercial properties in Bayfield, Colorado. This portfolio consists of 7 vacant parcels, totaling +/- 11.95 acres, zoned B, offered as commercial mixed use (or) build to suit. Bayfield, Co. is a neighboring community to Durango, one of the most well-known towns in Southwest Colorado and is a highly desirable place to live, work, and play. With recent housing shortages and cost of living increases, Bayfield has become the "Go to" bedroom community to Durango offering a significantly less entry level cost on single family housing units. This has aided in high population growth of 2% annually since 2010. Bayfield, Co. currently has over 650 housing units under review by the planning department with an anticipated build out of 2 – 5 years, which will result in a 50% increase in housing unit population. Located at the intersection of US Highway 160 and Bayfield Parkway, this is the newest commercial development in the city limits having recently gone through annexation. Great visibility from both US160 and Bayfield Parkway. New signalized intersection is currently under review with CDOT which will allow for traffic to safely enter onto Bayfield Parkway and will become the primary access point. OFFERINGS: *LOT 2 PARCEL NUMBER: 567712200007 PRICING: $ 392,040.00 SIZE: .75 Acres *LOT 3 PARCEL NUMBER: 567712200007 PRICING: $ 392,040.00 SIZE: .75 Acres *LOT 4 PARCEL NUMBER: 567712200007 PRICING: $ 1,170,892.00 SIZE: 2.24 Acres *LOT 5 PARCEL NUMBER: 567712200007 PRICING: $ 1,270,209.00 SIZE: 2.43 Acres *LOT 7 PARCEL NUMBER: 567712200007 PRICING: $ 256,132.00 SIZE: .49 Acres *LOT 8 PARCEL NUMBER: 567712200007 PRICING: $ 1,238,846.00 SIZE: 2.37 Acres *LOT 9 PARCEL NUMBER: 567712200007 PRICING: $ 1,526,342.00 SIZE: 2.92 Acres
Links
zoning
Zoning Code | B |
B |
Learn More About Investing in Land
Listing ID: 25204587
Date on Market: 3/8/2022
Last Updated:
Address: 2107 Bayfield Pky, Bayfield, CO 81122
The Land Property at 2107 Bayfield Pky, Bayfield, CO 81122 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.