1 Mercado St, Durango, CO 81301 Property Records

La Plata County property record for 1 Mercado St, Durango, CO 81301

Property Summary

Property Type	Commercial
Details	20 ba · 151,412 sqft · built 2004
Lot Size	2.59 acres (113,125 sqft)
Owner	Company Name on Record
Last Sale	$16,976,114 (May 2024)
Tax Bill	$373,959 (2025)
Deeds & Mortgages	Aug 2025 Mortgage May 2024 Sale + 2 more
Flood Zone	Zone X (minimal risk)
APN	`5669-023-00-030`

Property Details

APN / Parcel Number

Primary APN	`5669-023-00-030`
Alternative APN	`R426557`

Interior

Full Baths	20 Baths
Stories	2 Stories
Building Area	151,412 sqft Gross Area

Exterior

Year Built	Built 2004
Effective Year Built	Effective 2004
Roof Material	Other
Lot Area	113,125 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C

Location & Zoning

Account Number	R426557
Street Address	1 MERCADO ST
City	DURANGO
State	CO
Zip	81301-7306
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	SUBDIVISION: THREE SPRINGS MINOR SUB LOT: 2 TRACT 2 1 MERCADO ST DURANGO 81301
Legal Subdivision	THREE SPRINGS MINOR SUB
Legal Tract	2
Legal Block	1
Legal Lot Number	2
Jurisdiction	LA PLATA CO
Township / Civil Division	DURANGO
Census Block Group	1
Census Block	1035
Census Tract	970703

Owner

Source: La Plata County records, as of July 20, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	89 BEAVER POND LN, TELLURIDE, CO 81435
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Aug 25, 2025	Deed of Trust, Mortgage · Non-Conforming Investor Loan BANK OF COLORADO
May 13, 2024	Warranty Deed, Transfer LAND TITLE GUARANTY COMPANY IN, LAND TITLE GUARANTEE CO
May 13, 2024	Special Warranty Deed, Transfer · Commercial Mortgage BANK OF COLORADO
Mar 30, 2017	Deed of Trust, Mortgage FIRST NATIONAL BANK OF DURANGO

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 13, 2024 · Amount on Record
Deed Sale	May 13, 2024 · Amount on Record
Prior Sale	Jan 10, 2007 · Amount on Record
Deed Document Number	20241232129
Record Updated	Oct 29, 2026

August 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	LA PLATA CO
Property Address	1 MERCADO ST, DURANGO, CO 81301-7306
Transaction Type	Mortgage
Record Updated	Feb 19, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0001245892
Date	Aug 25, 2025
Instrument	1245892

Lender

Name	BANK OF COLORADO
Type	Bank
Address	DURANGO, CO 81301

Agreement

Type	Non-Conforming Investor Loan
Amount	Amount Recorded
Term	132 Months
Due	Aug 12, 2036

Interest

Rate Type	Adjustable Rate

May 2024: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	LA PLATA CO
Recording Date	May 13, 2024
Property Address	1 MERCADO ST, DURANGO, CO 81301-7306
Document Number	0001232129
Map Reference	DOC 883523
Instrument Date	May 7, 2024
Instrument	1232129
Transaction Type	Transfer
Record Updated	Feb 19, 2026
Title Company	LAND TITLE GUARANTY COMPANY IN, LAND TITLE GUARANTEE CO

Transaction

Amount	Amount Recorded
Tax	$1,697.61
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	4500 DORR ST, TOLEDO, OH 43615-4040

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1381 AVENIDA DEL SOL, DURANGO, CO 81301-4974

May 2024: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	LA PLATA CO
Recording Date	May 13, 2024
Property Address	1 MERCADO ST, DURANGO, CO 81301-7306
Document Number	0001232167
Map Reference	DOC 883523
Instrument Date	Mar 27, 2024
Instrument	1232167
Transaction Type	Transfer
Record Updated	Feb 19, 2026
Title Company	LAND TITLE GUARANTY COMPANY IN, LAND TITLE GUARANTEE CO

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	89 BEAVER POND LN, TELLURIDE, CO 81435

Mortgage

Document Number	0001232168
Date	May 13, 2024
Instrument	1232168

Lender

Name	BANK OF COLORADO
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	120 Months
Due	May 10, 2034

Interest

Rate Type	Adjustable Rate

March 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	LA PLATA CO
Property Address	1 MERCADO ST, DURANGO, CO 81301-7306
Transaction Type	Mortgage
Record Updated	Oct 21, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0001126183
Date	Mar 30, 2017
Instrument	1126183

Lender

Name	FIRST NATIONAL BANK OF DURANGO
Type	Bank
Address	DURANGO, CO 81302

Agreement

Amount	Amount Recorded

Tax Assessment & Valuation

Source: La Plata County assessment roll, as of July 20, 2026

Property Jurisdictions

Type	Name
State	Colorado
County	La Plata County
Municipality	Durango City
Unified School District	Durango School District 9-R (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$7,175,610 (-7.41%) Land $676,600 Building $6,499,010	$28,702,450 (-) Land $2,706,410 Building $25,996,040
2025	$373,959.00 (+20.25%)	$7,749,660 (-2.34%) Land $730,730 Building $7,018,930	$28,702,450 (+0.92%) Land $2,706,410 Building $25,996,040
2023	$310,996.00 (-1.11%)	$7,935,210 (+0.04%) Land $656,540 Building $7,278,670	$28,441,620 (+3.99%) Land $2,353,180 Building $26,088,440
2022	$314,475.00	$7,931,690 Land $683,140 Building $7,248,550	$27,350,650 Land $2,355,660 Building $24,994,990

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective April 25, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 14 policies
Community Rating System	Class 9 (5% premium discount)
Nearby Flood Policies	14 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Moderate above 55% of the US · lower than 60% of Colorado
Wildfire Likelihood	0.1% annual chance
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 355 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Fiber · Cable in parts of the area	1,000 / 1,000
CenturyLink Fiber	1,000 / 1,000
Verizon Fixed Wireless	300 / 20
Visionary Broadband Fixed Wireless	100 / 20

May also be available: AT&T, FastTrack Communications.

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