10985 E US Highway 24, Peyton, CO 80831
10985 E US Highway 24, Peyton, CO 80831
10985 E US Highway 24, Peyton, CO 80831
10985 E US Highway 24, Peyton, CO 80831
10985 E US Highway 24, Peyton, CO 80831
10985 E US Highway 24, Peyton, CO 80831
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April Brandon

April Brandon

+1(970) 396-3685
$ 5,500,000
Est. payment | /mo

35 Acres Lot

Save
$ 5,500,000
Est. payment | /mo
Save

35 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Colorado Springs

MLS Listing ID IRE2883651

HOA Y/N No

Annual Tax Amount $930

Tax Year 2024

Lot Size 35.000 Acres

Acres 35.0

Property Sub-Type Mixed Use

Source ires

Property Description

This 35-acre parcel presents a rare and strategic opportunity for developers seeking to capitalize on the explosive growth between Colorado Springs and Falcon. Located just minutes from both markets, the property sits in the heart of one of El Paso County's fastest-developing corridors, where residential subdivisions, retail centers, and mixed-use projects are rapidly expanding to meet increasing demand. With two existing wells and water rights, this property offers a critical head start in a region where water access often defines the pace and scope of development. Potential for a variety of commercial uses-including retail centers, light industrial, mixed-use developments, or even a master-planned community with integrated commercial zones. The proximity to Powers Boulevard, Highway 24, and the ever-expanding Falcon Town Center makes this parcel especially attractive for developers looking to serve the growing population east of Colorado Springs. The area is already seeing substantial investment in infrastructure and services, creating a strong foundation for future growth. Given its size, access to water, and prime location, this property is perfectly positioned to meet the region's surging demand. This parcel offers the space, resources, and location to support a bold vision.

Location

State CO

County El Paso

Community Colorado Springs

Area Out Of Area

Zoning RR-5

Direction From Colorado Springs, take Highway 24 east just passed Garrett Road. Property will be on the south side of the road.

Exterior

Parking Features None

Fence Fenced

Utilities Available Electricity Available

View Y/N No

Garage No

Building

Lot Description Level, Sloping Lot, Meadow, Paved

Sewer Septic Tank

Water Well

New Construction false

Schools

High Schools Falcon District 49

School District Falcon District 49

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Horse Property Horse(s) Allowed

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)
Listed by Catherine Brown-Swain

Schools and Properties Nearby

Learn More About LPT Realty

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10985 E US Highway 24