10985 E US Highway 24 new to site Save Request In-Person Tour Request Virtual Tour
Peyton,CO 80831
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Colorado Springs
MLS Listing ID 2883651
Annual Tax Amount $930
Tax Year 2024
Lot Size 35.000 Acres
Property Sub-Type Improved Land
Property Description
This 40-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
Zoning RR-5
Exterior
Fence Full
Utilities Available Electricity Available,Phone Available
Building
Lot Description Level,Meadow,Sloped,Subdividable
Sewer Septic Tank
Water Well
Schools
School District District 49
Others
Acceptable Financing 1031 Exchange,Cash,Conventional,Other
Listing Terms 1031 Exchange,Cash,Conventional,Other
Special Listing Condition None