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    Penrose, CO
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    Penrose, CO Commercial Land for Sale

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    Car Wash and Laundromat Property
    Updated: Aug 16
    Car Wash and Laundromat Property

    406 Broadway, Penrose, CO 81240

    $195,000
    1,150 sqft 0.32 AC lot
    Four lots in Penrose’s Business District
    Existing 1,150‑square‑foot building constructed in 1945
    Dormant car wash with part‑time laundromat
    Rear studio apartment with backyard and air conditioning
    Two power, two natural gas, two sewer, and two water hookups
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    Commercial Land with Shop
    Updated: Aug 18
    Commercial Land with Shop

    1390 K Street, Penrose, CO 81240

    $199,000
    2.72 AC lot
    2.72‑acre commercial land parcel
    Substantial shop included for storage, hobbies, or business operations
    Located on the corner of Highway 50
    1 mile from Highway 115
    Electric service, paid water tap, and perk test included
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    Commercial Land with Existing Improvements
    Commercial Land with Existing Improvements

    406 Broadway, Penrose, CO 81240

    $195,000
    1,150 sqft

    Four parcels include a part-time laundromat, a dormant car wash, and a rear studio apartment.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Commercial Land with Shop
    Commercial Land with Shop

    1390 K Street, Penrose, CO 81240

    $199,000

    Includes a shop, electric, a paid water tap, and a perk test.

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    Highly Visible Commercial Land Parcel
    Highly Visible Commercial Land Parcel

    000 Highway 115, Penrose, CO 81240

    $50,000

    Small commercial land parcel offered for sale with visibility noted in public remarks.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Penrose, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Land with Existing Building
    Commercial Land with Existing Building

    3275 E US Hwy 50, Canon City, CO 81212

    $1,750,000
    2,880 sqft 1.45 AC lot

    General Commercial-zoned land with highway access, a signalized intersection, and an existing building with utility connections.

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    Highway-Frontage Commercial Land
    Highway-Frontage Commercial Land

    Shoop Drive, Florence, 81226

    $1,200,000
    26.76 AC lot

    Commercial land with signalized access and water infrastructure extending to the lot entrance.

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    Retail Out Parcel Land
    Retail Out Parcel Land

    135 Mackenzie Avenue, Canon City, CO 81212

    Contact for pricing

    Home Depot out parcel at the SWC of Highway 50 and Mackenzie Avenue.

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    Highway-Frontage Commercial Land
    Highway-Frontage Commercial Land

    Shoop, Florence, CO 81226

    $1,200,000
    26.76 AC lot

    Large commercial parcel with a traffic signal and municipal water infrastructure reaching the lot entrance.

    View details

    Off-Market Properties in Penrose, CO

    Consider similar Off-Market properties in Penrose, CO. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    14454 State Hwy 115
    VACANT COMMERCIAL LAND

    14454 State Hwy 115, Penrose, CO 81240

    Estimated value:
    $235,000
    4.23 AC lot
    View details
    1330 County Rd 132
    VACANT COMMERCIAL LAND

    1330 County Rd 132, Penrose, CO 81240-9124

    Estimated value:
    $105,000
    0.92 AC lot
    View details
    45 Werner Rd
    VACANT COMMERCIAL LAND

    45 Werner Rd, Penrose, CO 81240-9227

    Estimated value:
    $250,000
    1.94 AC lot
    View details
    Penrose, CO 81240
    VACANT COMMERCIAL LAND

    Penrose, CO 81240

    Estimated value:
    $240,000
    0.16 AC lot
    View details

    Penrose, CO Commercial Land Market Trends and Statistics

    Explore 9 commercial land for sale in Penrose, CO, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 133,572 square feet of properties for sale, with an estimated market value of $838,000.

    Sale prices for commercial lots in Penrose, CO start at $50,000, averaging $167,600, and reaching up to $199,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 9
    Agricultural land / Farmland 7
    Commercial land 5
    Recreation land 5
    Hunting land 2

    Demographics Overview

    Population 4,533
    Population Growth (5Y) +25.7%
    Median Household Income $79,514
    College Educated 40.6%

    High-Yield Neighborhoods for Investment

    Identify Penrose submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    81240 $162.3K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Fremont County

    New Delisted

    Total CRE Inventory on Market (SF)

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