Commercial

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 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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4 active listings match your search: Commercial Land for sale in Penrose, CO. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 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 Highway 50, Canon City, CO 81212

$1,600,000
2,880 sqft 1.45 AC lot

General Commercial zoning and direct US Highway 50 access support a range of commercial development concepts.

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

Shoop Drive, Florence, CO 81226

$1,200,000
26.76 AC lot

A state-installed traffic signal serves the highway, and Florence water infrastructure reaches the lot entrance.

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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
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.

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 8 commercial land for sale in Penrose, CO, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 132,422 square feet of properties for sale, with an estimated market value of $643,000.

Sale prices for commercial lots in Penrose, CO start at $50,000, averaging $160,750, 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 8
Commercial land 4
Agricultural land / Farmland 3
Hunting land 2
Recreation 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 $167.6K

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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