Penrose, CO Commercial Real Estate for Sale

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20 Acres of Land in Penrose
Updated: Sep 25, 2025
20 Acres of Land in Penrose

11th St, Penrose, CO 81212

$250,000
20.00 AC lot
20‑acre property offering substantial space and potential.
Divided evenly on both sides of 11th Street, providing unique layout options.
Located in Colorado's high desert landscape, offering serene mountain views.
Suitable for building a dream home.
Potential for establishing a hobby farm.
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Split-Side Land Parcel
Updated: Aug 8, 2025
Split-Side Land Parcel

11th St., Penrose, CO 81240

$300,000
20.00 AC lot
20‑acre property split evenly on each side of 11th Street (10 acres per side)
Located in Colorado’s high desert landscape with mountain surroundings
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Highway 115 Visible Land
Highway 115 Visible Land

Highway 115, Penrose, CO 81240

$50,000
0.09 AC lot

Small lot with high visibility off Highway 115.

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Historic Restaurant and Event Venue
Historic Restaurant and Event Venue

708 Fremont Street, Penrose, CO 81240

$1,250,000
8,660 sqft 3.00 AC lot

Historic brick building with high ceilings, wood beams, billboard presence, and space suited for dining or events.

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Rural Development Acreage Parcel
Rural Development Acreage Parcel

132 County Road 132, Penrose, CO 81240

$179,900
1,743,271 sqft

A 36-acre parcel with direct county road access, power on-site, and access to nearby BLM land for rural use.

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Rural Land Parcel with Power
Rural Land Parcel with Power

TBD Lot 2 County Road 132, Penrose, CO 81240

$179,900
36.00 AC lot

Lot 2 offers direct access from County Road 132 and power on the property within a new 36+ acre development.

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Irrigated Farmland Parcel
Irrigated Farmland Parcel

1442 K Street, Penrose, CO 81240

$125,000
4.70 AC lot

Fully fenced, level irrigated farmland offered as part of a packaged sale with adjacent residential acreage.

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Fenced Renewable Energy Land Parcel
Fenced Renewable Energy Land Parcel

2 8th Street, Penrose, CO 81240

$245,000
28.00 AC lot

28 acres of fenced land with a continuously flowing hot mineral artesian well and deeded access easement.

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Live-Work Property with Fenced Yard
Live-Work Property with Fenced Yard

572 7th St, Penrose, CO 81240

Contact for pricing
5.49 AC lot

Live-work building on fenced grounds with recent interior and exterior updates and new roof.

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Rural Land Parcel with Direct Access
Rural Land Parcel with Direct Access

TBD Lot 1 County Road 132, Penrose, CO 81240

$179,900

Direct access off County Road 132 with power on-site and BLM access for recreation or livestock use.

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Highway 115 Commercial Property
Highway 115 Commercial Property

880 Marilyn Drive, Penrose, CO 81240

$320,000

Well-maintained commercial property with high visibility and accessibility.

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Fenced Ranch Land with Views
Fenced Ranch Land with Views

1374 C Street, Penrose, CO 81240

$55,500
10.00 AC lot

Nearly fully fenced 10-acre rural property with cross fencing, electric fencing, and a storage shed for livestock or building.

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Fenced Livestock and Shooting Land
Fenced Livestock and Shooting Land

380 13th Street, Penrose, CO 81240

$54,500
10.00 AC lot

Private 10-acre parcel with electric fencing, cross-fencing, and a set-up 100-meter shooting range.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 13 Active listings in Penrose, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 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.

Fenced Waterfront Recreation Land
Fenced Waterfront Recreation Land

997 County Road 119, Florence, CO 81226

$669,999
3.26 AC lot

Fenced riverside lot with 240 feet of Arkansas River access plus an insulated, heated 42x60 outbuilding.

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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 Development Land
Highway-Frontage Development Land

Shoop, Florence, CO 81226

$1,200,000
26.76 AC lot

Development-ready acreage with state-installed stoplight access and water infrastructure extended to the lot entrance across HWY 67.

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Commercial Land Hard-Corner Location
Commercial Land Hard-Corner Location

Canon City, CO 81212

Contact for pricing
1.97 AC lot

Hard-corner commercial land out parcel with full visibility from the nearest traffic light.

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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.

305 Broadway
RETAIL STORES (PERSONAL SERVICES)

305 Broadway, Penrose, CO 81240-9011

Value Estimation by Request
1,320 sqft 0.08 AC lot
View details
14343 State Hwy 115
SHOPPING CENTER, STRIP CENTER

14343 State Hwy 115, Penrose, CO 81240-8911

Value Estimation by Request
2,300 sqft 2.65 AC lot
View details
411 Broadway
RESTAURANT

411 Broadway, Penrose, CO 81240-9040

Value Estimation by Request
1,080 sqft 0.16 AC lot
View details
325 Shoop Dr
MANUFACTURING (LIGHT)

325 Shoop Dr, Penrose, CO 81240-9531

Value Estimation by Request
9,700 sqft 1.88 AC lot
View details
1463 M St
MEDICAL BUILDING

1463 M St, Penrose, CO 81240-9421

$510,000
Estimated value
1,530 sqft
View details
275 Shoop Dr
AUTO REPAIR, GARAGE

275 Shoop Dr, Penrose, CO 81240-9502

Value Estimation by Request
5,195 sqft 1.86 AC lot
View details
212 5th St
DISTRIBUTION WAREHOUSE

212 5th St, Penrose, CO 81240-9397

Value Estimation by Request
1,188 sqft 0.23 AC lot
View details
1450 L St
RETAIL STORES (PERSONAL SERVICES)

1450 L St, Penrose, CO 81240-9419

Value Estimation by Request
3,928 sqft 3.73 AC lot
View details
4312 County Rd 123
PROFESSIONAL CLUBS/ASSOCIATIONS

4312 County Rd 123, Penrose, CO 81240-9137

Value Estimation by Request
1,480 sqft 35.00 AC lot
View details
890 7th St
MEDICAL BUILDING

890 7th St, Penrose, CO 81240-9577

Value Estimation by Request
240 sqft 3.31 AC lot
View details
1215 9th St
RETAIL STORES (PERSONAL SERVICES)

1215 9th St, Penrose, CO 81240-9605

$680,000
Estimated value
1,500 sqft 2.57 AC lot
View details

Penrose, CO Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Penrose, CO, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 1,751,931 square feet of properties for sale, with an estimated market value of $3,189,700.

Sale prices for business properties in Penrose, CO start at $50,000, averaging $265,808, and reaching up to $1,250,000 — 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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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
Penrose $148.8K
Canon City $250K

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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