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    Penrose, CO
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    Penrose, CO 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, 81240

    $199,000
    2.72 AC lot
    2.72 acres of commercial land
    Existing shop for storage, hobbies, or business operations
    Corner location at Highway 50 and K Street
    1 mile from Highway 115
    Access toward Colorado Springs, Pueblo, and Canon City
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    Agricultural Land With Water Rights
    Agricultural Land With Water Rights

    15941 Highway 115, Penrose, 81240

    $170,000
    8.14 AC lot

    Level farmland with ditch shares that support irrigation and agricultural use.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Divided High-Desert Land Parcel
    Divided High-Desert Land Parcel

    000 11th Street, Penrose, CO 81212

    $250,000
    20.00 AC lot

    A divided parcel offering flexible options for residential building or hobby farm uses in Colorado’s high desert.

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    Fenced Agricultural Land
    Fenced Agricultural Land

    2 8th Street, Penrose, 81240

    $245,000
    27.93 AC lot

    Fenced acreage with an adjudicated water right, artesian well, and Brush Creek along the southwestern portion.

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    Penrose Land with Mountain Views
    Penrose Land with Mountain Views

    TBD Lot 1 County Road 132, Penrose, CO 81240

    $179,900
    40.02 AC lot

    40+ acre parcel with power, mountain views, and BLM access.

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    Penrose Land with Mountain Views
    Penrose Land with Mountain Views

    1374 C St, Penrose, CO 81240

    $53,500
    10.00 AC lot

    10-acre rural property in Penrose, Colorado, with mountain views.

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    Fenced Agricultural Land with Mountain Views
    Fenced Agricultural Land with Mountain Views

    1284 Red Rock Circle, Penrose, CO 81240

    $179,900

    Rural acreage includes a domestic well, garden area, and underground power at the street.

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    Private 10-Acre Parcel in Penrose
    Private 10-Acre Parcel in Penrose

    380 13th St, Penrose, CO 81240

    $52,500
    10.00 AC lot

    10-acre parcel with mountain views, fenced for livestock grazing.

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    Land, Penrose
    Land, Penrose

    83 Top Rail Trail, Penrose, 81240

    $100,000
    2.78 AC lot

    Residential land & home lots · 2.78 Acres

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    Rural Residential Lot With Views
    Rural Residential Lot With Views

    83 Top Rail Trail, Penrose, CO 81240

    $100,000
    2.43 AC lot

    A 2.43-acre residential lot in Top Rail Ranch Estates with underground utilities and mountain views.

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    Land, Penrose, CO
    Land, Penrose, CO

    83 Top Rail Trail, Penrose, CO 81240

    $100,000
    2.78 AC lot

    Residential land & home lots · 2.78 Acres

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    Land, Penrose, CO
    Land, Penrose, CO

    County Road 67, Penrose, CO 81240

    $110,000
    35.00 AC lot

    Residential land & home lots · 35.00 Acres

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    Lots/Land
    Lots/Land

    15941 Highway 115, Penrose, CO 81240

    $170,000

    Agricultural land / Farmland

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    Land, Penrose, CO
    Land, Penrose, CO

    1284 Red Rock Circle, Penrose, CO 81240

    $179,900
    36.90 AC lot

    Residential land & home lots · 36.90 Acres

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    Land, Penrose
    Land, Penrose

    1374 C Street, Penrose, 81240

    $53,500
    10.00 AC lot

    Land · 10.00 Acres

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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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    Land, Penrose
    Land, Penrose

    380 13th Street, Penrose, 81240

    $52,500
    10.00 AC lot

    Land · 10.00 Acres

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    Vacant Land Near Highway 115
    Vacant Land Near Highway 115

    15900 State HWY 115, Penrose, CO 81240

    $100,000

    Vacant land with a water tap through Penrose Water District and water share, with a deteriorating mobile home and shed onsite.

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    Recreational Land Parcel
    Recreational Land Parcel

    Penrose, CO 81240

    $175,000
    40.00 AC lot

    40-acre parcel with open grassland, scattered pines, and a BLM berm-built stock pond for recreation.

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    Fenced Agricultural Land
    Fenced Agricultural Land

    1374 C St, Penrose, CO 81240

    $55,500

    Rural acreage includes cross-fencing, electric fencing, and a storage shed.

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    Land, Penrose
    Land, Penrose

    Iron Handle Road lot: 6.7, Penrose, 81240

    $400,000
    83.54 AC lot

    Land · 83.54 Acres

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    Fenced Agricultural Land
    Fenced Agricultural Land

    380 13th St, Penrose, CO 81240

    $54,500

    Cross-fenced acreage includes electric fencing and a prepared target-practice range.

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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 Potential Opportunities for your consideration. Besides 24 Active Listings in Penrose, CO, we suggest to view alternatives - similar 9 Off-Market properties to explore as potential leads.

    Penrose, CO Land Market Trends and Statistics

    Explore 33 land for sale in Penrose, CO, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 14,921,914 square feet of properties for sale, with an estimated market value of $3,424,700.

    Sale prices for lots in Penrose, CO start at $50,000, averaging $142,695, and reaching up to $400,000 — 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
    Agricultural land / Farmland 7
    Commercial land 4
    Recreation land 4
    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
    Penrose - 81240 $119K
    Canon City - 81212 $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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    Most Searched ZIP Codes in Penrose, CO

    • 81240
    • 81212

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