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    Penrose, CO
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    Penrose, CO Land for Sale

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    28 properties
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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
    View details
    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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    Agricultural Land with Water Rights
    Agricultural Land with Water Rights

    15941 Highway 115, Penrose, CO 81240

    $170,000
    8.14 AC lot

    Level, usable acreage includes ditch shares associated with irrigation rights.

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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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    Water-Rich Land Parcel
    Water-Rich Land Parcel

    2 8th Street, Penrose, CO 81240

    $245,000
    27.93 AC lot

    Fenced land with a continuously flowing artesian well and adjudicated water rights.

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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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    Land, Penrose, CO
    Land, Penrose, CO

    Highway 115, Penrose, CO 81240

    $799,000
    162.76 AC lot

    Waterfront Land · 162.76 Acres

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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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    Recreation Land with On-Site Power
    Recreation Land with On-Site Power

    TBD Lot 1 County Road 132, Penrose, CO 81240

    $179,900

    A rural parcel with direct County Road 132 access, existing power, and open grassland terrain.

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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

    1284 Red Rocks Cir, Penrose, CO 81240

    $179,900
    37.20 AC lot

    Land · 37.20 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

    View details
    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

    View details
    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, CO
    Land, Penrose, CO

    1442 K St, Penrose, CO 81240

    $90,000
    4.72 AC lot

    Land · 4.72 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, CO
    Land, Penrose, CO

    1374 C Street, Penrose, CO 81240

    $53,500
    10.00 AC lot

    Land · 10.00 Acres

    View details
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    Penrose, CO Land Market Trends and Statistics

    Explore 37 land for sale in Penrose, CO, showcased through 28 active listings on our real estate platform. These investment opportunities span a total of 22,967,724 square feet of properties for sale, with an estimated market value of $4,618,500.

    Sale prices for lots in Penrose, CO start at $50,000, averaging $164,946, and reaching up to $799,000 — 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

    Agricultural land / Farmland 8
    Residential land & home lots 8
    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 $146.3K

    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)

    How Realmo verifies these figures

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