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    10985 Hwy E, Unit 24 Peyton, CO 80831

    For Sale
    $5,500,000

    LAND - Peyton, CO

    Lot size:
    40.00 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 10985 Hwy E

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    40.00 Acres

    Building Details

    Additional Structures
    Mobile Home

    Colorado Lifestyle Properties (719) 649-4515 [email protected]

    Listing agent Catherine Brown-swain RENE (719) 649-4515

    Listing date Nov 25, 2025

    MLS# 8842606 Listing URL

    Copyright © 2025 Pikes Peak Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Peyton CO Land Opportunity

    This 35-acre parcel offers development potential, capitalizing on growth between Colorado Springs and Falcon. Located minutes from both markets, the property is situated in one of El Paso County's fastest-developing corridors, where residential subdivisions, retail centers, and mixed-use projects are expanding. The property includes two existing wells and water rights. It is suited for a variety of commercial uses, including retail centers, light industrial, mixed-use developments, or a master-planned community with integrated commercial zones. The location near Powers Boulevard, Highway 24, and Falcon Town Center makes this parcel attractive for serving the growing population east of Colorado Springs. The area is experiencing investment in infrastructure and services, creating a foundation for future growth. Given its size, access to water, and location, this property is positioned to meet the region's demand.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Peyton
    County
    El Paso
    State
    Colorado
    Longitude
    -104.621117
    Latitude
    38.918717

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    FAQs

    What type of property is this?
    Land - 35-acre parcel with development potential near Colorado Springs and Falcon.
    Where is this land located?
    The property is located at 10985 Hwy E, Unit 24 Peyton, CO.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: - Prime location in a rapidly developing corridor between Colorado Springs and Falcon.; - Significant development potential for residential, retail, light industrial, or mixed-use projects.; - Includes two existing wells and water rights, a critical asset in the region.
    (719) 649-4515
    Request Owner's contact information
    10985 Hwy E, Unit 24 Peyton, CO 80831
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    Peyton, CO 80831
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10985 Hwy E, Unit 24 Peyton, CO 80831
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