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    115 Hwy Penrose, CO 81240

    For Sale
    $599,000

    LAND - Penrose, CO

    Lot size:
    160.00 Acres
    Days on Market:
    87
    Last Refresh:
    Dec 6 at 10:06 pm

    Property Features for 115 Hwy

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    AF
    APN
    98304010
    Lot size
    160.00 Acres

    Keller Williams Performance Realty (719) 583-1100 [email protected]

    Listing agent Brandon Angel (719) 240-6471

    Listing date Sep 11, 2025

    Copyright © 2025 Pueblo 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

    160 Acres Private Paradise Land

    This is a 160-acre agricultural property located in Penrose, CO. The property is zoned for agricultural use (AF) and offers year-round water sources that are full of trout. It is bordered by public lands, including the Beaver Creek Wilderness area, the state of Colorado, and BLM land. The property offers several building sites suitable for off-the-grid living. It is conveniently located for commuting to Colorado Springs, Pueblo, or Canon City. The property has historical significance. Property taxes are affordable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural properties

    Map

    City
    Penrose
    County
    Fremont
    State
    Colorado
    Longitude
    -105.0425787
    Latitude
    38.41788187

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    FAQs

    What type of property is this?
    Agricultural property - 160 acres of private land with year-round water and borders.
    Where is this agricultural property located?
    The property is located at 115 Hwy Penrose, CO.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - 160 acres of private land featuring a year-round trout stream.; - Bordered by public lands including Beaver Creek Wilderness and BLM.; - Multiple building sites ideal for off-grid living.
    (719) 240-6471
    Request Owner's contact information
    115 Hwy Penrose, CO 81240
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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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    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
    115 Hwy Penrose, CO 81240
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