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    12440 Rio Ln Peyton, CO 80831

    For Sale
    $1,750,000

    COMMERCIAL - Peyton, CO

    Lot size:
    4.00 Acres
    Days on Market:
    21
    Last Refresh:
    Dec 7 at 9:06 am

    Property Features for 12440 Rio Ln

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    4.00 Acres

    Building Details

    Year built
    1993

    The Platinum Group REALTORS (719) 536-4326 [email protected]

    Listing agent Joseph Heffner (719) 331-6240

    Listing date Nov 17, 2025

    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

    Commercial Land on Highway 24

    This commercial land offers frontage on Highway 24, situated a half block from the Woodmen/24 intersection. The property benefits from visibility and accessibility. A future 53-acre commercial shopping center is planned to adjoin this property. Electric service is available at the property line. Water and sewer taps are anticipated to be available within the upcoming year; currently, the property utilizes a residential/commercial well with septic. The lot size is 4 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peyton
    County
    El Paso
    State
    Colorado
    Longitude
    -104.597073
    Latitude
    38.9400069

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    FAQs

    What type of property is this?
    Commercial land - Highway frontage near future shopping center. Investment opportunity.
    Where is this commercial land located?
    The property is located at 12440 Rio Ln Peyton, CO.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Prime Commercial Real Estate with Hwy 24 Frontage; - Great Visibility & Accessibility; - Future 53-acre Commercial Shopping Center Adjoining Property
    (719) 331-6240
    Request Owner's contact information
    12440 Rio Ln 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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    12440 Rio Ln Peyton, CO 80831
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