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    18590 Hwy E, Unit 24 Peyton, CO 80831

    For Sale
    $2,250,000

    COMMERCIAL - Peyton, CO

    Lot size:
    5.17 Acres
    Days on Market:
    270
    Last Refresh:
    Dec 5 at 12:06 pm

    Property Features for 18590 Hwy E

    General Information

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

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

    Listing agent Joseph Heffner (719) 331-6240

    Listing date Mar 11, 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

    Mixed-Use Property with Highway Frontage

    This mixed-use property offers excellent frontage and visibility along Highway 24. The property, zoned A-35, benefits from grandfathered commercial and residential uses. It comprises three parcels (A, B, and C), presenting numerous options for development or redevelopment. Currently, the property accommodates an auto sales center, storage units, a grocery store/liquor store, a retail boutique, and a residence. The site includes two or three wells, with one permitted, and has electric and two septic systems. This property represents a significant opportunity for investment or future development.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Map

    City
    Peyton
    County
    El Paso
    State
    Colorado
    Longitude
    -104.504
    Latitude
    39.0051

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    FAQs

    What type of property is this?
    Mixed-use property - Rare mixed-use property with excellent highway frontage and visibility.
    Where is this mixed-use property located?
    The property is located at 18590 Hwy E, Unit 24 Peyton, CO.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: - Excellent Hwy 24 Frontage & Visibility; - Rare Mixed Use Property; - Grandfathered Commercial & Residential Uses
    (719) 331-6240
    Request Owner's contact information
    18590 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

    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
    18590 Hwy E, Unit 24 Peyton, CO 80831
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