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    50 Hwy Penrose, CO 81240

    For Sale
    $375,000

    LAND - Penrose, CO

    Lot size:
    103.67 Acres
    Days on Market:
    120
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 50 Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    99504226
    Lot size
    103.67 Acres

    Utilities

    Utilities
    Electricity Available

    BHHS ROCKY MOUNTAIN FLORENCE (719) 372-1788

    Listing agent Wayne Jennings (719) 491-1117

    Listing date Aug 14, 2025

    MLS# 4941419 Listing URL

    Copyright © 2025 Royal Gorge 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

    Highway Frontage Acreage in Penrose

    This 103.67-acre land parcel features frontage on US Highway 50. The site is a former reclaimed gravel pit that has been fully restored. Access from Highway 50 has been updated with CDOT compliant exit and crossing lanes. Electric utilities are available at the boundary. The property is located near the Fremont County Airport and the town of Penrose, both less than 5 minutes away. Florence and Canon City are within 10 minutes, while Pueblo West and Pueblo are approximately 30 minutes away. A preliminary survey has been completed for three 35-acre parcels, offering the option to divide the acreage. There is an opportunity to purchase less than the listed acreage, such as 35 acres or 70 acres. The property currently does not have well or septic systems.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Penrose
    County
    Fremont
    State
    Colorado
    Longitude
    -105.090877
    Latitude
    38.437049

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    FAQs

    What type of property is this?
    Land - Prime highway frontage land near Penrose and Canon City.
    Where is this land located?
    The property is located at 50 Hwy Penrose, CO.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Prime US HWY 50 frontage with updated CDOT compliant access.; - Fully restored to natural beauty after reclamation.; - Potential for division into (3) 35-acre parcels (preliminary survey available).
    (719) 491-1117
    Request Owner's contact information
    50 Hwy Penrose, CO 81240
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    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.

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    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
    50 Hwy Penrose, CO 81240
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