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    958 L St Penrose, CO 81240

    For Sale
    $205,000

    LAND - Penrose, CO

    Lot size:
    5.00 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 8 at 2:06 am

    Property Features for 958 L St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    99922359
    Lot size
    5.00 Acres

    Utilities

    Utilities
    Natural Gas Available

    Performance Group of Colorado, LLC (719) 269-7355 [email protected]

    Listing agent Brandon S. Angel (719) 240-6471

    Listing date Nov 19, 2025

    MLS# 3948636 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

    Fenced 5-Acre Lot with Irrigation

    This 5-acre lot is fully fenced, suitable for livestock. It includes 5 shares of Beaver Park water irrigation. The property is located in an established Penrose neighborhood. A water tap is included, and there are 3 hydrants already on the property. At the back of the property is a welded pipe roping arena, horse paddocks, and a small storage shed. Large trees surround the property, and all aluminum irrigation pipe stays. This lot would be suitable for building a new home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Furniture Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Penrose
    County
    Fremont
    State
    Colorado
    Longitude
    -104.994801
    Latitude
    38.422643

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    FAQs

    What type of property is this?
    Horse & equestrian property - 5-acre lot with irrigation, ready for livestock or new home.
    Where is this horse & equestrian property located?
    The property is located at 958 L St Penrose, CO.
    What is the asking price?
    The asking price for this property is $205,000.
    What are key features of this property?
    This property features: - 5 Acres with 5 Shares of Beaver Park Water Irrigation: Ideal for livestock and gardening.; - Fully Fenced with Welded Pipe Roping Arena and Horse Paddocks: Ready for equestrian activities.; - Water Tap Included with 3 Hydrants on Property: Convenient water access.
    (719) 240-6471
    Request Owner's contact information
    958 L St 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.

    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
    958 L St Penrose, CO 81240
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