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    1 Steppler Rd Colorado Springs, CO 80908

    For Sale
    $699,900

    Prime land opportunity in a fast-growing, sought-after area.

    Property Features for 1 Steppler Rd

    General Information

    Standard status
    Active

    Source: LIV SOTHEBY'S INTERNATIONAL REALTY Agent MICHAEL TURNER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    40 Acres in Black Forest

    This 40-acre property features rolling green meadows, views of a neighboring pond, and Pikes Peak views. Parcels of this size are uncommon. The property is zoned RR-5 and could be subdivided into eight 5-acre parcels with El Paso County approval, or potentially sixteen 2.5-acre parcels with county approval on a rezone and subdivision. Water rights in all four aquifers are available for adjudication and augmentation. Located in School District 38, the property is near Flying Horse North Golf Course and Kings Deer Golf Course, approximately 20 minutes from Colorado Springs and 45 minutes from Denver. It is located about 2 miles from Highway 83 and a short distance further to I-25, near the communities of Flying Horse North, High Forest Ranch, Settler Ranch, and Kings Deer. Low agricultural taxes help minimize holding costs. Wildlife includes antelope, deer, fox, and elk. There are no covenants or HOA. The property is zoned for horses, cattle, and outbuildings, and is located off a paved county-maintained road. This property is located in the Black Forest area.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Realty agency Clothing Store Hotel & Motel Gym & Fitness Women's Store Bed & Breakfast Tailor Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.733552
    Latitude
    39.078259

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    FAQs

    What type of property is this?
    Land - Prime land opportunity in a fast-growing, sought-after area.
    Where is this land located?
    The property is located at 1 Steppler Rd Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: - 40-acre parcel suitable for development or estate living with **Pikes Peak views**.; - Water rights available in all 4 aquifers.; - Potential for subdivision into multiple parcels (up to 16 with rezoning).
    Request Owner's contact information
    1 Steppler Rd Colorado Springs, CO 80908
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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
    1 Steppler Rd Colorado Springs, CO 80908
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