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35-Acre Parcel Near Colorado Springs
For Sale
$4,999,999

10985 E US Highway 24, Peyton, CO 80831

Development opportunity in a rapidly growing Colorado corridor.

Property SizeContact for details
Lot Size35.00 Acres
Days on Market420

Property Features for 10985 E US Highway 24

General Information

Standard status Active
Lot size 35.00 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $930

Amenities

Level
Meadow
Sloped
Subdividable
Listing Agency: Colorado lifestyle Properties
Listed By: CATHERINE BROWN-SWAIN · License #100006047
Source: Corcoran
Added: Jun 17, 2025 Changed: Aug 9 Last Checked: Aug 9 at 7:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colorado lifestyle Properties

Investment Insights

Based on property information with market context.

This 35-acre parcel is located between Colorado Springs and Falcon, positioning it within one of El Paso County’s fastest-developing corridors. The location is near Powers Boulevard, Highway 24, and the expanding Falcon Town Center. The property is suited for various commercial uses, including retail centers, light industrial facilities, and mixed-use developments. It could also accommodate a master-planned community with integrated commercial zones. The area is experiencing substantial investment in infrastructure and services. The property includes two existing wells and water rights. The location is intended to serve the growing population east of Colorado Springs.

Key Highlights

  • Prime location in a rapidly developing corridor between Colorado Springs and Falcon.
  • Significant size (35 acres) suitable for large‑scale development.
  • Existing wells and water rights provide a crucial advantage.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Real Estate Agency Bakery Restaurant Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 80831, CO

32,823
Population
11,148
Households
2.9
Avg Household Size
37
Median Age
41%
College-Educated
97%
High-School Grad
188.6 sq mi
ZIP Area
174
Density / Sq Mi
$128,900
Median Household Income
$61,421
Median Earnings
$2,388
Median Rent
$495,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Development opportunity in a rapidly growing Colorado corridor.
Where is this commercial land located?
The property is located at 10985 E US Highway 24 Peyton, CO.
What is the asking price?
The asking price for this property is $4,999,999.
What are key features of this property?
This property features: Prime location in a rapidly developing corridor between Colorado Springs and Falcon.; Significant size (35 acres) suitable for large‑scale development.; Existing wells and water rights provide a crucial advantage.
More about this property
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