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35-Acre Parcel Near Colorado Springs

10985 E US Highway 24, Peyton, CO 80831

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For Sale

$5,500,000

Development opportunity near Colorado Springs and Falcon with water rights.

Type:Land or Vacant Lot

Lot size:

35.00 Acres

HighLights

Prime location in a rapidly developing corridor between Colorado Springs and Falcon
Includes two existing wells and water rights, a critical asset for development
Significant development potential for residential, retail, light industrial, or mixed‑use projects
Close proximity to Powers Boulevard, Highway 24, and Falcon Town Center
35‑acre parcel offering substantial space for large‑scale development
Area experiencing significant infrastructure investment and population growth

We can help!

Listing Contact

CATHERINE BROWN-SWAIN

For Sale

$5,500,000

Development opportunity near Colorado Springs and Falcon with water rights.

Type:Land or Vacant Lot

Lot size:

35.00 Acres

Added:: Dec 29, 2025
Days on Market:: 176
Last Refresh:: Apr 5 at 9:28 pm

Property Features for 10985 E US Highway 24

General Information

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

We can help!

Listing Contact

CATHERINE BROWN-SWAIN

Listing agent CATHERINE BROWN-SWAIN License #100006047

Listing office COLORADO LIFESTYLE PROPERTIES

Listing date Dec 29, 2025

Source Corcoran

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

HighLights

Prime location in a rapidly developing corridor between Colorado Springs and Falcon
Includes two existing wells and water rights, a critical asset for development
Significant development potential for residential, retail, light industrial, or mixed‑use projects
Close proximity to Powers Boulevard, Highway 24, and Falcon Town Center
35‑acre parcel offering substantial space for large‑scale development
Area experiencing significant infrastructure investment and population growth

Overview

This 35-acre parcel offers a strategic opportunity for developers looking to capitalize on growth between Colorado Springs and Falcon. The property is located minutes from both markets, in one of El Paso County's fastest-developing corridors. Residential subdivisions, retail centers, and mixed-use projects are expanding to meet increasing demand. The property includes two existing wells and water rights. It has potential for various commercial uses, including retail centers, light industrial, mixed-use developments, or a master-planned community with integrated commercial zones. Its proximity to Powers Boulevard, Highway 24, and the expanding Falcon Town Center makes it attractive for developers serving the growing population east of Colorado Springs. The area is experiencing investment in infrastructure and services, creating a foundation for future growth. The property is positioned to meet the region's surging demand.

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

Map
Local Demand

City: Peyton
County: El Paso
State: Colorado
Longitude: -104.621
Latitude: 38.9187

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For sale
Commercial land
CO
Peyton
80831
10985 E US Highway 24

What type of property is this?

Commercial land - Development opportunity near Colorado Springs and Falcon with water rights.

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 $5,500,000.

What are key features of this property?

This property features: Prime location in a rapidly developing corridor between Colorado Springs and Falcon; Includes **two existing wells and water rights**, a critical asset for development; Significant development potential for residential, retail, light industrial, or mixed‑use projects