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    10985 Hwy E, Unit 24 Peyton, CO 80831

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    For Sale
    $5,500,000

    35-acre parcel with development potential near Colorado Springs and Falcon.

    Property Features for 10985 Hwy E

    General Information

    Standard status
    Active

    Source: COLORADO LIFESTYLE PROPERTIES Agent CATHERINE BROWN-SWAIN RENE

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

    Overview

    Prime Development Land Opportunity

    This 35-acre parcel offers development potential, located between Colorado Springs and Falcon. The property is situated in one of El Paso County’s fastest-developing corridors, near residential subdivisions, retail centers, and mixed-use projects. The site has two existing wells and water rights. The property is suited for commercial uses, including retail centers, light industrial, mixed-use developments, or a master-planned community with integrated commercial zones. It is located near Powers Boulevard, Highway 24, and the Falcon Town Center. The area has infrastructure and services, creating a foundation for future growth.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Peyton
    County
    El Paso
    State
    Colorado
    Longitude
    -104.504
    Latitude
    39.0051

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    FAQs

    What type of property is this?
    Land - 35-acre parcel with development potential near Colorado Springs and Falcon.
    Where is this land located?
    The property is located at 10985 Hwy E, Unit 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: - Strategic location in a rapidly developing corridor between Colorado Springs and Falcon.; - Significant development potential for residential, retail, light industrial, or mixed-use projects.; - Includes two existing wells and water rights, a critical asset in the region.
    (719) 649-4515
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    10985 Hwy E, Unit 24 Peyton, CO 80831
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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
    10985 Hwy E, Unit 24 Peyton, CO 80831
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