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Commercial Land with Shop
For Sale
$199,000

1390 K Street, Penrose, CO 81240

Includes a shop, electric, a paid water tap, and a perk test.

Property SizeContact for details
Days on Market476

Property Features for 1390 K Street

General Information

Standard status Active
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $2,570
Listing Agency: Properties Of Colorado Inc
Listed By: Sandy L. Smith · License #100075952
Source: Exitrealty
Added: May 17, 2025 Changed: Sep 2 Last Checked: Sep 4 at 11:25AM

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 Properties Of Colorado Inc

Investment Insights

Based on property information with market context.

This 2.72-acre commercial land parcel at 1390 K Street includes an existing shop that can support storage, hobbies, or business operations. The property also has electric, a paid water tap, and a perk test, supporting consideration for residential or commercial use.

The parcel is situated on Highway 50 and approximately 1 mile from Highway 115 in Penrose, Colorado. Its location provides access toward Colorado Springs, Pueblo, and Cañon City.

Key Highlights

  • 2.72‑acre commercial land parcel
  • Existing shop for storage, hobbies, or business operations
  • Located on Highway 50 in Penrose, Colorado

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Florist Gym & Fitness Center Car Rental Facility

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

6
Businesses Nearby

Demographics for 81240, CO

4,366
Population
1,857
Households
2.4
Avg Household Size
50
Median Age
29%
College-Educated
96%
High-School Grad
138.7 sq mi
ZIP Area
31
Density / Sq Mi
$79,514
Median Household Income
$51,364
Median Earnings
$1,364
Median Rent
$282,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Includes a shop, electric, a paid water tap, and a perk test.
Where is this commercial land located?
The property is located at 1390 K Street Penrose, CO.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 2.72‑acre commercial land parcel; Existing shop for storage, hobbies, or business operations; Located on Highway 50 in Penrose, Colorado
More about this property
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