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Agricultural Land with Water Rights
For Sale
$170,000

15941 Highway 115, Penrose, CO 81240

Land, Penrose, CO

Property SizeContact for details
Lot Size8.14 Acres
Days on Market36

Property Features for 15941 Highway 115

General Information

Property type Land
Property subtype Other
Lot features Level, Mountain View, Vacant Land
Standard status Active
Lot size 8.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 17
Listing Agency: Keller Williams Performance Realty · Keller Williams Realty
Listed By: Chris M. Montoya · License #FA100010554
Added: Aug 18 Changed: Sep 18 Last Checked: Sep 22 at 2:06PM
MLS# 6421577

Copyright © 2026 Royal Gorge Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 8.14-acre agricultural land parcel at 15941 Highway 115 offers level, usable ground in Penrose, Colorado. The property includes ditch shares that provide irrigation rights, supporting agricultural use and landscape watering.

The site presents views across the surrounding countryside, with Pikes Peak visible in the distance. It is located in Fremont County near the small-town community of Penrose, with Canon City, Florence, and Pueblo identified as nearby regional destinations.

Key Highlights

  • 8.14‑acre agricultural land parcel
  • Ditch shares included with irrigation rights
  • Level, usable terrain

Property Analytics

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Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Building Supply HVAC Service Electrical Service Restaurant

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

63
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
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Level, usable acreage includes ditch shares associated with irrigation rights.
Where is this agricultural land / farmland located?
The property is located at 15941 Highway 115 Penrose, CO.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: 8.14‑acre agricultural land parcel; Ditch shares included with irrigation rights; Level, usable terrain
More about this property
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