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Fenced Agricultural Land
New
For Sale
$245,000

2 8th Street, Penrose 81240

Land, Penrose

Property SizeContact for details
Lot Size27.93 Acres
Days on Market6

Property Features for 2 8th Street

General Information

Property type Land
Property subtype Other
Lot features 360-degree View, Foothill, Level, Mountain View
Standard status Active
Lot size 27.93 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 161
Listing Agency: Brady Realty
Listed By: Randy L. Brady
Added: Aug 18 Changed: Aug 20 Last Checked: Aug 23 at 9:06PM
MLS# 6397946

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 27.93-acre agricultural property is enclosed by fencing and includes a continuously flowing, non-sulfur hot mineral artesian well producing water at 92 degrees. The well is supplied from 980 feet below the surface and carries an adjudicated water right for 75 gallons per minute, with an annual allocation of 121 AF per year. The stated purposes are medicinal and irrigation use.

Brush Creek crosses the southwestern portion of the property. Responsible grazing is permitted by the owner. The tract is visible from Highway 50, with the southern boundary adjoining the highway; that boundary does not currently provide access. A deeded 30 Ft easement leads to the northeast corner. The property is 12 miles east of Canon City and 1 mile west of the Highway 115 interchange.

Key Highlights

  • 27.93 acres of fenced agricultural land
  • Non‑sulfur 92 degree artesian well flowing continuously from 980 feet below the surface
  • Adjudicated water right for 75 gallons per minute

Property Analytics

Current Use

Alt. Energy / Solar ...

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Dental Office Big Box & Wholesale Store Pharmacy

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

11
Businesses Nearby
Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Fenced acreage with an adjudicated water right, artesian well, and Brush Creek along the southwestern portion.
Where is this agricultural land / farmland located?
The property is located at 2 8th Street Penrose.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: 27.93 acres of fenced agricultural land; Non‑sulfur 92 degree artesian well flowing continuously from 980 feet below the surface; Adjudicated water right for 75 gallons per minute
More about this property
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