21875 E Highway 24, Peyton, CO 80831
35 acres with buildings, suitable for ranch, commercial, or storage.
- Added:
- Dec 30, 2025
- Days on Market:
- 161
- Last Refresh:
- Apr 5 at 9:47 pm
Property Features for 21875 E Highway 24
General Information
- Standard status
- Active
- Size
- 7,200 SF
- Lot size
- 35.00 Acres
- Property subtype
- Land or Vacant Lot
Listing agent KAREN BENENATI License #40034486
Listing office Equity Colorado Real Estate (719) 428-5856
Listing date Dec 30, 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 Equity Colorado Real Estate
HighLights
- 35 usable acres with Highway 24 frontage, offering excellent accessibility and visibility.
- Two large metal buildings (60x60 insulated with bathroom, and 60x120) suitable for various uses.
- Zoned A‑35 (Agriculture) with potential for commercial, manufacturing, storage, or agricultural business use.
- 3‑Phase Electric and newer engineered septic system for up to 10 employees.
- Well permit allows for commercial use, two dwellings, domestic animals, and irrigation.
- No HOA or covenants, providing flexibility and freedom for property use.
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.4k | $11.58 |
| − Vacancy | −$3.7k | −$0.51 |
| EGI | $79.7k | $11.07 |
| − OpEx | −$12.0k | −$1.66 |
| NOI | $67.8k | $9.41 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Peyton
- County
- El Paso
- State
- Colorado
- Longitude
- -104.426
- Latitude
- 39.0244