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    8507 Eastonville Rd Peyton, CO 80831

    For Sale
    Contact for pricing

    31.29 Acres, RR-5 Zoning, High Growth

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 31.29-acre commercial land parcel presents a unique investment opportunity in the rapidly expanding Peyton, Colorado area. Strategically located at the northeast corner of Eastonville Road and Judge Orr Road, this property boasts high visibility and easy access. The current zoning designation is RR-5, allowing for a variety of development options, including commercial, single-family residential, senior housing, or multi-family residential projects. The expansive lot size, totaling 1,362,992 square feet, offers significant potential for large-scale development. This prime location benefits from its proximity to key transportation routes and a thriving community experiencing substantial growth. The property's versatility and strategic positioning make it an ideal choice for developers seeking a high-impact investment in a dynamic market. Detailed zoning information and development guidelines are readily available upon request. This is a rare opportunity to acquire a substantial land parcel in a rapidly developing area with diverse development possibilities. Don't miss out on this exceptional investment prospect.

    Property Features for 8507 Eastonville Rd

    General Information

    Property type
    Land
    Lot Size
    1,362,992 SF

    HighLights

    • ±31.29‑acre commercial land parcel.
    • Northeast corner of Eastonville Road and Judge Orr Road intersection.
    • RR‑5 zoning allows for commercial, single‑family, senior housing, or multi‑family development.
    • High‑growth area.
    • 1,362,992 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel Gym & Fitness Auto Parts Store Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peyton
    County
    El Paso
    State
    Colorado
    Longitude
    -104.587196
    Latitude
    38.957048

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    FAQs

    What type of property is this?
    Land - 31.29 Acres, RR-5 Zoning, High Growth
    Where is this land located?
    The property is located at 8507 Eastonville Rd Peyton, CO.
    What are key features of this property?
    This property features: ±31.29-acre commercial land parcel.; Northeast corner of Eastonville Road and Judge Orr Road intersection.; RR-5 zoning allows for commercial, single-family, senior housing, or multi-family development.
    (719) 577-0044
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    8507 Eastonville Rd 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
    8507 Eastonville Rd Peyton, CO 80831
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