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    11401 Us-24 Peyton, CO 80831

    For Sale
    Contact for pricing

    14.35 Acres, Prime Retail Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 14.35-acre commercial land parcel presents a remarkable investment opportunity in the rapidly expanding Peyton, Colorado market. Strategically located along Highway 24, this property boasts unparalleled visibility and accessibility, situated near established national retailers and businesses. The CS (Commercial Services) zoning allows for a wide range of development options, including a large-format retail store or a shopping center, catering to the area's burgeoning population. The Falcon/Peyton area is experiencing exponential growth, with numerous new residential and commercial projects underway. This site is ideally positioned to serve not only the immediate community but also the surrounding smaller towns east of Falcon. Highway 24, a major thoroughfare connecting Colorado Springs to the area, sees approximately 18,000 vehicles daily (2022 data). This high traffic count ensures significant exposure for any development. Don't miss this chance to capitalize on the remarkable growth potential of this prime commercial land. The property is located at 11401 US-24, Peyton, CO 80831, within El Paso County, and has an 80831 zip code.

    Property Features for 11401 Us-24

    General Information

    Property type
    Land
    Lot Size
    625,086 SF

    HighLights

    • 14.35‑acre commercial land parcel in Peyton, CO.
    • CS zoning allows for a variety of commercial uses, including big‑box retail and shopping centers.
    • High‑visibility location on Highway 24, near other national retailers.
    • Excellent opportunity in a rapidly growing area, serving Peyton, Falcon, and surrounding communities.
    • Highway 24 boasts approximately 18,000 vehicles per day (2022 data).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Peyton
    County
    El Paso
    State
    Colorado
    Longitude
    -104.616995
    Latitude
    38.9248199

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    FAQs

    What type of property is this?
    Land - 14.35 Acres, Prime Retail Location
    Where is this land located?
    The property is located at 11401 Us-24 Peyton, CO.
    What are key features of this property?
    This property features: 14.35-acre commercial land parcel in Peyton, CO.; CS zoning allows for a variety of commercial uses, including big-box retail and shopping centers.; High-visibility location on Highway 24, near other national retailers.
    (719) 534-7930
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    11401 Us-24 Peyton, CO 80831
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    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
    11401 Us-24 Peyton, CO 80831
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