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    Old Meridian Rd Peyton, CO 80831

    For Sale
    $915,472

    1.31 Acres, RR-5 Zoning, Falcon, CO

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.31-acre commercial land parcel, identified by APN 5312100011, presents a unique investment opportunity in the thriving Falcon, Colorado area. Located on Old Meridian Rd, Peyton, CO 80831, this property boasts a generous 57,217 square feet of land zoned RR-5, offering significant development potential. The property's previous Planned Unit Development (PUD) status suggests a history of considered development plans, potentially streamlining future projects. Its strategic location provides easy access to major thoroughfares, including Woodmen Road, Meridian Road, and U.S. Highway 24, ensuring excellent visibility and convenient connectivity for any commercial venture. The asking price for this prime commercial land is $915,472. This property is situated in El Paso County and offers a compelling opportunity for businesses seeking a prominent location with established infrastructure and convenient access to key transportation routes. The latitude and longitude coordinates are 38.9328428, -104.6085524, respectively. A proposed commercial development is located nearby, further enhancing the area's growth potential. This is an ideal location for a variety of commercial uses, given its zoning and accessibility. Don't miss this chance to acquire a significant piece of commercial real estate in a rapidly developing area.

    Property Features for 0 Old Meridian Rd

    General Information

    Property type
    Land

    HighLights

    • 1.31‑acre commercial lot in Falcon, CO (APN 5312100011), zoned RR‑5, previously approved for a Planned Unit Development (PUD).
    • Excellent access to Woodmen Rd, Meridian Rd, and US Hwy 24.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Peyton
    County
    El Paso
    State
    Colorado
    Longitude
    -104.6085524
    Latitude
    38.9328428

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    FAQs

    What type of property is this?
    Land - 1.31 Acres, RR-5 Zoning, Falcon, CO
    Where is this land located?
    The property is located at Old Meridian Rd Peyton, CO.
    What is the asking price?
    The asking price for this property is $915,472.
    What are key features of this property?
    This property features: 1.31-acre commercial lot in Falcon, CO (APN 5312100011), zoned RR-5, previously approved for a Planned Unit Development (PUD).; Excellent access to Woodmen Rd, Meridian Rd, and US Hwy 24.;
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    Old Meridian 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
    Old Meridian Rd Peyton, CO 80831
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