0 Us-24 Peyton, CO 80831
This exceptional 65.88-acre property, located at a major crossroads on US-24, presents a unique investment opportunity. Situated within the city limits of Colorado Springs, just before Falcon, CO, this raw land parcel offers unparalleled flexibility. The permitted zoning is R, allowing for either commercial or residential development, catering to a wide range of potential projects. The asking price is $13,000,000, translating to a land value of $5 per square foot. The property's strategic location provides excellent visibility and accessibility, making it ideal for a variety of uses. With its substantial size and versatile zoning, this land presents a compelling opportunity for developers seeking a prime location in a rapidly growing area. The APN is 5312400017. This is a truly exceptional opportunity to acquire a significant land holding in a desirable Colorado Springs location. The property's potential is vast, offering a blank canvas for creative development and significant long-term returns. Don't miss this chance to secure a piece of Colorado's thriving real estate market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.