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10985 E Us Highway 24

Peyton, CO 80831
  • $5,500,000
  • STATUS: Active
  • ON SITE: 244 Days
  • MLS #: 2883651
UPDATED: 66 min ago
$5,500,000
  • 0
    BEDS
  • 35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

School District:

Description

This 35-acre parcel presents a rare and strategic opportunity for developers seeking to capitalize on the explosive growth between Colorado Springs and Falcon. Located just minutes from both markets, the property sits in the heart of one of El Paso County's fastest-developing corridors, where residential subdivisions, retail centers, and mixed-use projects are rapidly expanding to meet increasing demand. With two existing wells and water rights, this property offers a critical head start in a region where water access often defines the pace and scope of development. Potential for a variety of commercial uses-including retail centers, light industrial, mixed-use developments, or even a master-planned community with integrated commercial zones. The proximity to Powers Boulevard, Highway 24, and the ever-expanding Falcon Town Center makes this parcel especially attractive for developers looking to serve the growing population east of Colorado Springs. The area is already seeing substantial investment in infrastructure and services, creating a strong foundation for future growth. Given its size, access to water, and prime location, this property is perfectly positioned to meet the region's surging demand. This parcel offers the space, resources, and location to support a bold vision.

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© 2026 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXP Realty. Data last updated: 2026-02-16T17:43:29.403.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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10985 E Us Highway 24 Peyton, CO 80831

  • Price: $5,500,000
  • Status: Active
  • On Site: 244 Days
  • Updated: 66 min ago
  • MLS #: 2883651
0
Beds
0
Baths
0
½ Baths
35
Acres
Neighborhood:
Colorado Springs
County:
El Paso
Area:
Out of Area
School District:
Falcon District 49
Property Description
This 35-acre parcel presents a rare and strategic opportunity for developers seeking to capitalize on the explosive growth between Colorado Springs and Falcon. Located just minutes from both markets, the property sits in the heart of one of El Paso County's fastest-developing corridors, where residential subdivisions, retail centers, and mixed-use projects are rapidly expanding to meet increasing demand. With two existing wells and water rights, this property offers a critical head start in a region where water access often defines the pace and scope of development. Potential for a variety of commercial uses-including retail centers, light industrial, mixed-use developments, or even a master-planned community with integrated commercial zones. The proximity to Powers Boulevard, Highway 24, and the ever-expanding Falcon Town Center makes this parcel especially attractive for developers looking to serve the growing population east of Colorado Springs. The area is already seeing substantial investment in infrastructure and services, creating a strong foundation for future growth. Given its size, access to water, and prime location, this property is perfectly positioned to meet the region's surging demand. This parcel offers the space, resources, and location to support a bold vision.
Exterior Features

Garage Type None Waterfront YN No

Interior Features

Baths Full Additional 0 Baths Full Basement 0 Baths Full Lower 0 Baths Full Main 0 Baths Full Upper 0 Baths Half Additional 0 Baths Half Basement 0 Baths Half Lower 0 Baths Half Main 0 Baths Half Upper 0 Baths Three Quarters Additional 0 Baths Three Quarters Basement 0 Baths Three Quarters Lower 0 Baths Three Quarters Main 0 Baths Three Quarters Upper 0

Property Features

Association YN No Crops None Development Status Approved Subdivided Exclusions n/a Fencing Fenced Has Metro Tax District No Has Water Rights No Horse Amenities Horse(s) Allowed Listing Terms CashConventional1031 Exchange Lot Features LevelSloping LotMeadowPaved New Construction Status Not NewPreviously Owned New Construction YN No Possible Use Multi-FamilyCommercialIndustrial Property Sub Type Mixed Use Sewer Septic Tank Sewer Supplier Septic Tank Special Listing Conditions Private Owner Tax Annual Amount 930 Tax Year 2024 Utilities Electricity Available Water Source Well Well Information Type: Operational Usage: Domestic Zoning RR-5

Listing information © 2026 Information and Real Estate Services
Listing provided courtesy of Catherine Brown-Swain of Colorado lifestyle Properties: 719-649-4515.



© 2026 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXP Realty. Data last updated: 2026-02-16T17:43:29.403.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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