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$ 5,500,000
Est. payment /mo
Active
10985 E Highway 24 Peyton, CO 80831
35 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 8842606
HOA Y/N No
Annual Tax Amount $929
Tax Year 2024
Lot Size 35.000 Acres
Property Description
DEVELOPMENT POTENTIAL! 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. Access to a regional airport, as well as an international airport. This parcel offers the space, resources, and location to support a bold vision.
Location
State CO
County El Paso
Area Falcon
Exterior
Complex Features Addl Water Rights, Fence-Perimeter, Horses Allowed, Manu Homes Allowed, See Prop Desc Remarks
Building
Lot Description 360-degree View, Level, Meadow, Rural, Sloping, View of Pikes Peak, See Prop Desc Remarks
Water Well-Active
Schools
School District District 49
Others
Special Listing Condition Not Applicable
Virtual Tour https://www.propertypanorama.com/instaview/ppar/8842606
Listed by Colorado Lifestyle Properties