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$4,999,999
Active10985 E US Highway 24
Peyton, CO 80831
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.
Property Details
- Lot Features
- Level, Sloping Lot, Meadow, Paved
- Lot Description
- Level, Sloping Lot, Meadow, Paved
- Acres
- 35.0
- Lot Size (sqft)
- 1524600.0
- Property Type
- Purchase
- Sewer Information
- Septic Tank
- Utility Source
- Well
- Utility Features
- Electricity Available
- Subdivision
- Colorado Springs
- School District
- Falcon District 49
- County
- El Paso
- Region
- Peyton
- Zoning
- RR-5
- Original List Price
- $5,500,000
- Taxes Annual
- $930
- MLS #
- 2883651
- Property Subtype
- Mixed Use
- Fence
- 1
- MLS #
- 2883651
- Date Listed
- June 16, 2025
- Address
- 10985 E US Highway 24
Location
Legal
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. Information deemed reliable but not guaranteed by the MLS. The information being provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Last Updated: Oct 2, 2026 2:39 PM. Source: IRES
Listing Broker: Colorado lifestyle Properties; Catherine Brown-Swain

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