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.
Listed By
Agency Name: Colorado Lifestyle Properties
Agency Phone: 719-649-4515
Shown By
Agent Name: Rodny Rodriguez
Agent Phone: (719) 649-1544
Agency Title: The Cutting Edge, Realtors
Estimated Payment
$ 28,773.14 per month $27,091.56 Principal & Interest $77.42 Property Tax $1,604.17 Homeowner's Insurance
10985 E Highway 24 | MLS# 8842606
This land located at 10985 E Highway 24, Peyton, CO 80831 is currently listed for sale with an asking price of $5,500,000. The property has approximately 35.00 Acres. Search Peyton real estate on www.rrodriguezrealestategroup.com today.