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Peyton, CO 80831 10985 E US Highway 24

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Presented By: ;
  • MLS# 2883651
  • 06/16/2025
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    Home Details

    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.
    Presented By: ;

    Interior Features for 10985 E US Highway 24

    Other Interior Features

    Air Conditioning Y/NNo
    Fireplace Y/NNo
    Heating Y/NNo

    General for 10985 E US Highway 24

    AttributionContact719-649-4515
    CityPeyton
    CountyEl Paso
    Development StatusApproved Subdivided
    DirectionsFrom Colorado Springs, take Highway 24 east just passed Garrett Road. Property will be on the south side of the road.
    Exclusionsn/a
    Expected Active Date 2025-06-16
    HOANo
    High School DistrictFalcon District 49
    MLS AreaOut of Area
    New ConstructionNo
    Possible UseMulti-Family, Commercial, Industrial
    Property SubtypeMixed Use
    Property TypeLand
    SewerSeptic Tank
    Standard StatusActive
    StatusActive
    Subdivision NameColorado Springs
    Tax Annual Amount930
    Tax Year2024
    UtilitiesElectricity Available
    ZoningRR-5

    Exterior for 10985 E US Highway 24

    FencingFenced
    Horse Amenities Horse(s) Allowed
    Lot FeaturesLevel, Sloping Lot, Meadow, Paved
    Lot Size Acres35
    Lot Size Area1524600
    Parking FeaturesNone
    Water SourceWell
    Waterfront Y/NNo

    Additional Details

    Price History

    Nathan Washam

    Broker/Owner
    Price $5,500,000
    MLS#2883651
    List Date 06/16/2025
    Property Type Land
    Phone 970.988.8295
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