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0 E Hwy 24 - 0 E Hwy 24 Colorado Springs, CO 80831 65.88 Acres of Commercial Land Offered at $11,500,000 in Peyton, CO 80831

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INVESTMENT HIGHLIGHTS

  • High visibility from major roads
  • Land to be developed
  • Mountain Views
  • Expanding area

EXECUTIVE SUMMARY

Located at a major crossroads exiting Colorado Springs before entering Falcon, this expansive property offers endless possibilities for development or investment. With excellent highway visibility and accessibility, this land is perfectly positioned for various uses. Located at the crossroads of Meridian Rd and Hwy 24 and Falcon Hwy. Large Lot Size: 65.88 acres of prime land with fencing. Pikes Peak Views.
Multiple Uses: Suitable for various development options, including residential, retail, commercial, or mixed-use projects.
Development Opportunities:
Residential Development: Build single-family homes, townhomes, apartments, or condominiums
Commercial Development: Potential for retail, office, or industrial spaces
Mixed-Use Development: Combine residential and commercial spaces for a thriving community
Investment Highlights:
High Visibility: Excellent highway visibility for commercial or retail development
Flexibility: Opportunities for various development options
Don't miss this rare opportunity to own a large parcel of land in a prime location.
Water and sewer will need to be brought to the parcel.

PROPERTY FACTS

Price $11,500,000
Sale Type Investment or Owner User
Sale Condition 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Bank
  • Carwash
  • Convenience Store
  • Drugstore
  • Fast Food
  • Funeral Home
  • Garden Center
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Hospital
  • Hotel
  • Manufactured Homes or Mobile Home Park
  • Master Planned Community
  • Medical
  • Movie Theater
  • Outlet Center
  • Planned Unit Development
  • Public Park
  • Regional Mall
  • Religious Facility
  • Restaurant
  • Retail Warehouse
  • Schools
  • Self Storage
  • Single Family Development
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Center
  • Supermarket
  • Truck Stop
  • Warehouse
Total Lot Size 65.88 AC
Zoning R-E/CR SS - Commercial, retail, residential, multi-family residential, etc

1 LOT AVAILABLE

Lot

Price $11,500,000
Price Per AC $174,559.81
Lot Size 65.88 AC

Located at a major crossroads exiting Colorado Springs before entering Falcon, this expansive property offers endless possibilities for development or investment. With excellent highway visibility and accessibility. Land is to be developed.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
53124-00-017
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$780
  • Listing ID: 38916382

  • Date on Market: 12/29/2025

  • Last Updated:

  • Address: 0 E Hwy 24, Peyton, CO 80831

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