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State Hi-Way 115 Penrose CO - Highway 115 134.5 Acres of Industrial Land Offered at $895,000 in Penrose, CO 81240
Investment Highlights
- High Traffic, Mountain Views, Close to River
Executive Summary
• 143 Acre-Feet of Adjudicated Water Rights – a scarce, high-value asset with long-term appreciation potential
• Geothermal Water Source:
o Free-flowing at approximately 80°F
o 60 GPM, ideal for livestock, greenhouses, aquaculture, or season-extension agricultural uses
• Deeded Easement across neighboring property providing legal, reliable access
• Strategic location near Highway 50, offering efficient transportation for agricultural operations
The geothermal water resource provides year-round usability, significantly reducing energy costs and expanding agricultural production options. With water scarcity driving land values, this property represents a strong hedge against inflation and an opportunity to secure hard assets with income-producing potential.
Ideal for row crops, specialty agriculture, greenhouse operations, livestock, or long-term land banking.
Properties with this level of water security and geothermal capability are increasingly rare in Colorado.
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Property Facts
| Price | $895,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Industrial |
| Sale Condition | Build to Suit | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 134.50 AC |
| Zoning | Unincorporated - See Sa• | ||
| Price | $895,000 |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 134.50 AC |
| Zoning | Unincorporated - See Sa• |
1 Lot Available
Lot
| Price | $895,000 | Lot Size | 134.50 AC |
| Price Per AC | $6,654.28 |
| Price | $895,000 |
| Price Per AC | $6,654.28 |
| Lot Size | 134.50 AC |
Rare 134-Acre Property with Adjudicated Water Rights & Geothermal Resource – Fremont County, CO Discover an exceptional opportunity to own 134 deeded acres ideally located ½ mile south of Highway 50 on County Road 115, perfectly situated halfway bet
Description
PIKES PEAK TO THE NORTH, WET-MOUNTAIN RANGE TO THE SOUTH, BEAUTIFUL ROCK WALLS TO THE SOUTHWEST. And TO THE SOUTHEAST BLUFF/CLIFF WALLS. Close to Snow Skiing 1.5 hours to Monarch* Hiking, Fishing, Bike Riding Along the beautiful Arkansas River 20 min away* PUEBLO RESERVOIR, 30 min for fishing, boating water skiing. Plenty of dining, shopping eating in Canon, Florence, Penrose, Pueblo all less than 40 min drive. 35-40 minutes to Colorado Springs, less than 2 hours to the Denver Airport or Denver. Subject property; lends itself to many kinds of opportunities. With the HWY Frontage to the West and just one quarter of a mile to the South from major HWY 50 from Pueblo to Canon City, 30 minutes from Colorado Springs, Less than 2 hours to Denver, EXCELLENT BUILDING TOPOGRAPHY With 143 Acre Feet of NON-TRIBUTARY WATER RIGHTS (dating back to 1931), 60 GPM from a free flowing Artesian Well, which includes the following uses: 1. DOMESTIC Use( lawn watering,stock watering,,recreation use.
Presented by
State Hi-Way 115 Penrose CO - Highway 115
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