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US Highway 50 47 Acres of Commercial Land Offered at $2,500,000 in Penrose, CO 81240

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INVESTMENT HIGHLIGHTS

  • High traffic counts on Highway 115 with US highway 50 visibility

EXECUTIVE SUMMARY

Complete Survey with topo of entire property. Drainage area ready. CDOT access for right in right out plus full access at NW corner. Preliminary drawings available to qualified buyers.

PROPERTY FACTS

Price $2,500,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Industrial Park
  • Lumberyard
  • Restaurant
  • Self Storage
  • Strip Center
  • Truck Terminal
Total Lot Size 47.00 AC
Cross Streets Highway 115
Zoning Business/commercial - Business/commercial

1 LOT AVAILABLE

Lot

Price $2,500,000
Price Per AC $53,191.49
Lot Size 47.00 AC

47+/- acres zoned Commercial/Business. Pre-platting has been done to develop into 4.5 acre tracts. Ready to take the next step with Fremont County. Selling all or 4.5 acre tracts. Penrose water available to each 4.5 acre lots or bigger.

DESCRIPTION

Land ready for development. Prime corner of US Highway 50 and State Highway 115. Preliminary work has been done. Ready to go to platting. Call for more info and preliminary plat.

  • Listing ID: 35617685

  • Date on Market: 4/24/2025

  • Last Updated:

  • Address: US Highway 50, Penrose, CO 81240

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