




$4,999,999
10985 E Highway 24, Peyton CO, 80831
Price per sqft$3.28
Lot size35 Acres
Property typeLand
Listed by Catherine Brown-swain RENE , Colorado Lifestyle Properties Listing Contact: 719-649-4515
Overview
Active
Listed Jun 15, 2025
Updated 3 weeks ago
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.
Additional information
- MLS® ID
- 8842606
Exterior Features
- Lot Size
- 35 Acres
Other Property Details
- Taxes
- $930
- Tax Frequency
- Annually
Listed by Catherine Brown-swain RENE , Colorado Lifestyle Properties
Listing Contact: 719-649-4515
The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS.
Data Last Updated: 8/20/2026
©2026 Pikes Peak REALTOR® Services Corp, All rights reserved.