10985 E Highway 24, Peyton, CO

$4,999,999

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35.00

Acres

About 10985 E Highway 24

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.

Features of 10985 E Highway 24

MLS® # 8842606
Price $4,999,999
Acres 35.00
Type Land
Status Active

Community Information

Address 10985 E Highway 24
Area Falcon
Subdivision Falcon
City Peyton
County El Paso
State CO
Zip Code 80831

Amenities

Utilities Electricity Available, See Prop Desc Remarks
Has Pool No

Interior

Fireplace No
Has Basement No

School Information

District District 49

Additional Information

Short Sale No
RE / Bank Owned No
HOA Fees Freq. Not Applicable
Financing Available Cash, Conventional, Other, See Show/Agent Remarks

Listing Details

OfficeColorado Lifestyle Properties
Contact Info719-649-4515

Listing Map

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