About 10985 E Us Highway 24
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. This parcel offers the space, resources, and location to support a bold vision.
Features of 10985 E Us Highway 24
| MLS® # | 2883651 |
|---|---|
| Price | $5,500,000 |
| Bathrooms | 0.00 |
| Acres | 35.00 |
| Type | Land |
| Sub-Type | Improved Land |
| Status | Active |
Community Information
| Address | 10985 E Us Highway 24 |
|---|---|
| Subdivision | Colorado Springs |
| City | Peyton |
| County | El Paso |
| State | CO |
| Zip Code | 80831 |
Amenities
| Utilities | Electricity Available, Phone Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Level, Meadow, Sloped, Subdividable |
|---|
School Information
| District | District 49 |
|---|
Additional Information
| Date Listed | June 17th, 2025 |
|---|---|
| Zoning | RR-5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Colorado lifestyle Properties |
|---|
