For Sale Lot / Land MLS# 8842606

10985 E Highway 24

Peyton, CO 80831

$4,999,999

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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.

Property details

Property

Type
land
Lot
35.00 ac
List date
Jun 15, 2025

Schools

District
School District 49

Location

School district
School District 49

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Listed by Catherine Brown-swain RENE , Colorado Lifestyle Properties

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.