Address
11625 Owl Place, Peyton, CO
Price
$ 1,500,000
Property Attributes
  • MLS#3669941
  • TypeLand
  • CountyEL PASO
  • CityPeyton
  • AreaFalcon
  • NeighborhoodFalcon
  • Zip80831
  • Style
  • Taxes$ 1065
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4.61 Acres
Data Source:
Pikes Peak MLS (PPMLS)
Property Description

**Prime Commercial Development Opportunity - 5 Acres** Discover the potential of this exceptional 5-acre parcel of land, offering the opportunity for commercial rezoning. Situated adjacent to a burgeoning retail development and poised to benefit from a forthcoming frontage road, this property presents an ideal setting for a lucrative retail or commercial endeavor. **Key Features:** - Strategic Location:Adjacent to a new retail development, ensuring high visibility and foot traffic. - Development Potential: With the possibility of rezoning for commercial use, this property offers a wide array of development opportunities. - Infrastructure Advantages:Benefit from the convenience of a new frontage road currently under construction, enhancing accessibility and connectivity. - Surrounded by Commercial Properties: Join a thriving commercial hub with four adjacent properties already rezoned for commercial use, maximizing the potential for synergy and collaboration. **Additional Opportunity:** Combine with an adjacent property (MLS #1250762) to expand your investment to a total of 10 acres, unlocking even greater potential for development and growth. Seize this rare opportunity to secure a strategic foothold in a rapidly expanding commercial landscape. Contact us today to learn more about this prime real estate offering.

Price History
4/27/2024 Listed $1,500,000

General Features

Water Well-Active
Assoc Fees 0.00
School District Falcon-49
Property Type Land
Yearly Taxes 1065.52
Tax Year 2019
Status Active

Exterior Features

Lot Size 4.6100
Lot Size Area 200811.60
Lot Description See Prop Desc Remarks

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 80831

Price
AVG $760K
$1.5M
Taxes
AVG $846
$1,065
Visits
AVG 373
57
Data Provided by Inside Real Estate®

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