$100,000
SOLD JUL 15, 2026
1.37 Acres
$72,993 Price per Acre
59,677 Sq Ft Lot

Sale Details

Date Sold: July 15, 2026

102 Days on Market

About This Lot

As of July 2026

Prime Highway 115 frontage in the growing community of Penrose presents a rare opportunity to secure a highly visible commercial site with exceptional accessibility and long-term upside. This approximately 1.5-acre parcel is zoned Business and offers egress from at least two sides, making it ideal for a wide range of commercial uses that benefit from strong traffic flow and easy customer access. Positioned next to the Penrose Library, the property enjoys a steady stream of local activity while maintaining outstanding exposure along one of the area’s primary transportation corridors. Whether you're envisioning a neighborhood retail center, mini mall, auto parts store, auto sales lot, service-based business, or a mixed-use commercial concept, this site provides the flexibility and visibility to support a successful venture. A major advantage is the paid and installed water tap, significantly reducing upfront development costs and timelines. The mostly level topography further enhances buildability, allowing for efficient site planning and construction. Penrose continues to attract attention from investors and business owners seeking more affordable alternatives to larger urban markets like Colorado Springs and Pueblo, while still benefiting from strong regional connectivity. With limited commercially zoned land remaining in the area, this property stands out as a strategic acquisition for those looking to establish or expand their footprint in a growing Southern Colorado market. Opportunities like this—with highway frontage, utilities in place, flexible zoning, and strong visibility, are becoming increasingly scarce. Secure your position now and bring your vision to life in Penrose.

Last Agent to Sell the Property

Tony Greer

Keller Williams Performance Realty Listed on: 03/26/2026

Keller Williams Performance Realty

Last Buyer's Agent

Tony Greer

Keller Williams Performance Realty Listed on: 03/26/2026

Keller Williams Performance Realty
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $606

Schools

  • Penrose Elementary School

Additional Features

  • 1.37 Acre Lot
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 99404748

Property Details

Property Type

Land

Est. Annual Taxes

$606

Lot Details

1.37 Acres

Listing Details

  • Access: Public Road, State Highway
  • PropertyType: Land
  • Lot Size Acres: 1.3700
  • Road Frontage Type: City Street, Highway
  • Co List Office Phone: 719-269-7355
  • MLS Status: Closed
  • FloodPlain100YRYN: No
  • Extras:Landscaped: None
  • Lot Land Type: Vacant Land
  • SanitationAvailable: Septic Required
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Ditch Type: None
  • Lot Type: Corner

Utilities

  • Utilities: Electricity Available
  • Water Source: Penrose

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable

Lot Info

  • Topography: ["Level"]
  • Lot Size Sq Ft: 59677.20
  • ResoLotSizeUnits: Acres
  • Parcel Number: 99404748

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 606.00

MLS Schools

  • Elementary School: Penrose

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Penrose, CO

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/15/2026 07/15/26 Sold $100,000 0.0% --
07/07/2026 07/07/26 Pending -- -- --
03/26/2026 03/26/26 For Sale $100,000 -- --
Source: Royal Gorge Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $606 $8,640 $8,640
2024 $606 $8,928 $8,928 $0
2023 $653 $8,928 $8,928 $0
2022 $672 $9,280 $9,280 $0
2021 $661 $9,280 $9,280 $0
2020 $566 $9,280 $9,280 $0
2019 $568 $9,280 $9,280 $0
2018 $567 $9,280 $0 $0
2017 $568 $9,280 $0 $0
2016 $568 $9,280 $0 $0
2015 $561 $9,280 $0 $0
2012 $608 $9,280 $9,280 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Royal Gorge Association of REALTORS®

MLS Number: 4671310

Royal Gorge Association of REALTORS®
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