Brandy Brown
EXIT Realty DTC, Cherry Creek, Pikes Peak
(719) 652-6634
54 Total Sales
1 in Penrose
$370,000 Price
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.
Brandy Brown
EXIT Realty DTC, Cherry Creek, Pikes Peak
(719) 652-6634
54 Total Sales
1 in Penrose
$370,000 Price
Kristi Meyer
Real Broker, LLC
(775) 349-0355
41 Total Sales
1 in Penrose
$460,000 Price
Tanya Walter
Era Shields Real Estate
(719) 652-6533
75 Total Sales
1 in Penrose
$565,000 Price
Laura Karan
RE/MAX Real Estate Group
(719) 249-7882
75 Total Sales
2 in Penrose
$400,000 Price Range
Tyson Cool
Properties of Colorado Real Estate Inc
(775) 349-0246
132 Total Sales
19 in Penrose
$100K - $498K Price Range
Marilee Nickelson
Homesmart Preferred Realty
(719) 215-8377
66 Total Sales
2 in Penrose
$368,000 Price Range
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 | -- | -- |
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 |
Seller's Agent in 2026
Tony Greer
Keller Williams Performance Realty
(719) 671-5250
79 Total Sales
Source: Royal Gorge Association of REALTORS®
MLS Number: 4671310
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