$649,000
$41K PRICE DROP

934 C St Penrose, CO 81240

Estimated payment $3,751/month

Total Views 9,732
9 Acres
$69,043 Price per Acre
409,464 Sq Ft Lot

Highlights

  • 9.4 Acre Lot
  • No HOA
  • Development of the land is complete

About This Lot

Discover a rare investment opportunity in Penrose, Colorado, featuring three distinct properties spanning 14.6 acres. These properties can be sold together as a package or separately, offering flexibility for residential, commercial, and agricultural ventures. The motivated seller ensures a compelling value proposition! 1. Commercial Property – Prime Highway 115 Frontage (2.57 Acres) Location: Strategically positioned with direct frontage on Highway 115, ensuring high visibility and accessibility. Building Details: An empty office space with foam insulation for energy efficiency. The property features separate HVAC units in each suite, ensuring comfort and flexibility for tenants or owner-occupants. Potential: Perfect for retail, office, or service-based businesses, with room for expansion or customization. 2. Residential Property – Updated 2-Bedroom Home (2.02 Acres) Location: Adjacent to the commercial property on the west side, with convenient access via C Street. Home Details: A charming 2-bedroom, 1-bathroom residence on. Recent upgrades enhance its appeal and functionality, offering a comfortable living space for homeowners or rental income potential. 3. Agricultural Property – Irrigated 10-Acre Tract with Greenhouses Features: Previously operated as Finger Herb Farm, this property includes two large greenhouses totaling 10,320 square feet of enclosed space, ready for immediate use. Equipped with 3/4-inch water tap and a 620-foot well. The irrigation system and greenhouse infrastructure are already in place, minimizing setup costs. Potential: Highly versatile—maintain as a farm, subdivide into two 5-acre tracts (a rarity in the area, where irrigated 10-acre parcels typically sell for around $200,000), or develop for other agricultural or recreational uses.

Listing Agent

Tyson Cool

Properties of Colorado Real Estate Inc Brokerage Email: properties@tysoncool.com,719-431-9164 License #100071259 Listed on: 03/25/2025

Co-Listing Agent

Stephen Cool

Properties of Colorado Real Estate Inc Brokerage Email: properties@tysoncool.com,719-431-9164 License #40004614

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,000

Lot Details

  • 9.4 Acre Lot
  • Development of the land is complete
  • Property is zoned AR

Utilities

  • 440 Volts
  • Natural Gas Connected
  • Septic Tank

Community Details

  • No Home Owners Association
  • Penrose Subdivision

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 000098204257

Property Details

Property Type

Land

Est. Annual Taxes

$2,000

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • Current Use: Agricultural, Commercial
  • Exclusions: NONE
  • Directions: Hwy 50 to Hwy 115 north to first intersection on left on C St. 3rd property on right AT STREET SIGN
  • SubdivisionName: PENROSE
  • Co List Office Mls Id: REC111CB
  • Co List Office Phone: 719-269-9600
  • Ownership: Corporation/Trust
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 1
  • Attribution Contact: properties@tysoncool.com,719-431-9164
  • Special Features: None

Garage/Parking

  • Parking Features: Unpaved
  • Attached Garage: No
  • REC_ParkingCount: 0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Septic Tank
  • Electric: 440 Volts

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Lot Info

  • Parcel Number: 000098204257
  • Lot Size Acres: 9.4
  • Lot Size Sq Ft: 409464
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $5,523 $69,398 $69,398 $0
2023 $5,523 $74,978 $74,978 $0
2022 $5,413 $74,237 $74,237 $0
2021 $5,327 $74,237 $0 $0
2020 $5,329 $86,702 $86,702 $0
2019 $5,352 $86,702 $86,702 $0
2018 $4,292 $69,674 $0 $0
2017 $4,301 $69,674 $0 $0
2016 $4,284 $69,400 $0 $0
2015 $4,231 $69,400 $0 $0
2012 -- $32,185 $29,000 $3,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Price Changed $649,000 -5.9% --
03/25/2025 03/25/25 For Sale $690,000 -- --
Source: REcolorado®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $400,000 Unified Title Company
Quit Claim Deed -- Unified Title Co
Quit Claim Deed -- Land Title Guarantee Company
Special Warranty Deed $400,000 Land Title Guarantee Company
Special Warranty Deed $90,000 None Available
Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $10,000,000 New Conventional
Closed $10,000,000 New Conventional
Closed $2,500,000 Unknown
Closed $400,000 Construction
Previous Owner $0 Unknown
Previous Owner $88,000 Seller Take Back
Source: Public Records

About the Listing Agent

Tyson Cool

Properties of Colorado Real Estate Inc

(719) 416-3179

Section Image

I'm an expert real estate agent with Properties of Colorado, I am a second generation family Realtor, a third Generation home builder/renovator. These experiences have helped me provide home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I have assisted many investors, with commercial property purchase and

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Source: REcolorado®

MLS Number: 8020121

REcolorado®

APN: 000098204257