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$ 690,000
Est. payment | /mo
9.4 Acres Lot
$ 690,000
Est. payment | /mo
9.4 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Penrose
MLS Listing ID 8020121
HOA Y/N No
Originating Board recolorado
Annual Tax Amount $2,000
Tax Year 2024
Lot Size 9.400 Acres
Acres 9.4
Property Sub-Type Improved Land
Property Description
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.
Location
State CO
County Fremont
Zoning AR
Interior
Fireplace N
Exterior
Parking Features Driveway-Dirt
Utilities Available Electricity Connected, Natural Gas Connected
Garage No
Building
Sewer Septic Tank
Schools
School District Fremont Re-2
Others
Ownership Corporation/Trust
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Properties of Colorado Real Estate Inc • properties@tysoncool.com,719-431-9164
MORTGAGE CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
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