Discover the unmatched potential of this stunning 20-acre property, split evenly on each side of 11th Street and nestled in the heart of Colorado's serene high desert landscape. With 10 acres on either side, this unique parcel offers flexibility for a variety of uses - build your dream home, establish a hobby farm, or develop a retreat that embraces the peace and beauty of the surrounding mountains. Call today for details!
Prime Industrial Land Opportunity 19.43 Acres Total Utilities at Lot Line Unlock the potential of this rare industrial land offering in Fremont County. Comprising three individual parcels totaling 19.43 acres, this property is ideally located just off U.S. Highway 50, adjacent to the U.S. ICE field office and in close proximity to the Fremont County Airport. Zoned industrial, it offers flexible use options for warehousing, manufacturing, distribution, or other commercial development needs. City water and power are available at the lot line, streamlining the development process for investors or end users. With flat topography and convenient access to major transportation corridors, this site is well-suited for businesses seeking visibility, accessibility, and room to grow. All three parcels are being sold together, providing maximum utility and long-term value. However, the new owner has the flexibility to sell the parcels individually, creating multiple exit strategies or development phases. This is a high-potential location for companies looking to establish or expand operations in Southern Colorado. Whether you're an investor, developer, or business owner, this 19.43-acre industrial-zoned opportunity offers the space, infrastructure, and strategic location to make your vision a reality.
Prime Highway 115 Visibility â?? Small Lot, Big Opportunity! Don't let the size fool youâ??this small but mighty lot offers exceptional visibility right off Highway 115, making it a strategic spot for signage, small business potential, or investment. With high traffic exposure and easy access, it's an ideal location to get noticed. Whether you're looking to advertise, build, or hold, this highly visible parcel delivers big impact in a compact footprint.
Premier 2.43 acre lot in Top Rail Ranch Estates! Beautiful mountain views along with gorgeous sunrises and sunsets. Centrally located between Canon City, Pueblo & Colorado Springs. Protective covenants which will help protect your homes value. No HOA! Wide open spaces with room for your horses and RVs. Under ground utilities! Drive-by and see where your next dream home will be located!!
The property at 1390 K Street in Penrose, Colorado, offers 2.72 acres of picturesque land. This expansive lot provides ample space for various outdoor activities and potential development. The property includes a substantial shop, ideal for storage, hobbies, or business operations. Located on the corner of highway 50 and 1 mile from from Highway 115, it offers convenient access to Colorado Springs, Pueblo, and Cañon City. This property has electric paid water tap and and perk test, enhancing the property’s appeal for residential or commercial use.
Discover the perfect blend of rural charm and agricultural opportunity with this 8.14-acre parcel located in the heart of Penrose, Colorado. Offering expansive views of the surrounding countryside and Pikes Peak in the distance, this level, usable land is ideal for building your dream home, starting a hobby farm, or investing in Colorado land this property has plenty of space for a custom home, barns, gardens, and more! What sets this property apart are the included ditch shares, providing valuable irrigation rights — a rare and highly sought-after feature in the region. Whether you’re looking to grow crops, support livestock, or simply maintain lush landscaping, these water rights offer both flexibility and long-term value. Don’t miss this rare opportunity to own acreage with water rights in one of Colorado’s most welcoming small-town communities and just a short drive to Canon City, Florence, and Pueblo.
Scenic Land with Solar Power, Outbuildings & Valley! This 40 acre AG Forest-zoned property offers a rare combination of space, privacy, and potential. Approximately 7 flat acres sit atop a bluff, featuring a 12x65 mobile home shell-a structure ready for renovation or replacement to suit your needs. The property is equipped with solar power, housed in one of two storage outbuildings, along with an 800 sq. ft. metal Quonset outbuilding and a private gun range. Beyond the bluff, the remaining 33 acres stretch into a private valley, featuring gently rolling terrain and next to a seasonal creek. Whether you're looking for a hunting retreat, off-grid homestead, or recreational getaway, this land provides plenty of possibilities. With peaceful surroundings, open skies, views of valleys and bluffs all around and plenty of natural beauty, this property is an excellent opportunity for those looking to create something special. Schedule a showing today!
Scenic Land with Solar Power, Outbuildings & Valley! This 40 acre AG Forest-zoned property offers a rare combination of space, privacy, and potential. Approximately 7 flat acres sit atop a bluff, featuring a 12x65 mobile home shell—a structure ready for renovation or replacement to suit your needs. The property is equipped with solar power, housed in one of two storage outbuildings, along with an 800 sq. ft. metal Quonset outbuilding and a private gun range. Beyond the bluff, the remaining 33 acres stretch into a private valley, featuring gently rolling terrain and next to a seasonal creek. Whether you're looking for a hunting retreat, off-grid homestead, or recreational getaway, this land provides plenty of possibilities. With peaceful surroundings, open skies, views of valleys and bluffs all around and plenty of natural beauty, this property is an excellent opportunity for those looking to create something special. Schedule a showing today!
Level lot in Penrose with beautiful mountain views! Perfect for building your dream home! Lot located on a corner lot off of paved roads. Within walking distance of the post office, Coyote's Den Cafe, Gooseberry Patch restaurant, and all that downtown Penrose has to offer. Short commute to Canon City, Colorado Springs, Ft. Carson and Pueblo. Land includes a paid in full water contract. Water contracts are limited in the state of Colorado, and may not be available in the near future, so this is a valuable asset!
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Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Listing information Copyright 2026 Pikes Peak REALTOR® Services Corp. The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.
Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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Penrose is located in Colorado. Penrose, Colorado has a population of 3,305. Penrose is more family-centric than the surrounding county with 33.79% of the households containing married families with children. The county average for households married with children is 25.17%.
The median household income in Penrose, Colorado is $69,673. The median household income for the surrounding county is $53,411 compared to the national median of $69,021. The median age of people living in Penrose is 41.3 years.
The average high temperature in July is 90.7 degrees, with an average low temperature in January of 18.1 degrees. The average rainfall is approximately 15 inches per year, with 30.7 inches of snow per year.