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Sold for $100,000
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  • $100,000

    100 Broadway, Penrose, CO 81240

    --beds
    --baths
    1.37Acres
    Vacant Land
    Built in ----
    1.37 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,494 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,494/mo

    Zestimate® history
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    What's special

    Strong visibilityMostly level topography
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tony R. Greer,

    Keller Williams Performance Realty

    Bought with:

    Tony R. Greer

    Keller Williams Performance Realty

    Source: Royal Gorge AOR,MLS#: 4671310MLS Logo

    Facts & features

    Property

    Lot
    • Size: 1.37 Acres
    • Features: Corner Lot
    • Topography: Level
    Details
    • Parcel number: 99404748

    Utilities & green energy

    • Sewer: Septic Needed
    • Water: Penrose
    • Utilities for property: Electricity Available

    Community & HOA

    Location
    • Region: Penrose

    Financial & listing details

    • Tax assessed value: $32,000
    • Annual tax amount: $606
    • Date on market: 3/26/2026
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/15/2026Sold$100,000
    Source: Royal Gorge AOR #4671310 Report a problem
    7/7/2026Pending sale$100,000
    Source: Royal Gorge AOR #4671310 Report a problem
    3/26/2026Listed for sale$100,000-71.6%
    Source: Royal Gorge AOR #4671310 Report a problem
    12/1/2023Listing removed--
    Source: Royal Gorge AOR #65438 Report a problem
    9/7/2021Listed for sale$351,950+95.6%
    Source: Royal Gorge AOR #65438 Report a problem
    7/1/2021Listing removed--
    Source: Royal Gorge AOR Report a problem
    10/23/2020Listed for sale$179,900+110.4%
    Source: KELLER WILLIAMS PERFORMANCE REALTY #63658 Report a problem
    5/18/2005Sold$85,500
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$650 +1.1%$8,928
    2023$642 -4.4%$8,928 -3.8%
    2022$672 +1.6%$9,280
    2021$661 +16.9%$9,280
    2020$566 -0.4%$9,280
    2019$568 -1.5%$9,280
    2018$577 $9,280
    2017$577 +1.6%$9,280
    2016$568 +1.3%$9,280
    2015$561 $9,280
    Find assessor info on the county website

    Neighborhood: 81240

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Penrose

    Source: Royal Gorge AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.