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934 C Street, Penrose, CO 81240

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For Sale

$690,000

9.3 acres

Estimated Payment

$ 3,713 /mo. †

6.67% APR for 30 yrs.
$1,942 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 9.3 acres
    Lot size

Explore this Property

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.
MLS# 1956370

Courtesy Of PROPERTIES OF COLORADO

(719) 269-9600

Property Features

  • Architecture Style
    Other
  • Lot Size
    9.3 Acres

Map and Directions

Directions to 934 C Street, Penrose, CO 81240

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $3,551
  • Property Taxes
    $161
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $3,713

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Penrose Elementary School

Grades KG-5 Public School

Penrose, CO 81240 1 miles
100 illinois st

295 total students
16:1 Student teacher ratio

School Rating: C

School Details

Fremont Middle School

Grades 6-8 Public School

Florence, CO 81226 3.9 miles


School Details

Fremont High School

Grades 9-12 Public School

Florence, CO 81226 4.2 miles
2006 highway 67

603 total students
18:1 Student teacher ratio

School Rating: D+

School Details
Other Nearby Schools Distance Type Grades School Rating
Fremont Elementary School 5.1 miles Public KG-5 C+

Fremont Elementary School

Distance: 5.1 miles

Type Public

Grades: KG-5

C+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Penrose, CO 81240

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Penrose, CO 81240

This community’s employment is highest in the food and construction industries. The area’s overall household expenses are below the national average.

86° July
Hottest Average Month
17° January
Coldest Average Month
2,477 Total Households in Area
1.2% Increase in population since the year 2010
28.6%
of households
have children
27 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Penrose, CO 81240

Penrose, CO 81240 has a population of 6,666 people in 2,477 households with a median age of 44.8 years old.

1.2%
Increase in population
since the year 2010
Population is Trending up
2,490
Total households as of 2010
4.1%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 44.8 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 82%
Hispanic 13%
Other 5%
Black 2%
Native American 1%
Asian <1%
The most prevalent ethnicity is White at 82%, followed by Hispanic at 13%, Other at 5%, and Black at 2%.

Economics
for Penrose, CO 81240

35 /sq mi
Population Density
$68,915 /yr
Median Household Income
$354,000
Median Sales Price
27 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 18.4% of the households.

Transportation to Work

  • Drive 84%
  • Work from Home 12%
  • Walk or Bike 4%
  • Public Transit 0%

Occupancy by Type

Owned 2,038 75%
Rented 440 16%
Vacant 225 8%

White vs Blue Collar Jobs







White Collar 67%
Blue Collar 33%

Family & Education Facts
for Penrose, CO 81240

44.8 Median Age

Average Household Size

2.5
persons per
household

58.1%

Married Households

Community Population By Education

High School Graduate 33%
Some College 27%
Bachelors Degree 16%
Graduate Degree 10%
Some High School 8%
Associates Degree 6%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 33.18% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
28.6% of households have children

Weather
for Penrose, CO 81240

The weather for this area ranges from a high of 86° F in July to a low of 17° F in January

86° July
Hottest Average Month
17° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
17°
44°
Feb
19°
47°
Mar
25°
52°
Apr
33°
61°
May
42°
70°
Jun
51°
80°
Jul
57°
86°
Aug
55°
83°
Sep
47°
76°
Oct
36°
66°
Nov
25°
52°
Dec
18°
45°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Royal Gorge Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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