683 County Road 132
About This Property
With plenty of usable land, there's room to truly spread out - bring your animals, ATVs, trailers, and fifth wheels with ease. The flat terrain provides flexibility for building, parking, or recreational use, making it ideal for those seeking a rural lifestyle without sacrificing convenience.
Located just minutes from Highway 50, you'll enjoy quick access to Canon City, Florence, and Pueblo for shopping, dining, and everyday amenities, while still savoring the privacy, quiet, and star-filled skies that Fremont County is known for. Outdoor enthusiasts will love the nearby hiking, riding, and off-road opportunities, plus easy access to the Arkansas River and surrounding mountain recreation.
Whether you're looking to build now or hold for the future, this property offers space, views, and value in one of Southern Colorado's most desirable rural communities.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 13, 2026 | Sold | ||
| Sold | |||
| Feb 9, 2026 | Listed | $30,000 | |
| Listed | |||
| Mar 12, 2023 | No longer available | - | |
| No longer available | |||
| Mar 8, 2023 | Listed by Prestige Realty Group LLC | $24,000 | |
| Listed by Prestige Realty Group LLC | |||
| | |||
|
Don't miss this opportunity to buy an affordable piece of property in the beautiful Penrose area. Nice level building site with views for miles and miles. Bring your animals, ATVs, and fifth wheels! Land is currently on a grazing lease that will not transfer with the sale. All information deemed reliable but to be verified by buyer.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017