BUSINESS + REAL ESTATE + 4.96 ACRES | HIGHWAY 86 & ELBERT ROAD

A rare opportunity to own an established business, commercial real estate, and an on-site residence in the heart of Kiowa.

Offered for sale is Forty Mile Feed, an established feed, farm and ranch supply business, together with 4.96 acres across three parcels, multiple commercial improvements, and a renovated 3-bedroom, 1-bath residence.

Located at the highly visible intersection of Highway 86 and Elbert Road, the property benefits from prominent road frontage and approximately 6,100 vehicles per day in average daily traffic (ADT), according to CDOT OTIS traffic-count data. The property's distinctive mural was also the first project completed for the newly designated Plains-to-Pines Scenic Corridor, adding a memorable visual presence along the route.

THE PROPERTY

The 4.96-acre offering includes three parcels:

  • Lot 1 | 2.46 Acres: Home to the Forty Mile Feed retail store and primary business operations.
  • Lot 3 | 1.53 Acres: Offers prominent Highway 86 and Elbert Road exposure.
  • Lot 2 | 0.97 Acres: Includes a renovated 1,351 SF, 3-bedroom, 1-bath residence.

One well located on the residential parcel currently serves all three parcels.

COMMERCIAL IMPROVEMENTS

The property includes a variety of improvements supporting retail, agricultural and storage operations:

  • 1,500 SF retail store
  • 2,130 SF attached warehouse with electricity
  • 3,600 SF hay barn
  • 1,952 SF historic barn with concrete flooring
  • Renovated 1,351 SF residential home

The residence provides flexibility for an owner-operator, employee housing, or potential rental use.

ESTABLISHED BUSINESS

Established in 2018, Forty Mile Feed serves an established agricultural and residential customer base throughout the area. The business offers a diverse selection of products, including:

  • Feed, farm and ranch supplies
  • Poultry supplies
  • Popular seasonal chick sales
  • Convenience merchandise
  • Locally made artisan products

The sale includes the Forty Mile Feed name, business FF&E, shelving and display cases, exterior signage, and customer lists. Inventory is excluded from the sale.

INVESTMENT OPPORTUNITY

This offering provides the opportunity to acquire an established operating business alongside strategically positioned commercial real estate and a residential component, creating multiple potential avenues for an owner-operator or investor.

2022–2024 tax returns and POS records are available to qualified buyers upon execution of an NDA.

10240 Highway 86

For Sale: $2,000,000

1,818 sq ft
Lot 4.96 acres
Year Built: 1995
MLS: 8286567
Property Tax: $9,402/year
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10240 Highway 86
Kiowa, CO 80117

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Monica Breckenridge

CEO of Pink Realty - Pink Realty
ER100039396
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Valerie Lagasse

Agent - Pink Realty
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Kiowa, Colorado

Located in western Elbert County, Kiowa is a charming Colorado community where wide-open spaces, rural character, and small-town hospitality come together. As the county seat of Elbert County, Kiowa offers a peaceful pace of life while remaining within easy reach of the Denver metro area and Castle Rock.

With its roots dating back to the 1800s, Kiowa has a rich history and a strong connection to the agricultural and western heritage of eastern Colorado. Visitors can explore local history at the Elbert County Historical Society & Museum, enjoy community events and parks, and experience the open landscapes and scenic views that make this area unique.

For those looking for a quieter Colorado lifestyle, Kiowa offers a welcoming community, beautiful countryside, and the charm of small-town living without being far from the amenities of the Front Range.