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    10041 E Four Mile Rd Cheyenne, WY 82001

    Sponsored
    For Sale
    Under Contract
    $430,000

    Unimproved Residential - Cheyenne, WY

    Lot size:
    39.09 Acres
    Days on Market:
    51
    Last Refresh:
    Jan 9 at 4:06 pm

    Property Features for 10041 E Four Mile Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Lot size
    39.09 Acres

    Building Details

    Architectural style
    Other

    Century 21 Bell Real Estate (307) 635-0336 [email protected]

    Listing agent Trenille Young (307) 635-0336

    Listing date Nov 20, 2025

    MLS# 98072 Listing URL

    Copyright © 2026 Cheyenne Board 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.

    Overview

    Residential Land with Royalty Income

    This 39.09-acre rural residential land parcel is located near Cheyenne, Wyoming. The property offers an opportunity to generate land use royalties from an existing oil rig, providing an income of $8,000 or more per year. The land has already been prepared for subdivision and can be developed into 5 building sites.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Auto Repair Shop Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cheyenne
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.6879647
    Latitude
    41.1858233

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    FAQs

    What type of property is this?
    Land - 39-acre residential land parcel near Cheyenne with royalty income.
    Where is this land located?
    The property is located at 10041 E Four Mile Rd Cheyenne, WY.
    What is the asking price?
    The asking price for this property is $430,000.
    What are key features of this property?
    This property features: - $8k+ annual income from oil rig royalties.; - Approved for subdivision into 5 building sites, offering a development opportunity.; - All subdivision work is completed.
    (307) 262-9617
    Request Owner's contact information
    10041 E Four Mile Rd Cheyenne, WY 82001
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    Cheyenne, WY 82001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10041 E Four Mile Rd Cheyenne, WY 82001
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