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    402 E Prosser Rd Cheyenne, WY 82007

    For Sale
    $1,850,000

    Commercial - Cheyenne, WY

    Lot size:
    1.83 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 9 at 4:06 pm

    Property Features for 402 E Prosser Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Appliances
    Other
    Lot size
    1.83 Acres

    Building Details

    Year built
    1946
    Building materials
    Other
    Roof type
    Asphalt, Composition, None
    Architectural style
    Other

    #1 Properties (307) 634-2222 [email protected]

    Listing agent Codee Dalton (307) 634-2222

    Listing date Nov 9, 2025

    MLS# 98037 Listing URL

    Copyright © 2025 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

    Income-Producing Property with Expansion Potential

    This income-producing property, zoned MR – Medium Density Residential, offers both residential and mobile home park opportunities. The site includes a single-family home featuring 3 bedrooms, 1 bathroom, and a shared laundry area. All appliances are included. The home and mobile homes are currently rented out. The mobile home park features 14 total hookups, each lot is approximately 2,200 sqft. Two spaces are occupied with two brand-new, upgraded 2025 model mobile homes—both fully set up and currently rented out. This property presents a great opportunity for steady rental income with expansion potential in a flexible zoning area. The property is located in Cheyenne, Wyoming, with a lot size of 1.83 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Cheyenne
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.7972601
    Latitude
    41.1062677

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    FAQs

    What type of property is this?
    Single family property - Residential and mobile home park opportunity in Cheyenne, Wyoming.
    Where is this single family property located?
    The property is located at 402 E Prosser Rd Cheyenne, WY.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: - Zoned MR - Medium Density Residential, offering both residential and mobile home park income opportunities.; - Features a 14-hookup mobile home park with two brand-new, upgraded 2025 model mobile homes already rented.; - Includes a single-family home with 3 bedrooms and 1 bathroom, currently rented out.
    (307) 634-2222
    Request Owner's contact information
    402 E Prosser Rd Cheyenne, WY 82007
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    Cheyenne, WY 82007
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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

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    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
    402 E Prosser Rd Cheyenne, WY 82007
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