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    603 E College Dr Cheyenne, WY 82007

    For Sale
    $2,245,740

    Commercial - Cheyenne, WY

    Property size:
    1,134 SF
    Lot size:
    4.91 Acres
    Days on Market:
    253
    Last Refresh:
    Dec 6 at 3:06 pm

    Property Features for 603 E College Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    1,134 SF
    Lot size
    4.91 Acres

    Utilities

    Heating system
    Electric (Heating)

    Building Details

    Year built
    1970
    Floors in Building
    1
    Building materials
    Brick, Frame
    Roof type
    Other
    Architectural style
    Other

    Red Diamond Realty (307) 214-9227 [email protected]

    Listing agent Kevin Perry (307) 214-9227

    Listing date Mar 29, 2025

    MLS# 96493 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

    Mixed-Use Land Near College

    This 4.91-acre property is located on Cheyenne's main east-west road, minutes from Laramie County Community College. The land has been recently zoned for mixed-use, providing versatile development opportunities including retail and multi-unit residential. The property includes an occupied brick home without a lease. All utilities are available to the property. The lot has two access points off East College Drive. The property has 1134 square feet of space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lyon Gary E Business Management Consultant

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Cheyenne
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.793334
    Latitude
    41.101307

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    FAQs

    What type of property is this?
    Commercial land - 4.91-acre mixed-use land with development potential near LCCC.
    Where is this commercial land located?
    The property is located at 603 E College Dr Cheyenne, WY.
    What is the asking price?
    The asking price for this property is $2,245,740.
    What are key features of this property?
    This property features: - 4.91-acre property zoned for mixed-use development, including retail and multi-unit residential.; - Prime location on Cheyenne's main east-west artery, near Laramie County Community College.; - Includes an occupied brick home with all utilities.
    (307) 214-9227
    Request Owner's contact information
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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
    603 E College Dr Cheyenne, WY 82007
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