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Mixed-Use Zoned Development Land

603 E COLLEGE DR Cheyenne, WY 82007

603 E COLLEGE DR, Cheyenne, WY, 82007
$2,245,740
For Sale
$2,245,740

COMMERCIAL - Cheyenne, WY

Property Size1,134 SF
Lot Size4.91 Acres
Price / SF$1,980
Days on Market100

Property Features for 603 E COLLEGE DR

General Information

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

Taxes and HOA fees

Tax Year
2025
Tax Description
WALLICK AND MURRAY GARDENS: TRACT 6
Tax Annual Amount
1560

Building Details

Year built
1970
Building materials
Brick, Frame
Listing Agency Red Diamond Realty
3001 Henderson Dr, Cheyenne, WY
Listed by Kevin Perry · License #RE-15877
Added: Apr 11 Checked: Jul 19 at 5:06 am
MLS# 100424

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.


Investment Insights

Based on property information with market context.

This offering is a 4.91-acre commercial land parcel that has been recently zoned for mixed-use, with zoning details shown in the photos. The property provides a versatile development platform that may support uses such as retail and multi-unit residential. An occupied brick home is included on-site and there is no lease in place. The seller states that utilities will be provided to the property, and the lot currently features two access points off East College Drive.

The site is located in Cheyenne along the city’s primary east-west corridor and is minutes from Laramie County Community College. According to the public remarks, it is the only acreage on high-traffic College Dr that is zoned MU, which can simplify planning for a development that benefits from visibility and access.

For buyers, this property fits teams looking for a mixed-use development tract with straightforward entry points and utility access. The included home may be useful for short-term occupancy while plans are finalized, with the understanding that no lease governs the current occupancy. With two drive approaches and mixed-use zoning already in place, the site is positioned for development planning across retail and multi-unit residential concepts.

Key Highlights

  • 4.91‑acre property on Cheyenne’s east‑west College Dr., just minutes from Laramie County Community College
  • Recently zoned for mixed‑use (MU), described as the only acreage on College Dr. zoned MU
  • Includes an occupied brick home (no lease) on the property

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Lyon Gary E Business Management Consultant

Suggested Use

Dental Office Law Firm Real Estate Agency Hair Salon Nail Salon Parking Lot & Garage Cafe & Coffee Shop Barber Shop Grocery & Convenience Store Locksmith

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

FAQs

What type of property is this?
Residential land & home lot - Nearly five-acre site with recently approved mixed-use zoning, utility support, and two access points for flexible redevelopment.
Where is this residential land & home lot 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 on Cheyenne’s east‑west College Dr., just minutes from Laramie County Community College; Recently zoned for mixed‑use (MU), described as the only acreage on College Dr. zoned MU; Includes an occupied brick home (no lease) on the property
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