Technical
Financial
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Property profile

0 Charles St Cheyenne, WY 82001

OFF-MARKET
Commercial real estate
5.4 ac lot
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Property summary

AI-generated overview

This exceptional 5.4-acre commercial land parcel presents a unique investment opportunity in Cheyenne, Wyoming. Located on Charles Street, zip code 82001, this property boasts a highly desirable Mixed Use Business (MUB) zoning designation, offering considerable development flexibility. All utilities are conveniently located at the corners of the lot, simplifying infrastructure connections. The asking price is $800,000, translating to a land value of $3.40 per square foot. The seller is open to owner financing with a 20% down payment and a 10-year term. Please note that a sign license may be cancelled with 30 days' notice. The City of Cheyenne may require the developer to install a water line along the northern border of the property on Charles Street, as well as paving Charles Street along that same border. Importantly, the state is in the process of abandoning the Highway 30 service road, impacting access to the property. This property is held under sole proprietorship. This prime location offers convenient access to Highway 30, making it an ideal site for a variety of commercial ventures. Serious inquiries only.

Property profile

Verified
Property type Commercial real estate
Lot 5.4 ac (235,224 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Charles St Cheyenne, WY 82001
Cheyenne metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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