Technical
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Property profile

0 Greeley Hwy Cheyenne, WY 82007

OFF-MARKET
Land
10 ac lot
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Property summary

AI-generated overview

This exceptional 10-acre parcel presents a unique investment opportunity in rapidly developing Cheyenne, Wyoming. Currently zoned Agricultural Residential, this land offers significant potential for redevelopment, with the possibility of rezoning to accommodate various uses. The property boasts 2,592 feet of frontage along a busy south-side corridor, providing excellent visibility and accessibility. Its strategic location places it near major employers such as Microsoft's Bison Business Park and the High Plains Business Park (Project Cosmos), aligning perfectly with Cheyenne's Master Plan projections. This prime location offers easy access to amenities and infrastructure. The entire 94.9 contiguous acres are available for purchase, either as a whole or in separate parcels. This presents a unique opportunity for large-scale development projects. Furthermore, potential tax credits for low-income housing development may be available through the Wyoming Community Development Authority (WCDA), and low-interest rate loans might be accessible through rural development programs. This 10-acre parcel represents a compelling investment opportunity for developers seeking to capitalize on Cheyenne's growth trajectory. Detailed information regarding potential tax credits and loan programs can be found through the provided WCDA link and other relevant resources.

Property profile

Verified
Property type Land
Lot 10 ac (435,600 SF)

Cap rate & NOI

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

Location

Greeley Hwy Cheyenne, WY 82007
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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