0 Greeley Hwy Cheyenne, WY 82007
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.