Pontillo Dr Cheyenne, WY 82007
- Land
- 48.20 lot acres
Current Use by Public Records
- Land
Property Details for 0 Pontillo Dr
- Lot size
- 48.20 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 48.2-acre parcel presents a remarkable development opportunity in Cheyenne, Wyoming. Strategically located on South Greeley Highway, the property boasts 2,592 feet of frontage along a high-traffic corridor, averaging 12,202 vehicles daily. Currently zoned Agricultural Residential, the land offers significant potential for rezoning to accommodate various development projects, including multi-family housing or commercial ventures. Its proximity to major employers like Microsoft's Bison Business Park and the High Plains Business Park (Project Cosmos) further enhances its desirability. The property is part of a larger 94.9-acre contiguous tract, offering flexibility for larger-scale developments. This prime location aligns perfectly with Cheyenne's Master Plan, promising substantial long-term growth potential. Additionally, potential tax credits for low-income housing development may be available through the Wyoming Community Development Authority (WCDA), and low-interest rate loans may be accessible through rural development programs. The property is situated near the Sweetgrass Planned Unit Development, adding to its appeal. This is a rare chance to acquire a significant land holding in a rapidly expanding area of Cheyenne. The asking price for this 48.2-acre parcel is $3,250,000. The entire 94.9-acre tract is also available for purchase.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cheyenne
- County
- Laramie
- State
- Wyoming
- Longitude
- -104.797
- Latitude
- 41.0801
