Subdivision Teal Spg, Sheridan, WY 82801
This exceptional 0.3-acre commercial lot is part of the prestigious Teal Spring Sheridan subdivision, a high-end development experiencing a surge in popularity. Located in Sheridan, Wyoming, this property offers unparalleled access to amenities, including proximity to Little Goose Creek, extensive trail systems, and shopping. The subdivision boasts over 22 acres of open space, preserving natural beauty and providing wildlife habitat. City Council approval has been received, and final documentation is expected soon, paving the way for infrastructure construction and lot sales. The development will ultimately include 57 premium residential lots, a senior living village, and additional commercial and multifamily developments, targeting a high-end demographic. This lot presents a unique investment opportunity within a thriving community, offering access to water rights for lawn irrigation, a covered picnic shelter, and a wide sidewalk connecting to Sheridan's trail system. The developer completed stream restoration on Little Goose Creek, enhancing access, fishing, and wildlife habitat. This is the last available commercial lot of its kind in this sought-after location, making it a truly rare find. The asking price is $160,000. Don't miss this chance to secure a piece of Sheridan's future.
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.