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Property profile & analytics
OFF-MARKET
Land

3371 Road 203 Cheyenne, WY 82007

Property ID
Property summary
AI-generated overview

This exceptional 745.91-acre property presents a unique development opportunity in Laramie County, Wyoming. Situated just ten miles from Cheyenne, this expansive land parcel offers convenient access via Highway 85 and Chalk Bluffs Road. A draft survey outlines the potential for eighteen 36+ acre parcels, although the land is highly flexible and could be subdivided into smaller lots as small as 5.25 acres, catering to a variety of development plans. The absence of restrictive covenants provides significant freedom for future projects. The property's substantial size and strategic location near Cheyenne make it an attractive investment for developers seeking to capitalize on the growing demand for residential land in the area. The existing draft survey provides a solid foundation for immediate planning and development, minimizing upfront costs and expediting the project timeline. This is a rare opportunity to acquire a large, readily developable tract of land in a desirable location with excellent access. The asking price for this remarkable property is $4,500,000.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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