Technical
Financial
Distress signals
Property profile

3371 Road 203 Cheyenne, WY 82007

OFF-MARKET
Land
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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

Location

3371 Road 203 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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