Cheyenne WY Tbd College Dr Cheyenne, WY 82007
This exceptional 7.4-acre commercial and industrial land parcel presents a unique investment opportunity in Cheyenne, Wyoming. Strategically located on College Drive, this property boasts unparalleled visibility and accessibility, situated on a busy corner with high traffic counts. The site enjoys a prime location on Hwy 85 and College Drive, a main north/south artery in Cheyenne, experiencing 9,600 vehicles per day passing the property and 16,000 VPD at the intersection. Two separate access aprons provide convenient ingress and egress. The property is zoned Commercial (CB), features paved roads with sidewalks, and has a paid water tap. Its high-profile location in a rapidly growing corridor offers exceptional potential for a wide range of commercial uses, including but not limited to banks, fast food restaurants, retail, wholesale, office space, storage facilities, medical offices, hotels, churches, bars, childcare centers, fabrication shops, and transportation businesses. Some businesses may require board approval. The area is experiencing significant growth, evidenced by the recent construction of a new Microsoft facility in south Cheyenne. Proximity to schools, a Dollar Store, and a Safeway further enhances the property's desirability. This is a rare opportunity to acquire a highly visible, well-located parcel in a thriving market. The seller is open to considering various development proposals. City utilities are readily available. A brochure with additional information is available upon request.
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
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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.