0 Charles St Cheyenne, WY 82001
This exceptional 5.4-acre commercial land parcel presents a unique investment opportunity in Cheyenne, Wyoming. Located on Charles Street, zip code 82001, this property boasts a highly desirable Mixed Use Business (MUB) zoning designation, offering considerable development flexibility. All utilities are conveniently located at the corners of the lot, simplifying infrastructure connections. The asking price is $800,000, translating to a land value of $3.40 per square foot. The seller is open to owner financing with a 20% down payment and a 10-year term. Please note that a sign license may be cancelled with 30 days' notice. The City of Cheyenne may require the developer to install a water line along the northern border of the property on Charles Street, as well as paving Charles Street along that same border. Importantly, the state is in the process of abandoning the Highway 30 service road, impacting access to the property. This property is held under sole proprietorship. This prime location offers convenient access to Highway 30, making it an ideal site for a variety of commercial ventures. Serious inquiries only.
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.