5th St Cheyenne Wells, CO 80810
This exceptional 1.16-acre commercial land parcel presents a unique investment opportunity in Cheyenne Wells, Colorado. Located on E 5th St S, this property is zoned Agri and offers significant potential for various commercial ventures. The lot is serviced by a city water tap, providing convenient access to utilities. While sewer is not currently available, the installation of a septic system is feasible for residential or commercial development requiring such infrastructure. The ample space allows for the construction of at least two homes, making it ideal for multi-family development or a combination of residential and commercial uses. The seller is open to subdividing the property, offering flexibility to potential buyers. This property is situated in Cheyenne County, Colorado, with the zip code 80810, and boasts a convenient location within the town of Cheyenne Wells. A key advantage is the allowance of horses on the property, appealing to buyers interested in equestrian-related businesses or simply enjoying a rural setting. The asking price for this versatile land parcel is $25,000. Don't miss this chance to acquire a valuable piece of land with considerable development potential in a desirable Colorado location.
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.