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    5th St Cheyenne Wells, CO 80810

    • Land
    • 1.16 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 5th St

    Lot size
    1.16 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cheyenne Wells
    County
    Cheyenne
    State
    Colorado
    Longitude
    -102.343
    Latitude
    38.8204

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    5th St
    Cheyenne Wells, CO 80810
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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