853 Pontillo Dr Cheyenne, WY 82007
- Land
- 35.13 lot acres
Current Use by Public Records
- Land
Property Details for 853 Pontillo Dr
- Lot size
- 35.13 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 35.13-acre parcel presents a remarkable development opportunity in Cheyenne, Wyoming. Strategically located on South Greeley Highway, the property boasts 650 feet of frontage, ensuring high visibility and accessibility. Its proximity to Microsoft's Bison Business Park and other key developments positions it perfectly within Cheyenne's expanding master plan. Currently zoned Agricultural Residential, the land offers flexibility for various projects, including multi-family housing or commercial ventures. The high daily traffic count of 12,202 vehicles on South Greeley Highway underscores the property's significant commercial potential. Further enhancing its appeal, the possibility of tax credits for low-income housing development through the Wyoming Community Development Authority (WCDA) and access to low-interest rate loans via rural development programs exist. This presents a unique chance to capitalize on Cheyenne's growth trajectory. While the total contiguous acreage available is 84.9 acres, this listing specifically focuses on the 35.13-acre parcel. The asking price for this prime development site is $2,500,000. This property is situated at 853 Pontillo Dr, Cheyenne, WY 82007, in Laramie County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cheyenne
- County
- Laramie
- State
- Wyoming
- Longitude
- -104.793
- Latitude
- 41.0787
