1509 Greeley Hwy Cheyenne, WY 82007
This exceptional 1.81-acre commercial lot presents a significant investment opportunity in Cheyenne, Wyoming. Located on South Greeley Highway, a major thoroughfare, this property offers unparalleled visibility and accessibility for a wide range of commercial ventures. The lot's size provides ample space for substantial development, including parking and potential expansion. Its CB zoning allows for diverse uses, from retail and dining establishments to office complexes or mixed-use developments. The property benefits from existing infrastructure, including readily available utilities and convenient road access, streamlining the development process and reducing associated costs. Situated in Laramie County, with a Cheyenne, Wyoming address and zip code 82007, this location offers high traffic volume and exposure to a substantial customer base. Cheyenne's growing economy and strategic position along the Front Range Urban Corridor further enhance the investment potential of this prime commercial land. The asking price is $625,000. This is a rare opportunity to establish a thriving business in a high-traffic area with excellent visibility.
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.