Property summary
This exceptional 0.2-acre commercial lot, located at 216 W LINCOLNWAY in Cheyenne, Wyoming, presents a unique investment opportunity. Priced at $1,900,000, this property offers significant potential for development in a thriving area. The expansive 0.2-acre parcel provides ample space for a variety of commercial ventures. Its strategic location on W LINCOLNWAY ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in Cheyenne. The property's zoning and permitted uses should be independently verified to ensure alignment with any prospective development plans. Given the size and location, this lot is well-suited for a range of commercial projects, from retail spaces and restaurants to office buildings and other commercial enterprises. Prospective buyers are encouraged to conduct their own due diligence to assess the property's suitability for their specific needs and to explore the potential for maximizing its value. The asking price reflects the significant potential of this prime commercial land in a growing market. This is a rare opportunity to acquire a substantial commercial lot in a desirable location within Cheyenne. Serious inquiries are welcome. All information provided is deemed reliable but not guaranteed and should be independently verified.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant Take-out & Catering
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Home Decor Store Department Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
5.4.3 CBD - Central Business District 5.4.4 MUR - Mixed-Use Residential District 5.4.5 MUB - Mixed-Use Business District 5.4.6 MUE - Mixed-Use Employment District 5.4.7 BP - Business Park 5.4.1 NB - Neighborhood Business…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CBD · Cheyenne, WY5.4.3 CBD - Central Business District 5.4.4 MUR - Mixed-Use Residential District 5.4.5 MUB - Mixed-Use Business District 5.4.6 MUE - Mixed-Use Employment District 5.4.7 BP - Business Park 5.4.1 NB - Neighborhood Business…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
5.4.3 CBD - Central Business District 5.4.4 MUR - Mixed-Use Residential District 5.4.5 MUB - Mixed-Use Business District 5.4.6 MUE - Mixed-Use Employment District 5.4.7 BP - Business Park 5.4.1 NB - Neighborhood Business…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CBD in Cheyenne, WY.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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