216 Lincolnway, Cheyenne, WY 82001-4504
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.
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Carl's Jr. Restaurant Take-out & Catering
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Wyoming Home Home Decor Store Department Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CBD · Cheyenne, WYCheyenne. Always verify with local authorities before improvements.
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.