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    OFF-MARKET
    Commercial real estate

    3888 Road 207, Cheyenne, WY 82007

    4,682 SF 159 ac lot Built 2006
    Property ID
    US95-0034950
    Property summary
    AI-generated overview

    This exceptional 159-acre ranch property in Cheyenne, Wyoming, is being offered at auction. The main feature is a stunning 4,682 square foot log home built in 2006 and renovated in 2019, boasting six bedrooms, five bathrooms, a chef's kitchen with high-end appliances, and an oversized two-car attached garage. The home features two primary bedroom suites, each with an ensuite bathroom including a shower and jetted tub. The finished basement offers additional living space with unique log and stone accents. The property also includes five additional buildings: a 50 x 100 shop, a barn with seven horse stalls, a dog kennel, and two detached garages. The land is fully fenced and features over 200 pine trees, a sprinkler system, and a drip irrigation system for the trees. The property consists of four 40-acre parcels sold as one. Located just a short distance from downtown Cheyenne, this property presents a unique opportunity for a variety of uses, including a horse farm, hobby farm, or private retreat. The property is Class A and is a value-add investment opportunity. The occupancy date is December 13, 2024. The listed price is the opening bid for the auction.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2006
    Total area 4,682 SF
    Lot 159 ac (6,926,040 SF)
    UPID US95-0034950
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Permitted uses
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