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Property profile

4615 N College Dr Cheyenne, WY 82009

FOR SALE
Specialty properties
Property ID
US95-0038465
1,068 SF
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Property summary

AI-generated overview

This exceptional 2.67-acre development opportunity in Cheyenne, Wyoming, presents a compelling investment prospect. Located just north of Dell Range Boulevard off College Drive, this property boasts an enviable position in a desirable Laramie County area, currently zoned MR. The site is comprised of two contiguous 1.3-acre parcels, offering flexibility for various development plans. Envisioned uses include twin-home construction, apartment complexes, or a small single-family residential development. The high-traffic location at the intersection of College Drive and Dell Range Boulevard ensures excellent visibility and accessibility, with over 21,000 vehicles passing daily. The property's 1,068 square feet of existing structures (if any) are included in the asking price of $659,000. This presents a rare chance to capitalize on the growing Cheyenne market and create a thriving development project. The property's zoning and location make it an attractive proposition for investors seeking high-return opportunities in a dynamic area. The address is 4615 N College Dr, Cheyenne, WY 82009.

Property profile

Verified
Property type Specialty properties
Total area 1,068 SF
UPID US95-0038465

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4615 N College Dr Cheyenne, WY 82009
Cheyenne metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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