4800 Greeley Hwy Cheyenne, WY 82007

This exceptional investment opportunity presents a 2.66-acre fee-simple property located at 4800 S Greeley Hwy, Cheyenne, WY 82007. The stabilized portfolio comprises four rental units: two single-family homes (each with 3 bedrooms, 2 bathrooms, and attached garages – one boasts a 3-car garage), and two mobile home lots. The property also includes a substantial 56' x 32' shop. Built between 1957 and 2005, the three buildings offer a combined 3,183 square feet of net rentable space, currently operating at 75% occupancy. Tenants are responsible for all utilities, ensuring a consistent cash flow with minimal management overhead. Situated on a busy thoroughfare, this property benefits from high visibility and significant traffic volume. Its strategic location near High Plains Business Park (Meta) and Bison Business Park (Microsoft) offers exceptional potential for rezoning to Community Business (CB) zoning, leveraging the area's thriving commercial growth. The existing infrastructure, including utilities and road access, minimizes development costs and accelerates potential business ventures. This property represents a compelling investment opportunity in Cheyenne's dynamic south side, offering both immediate rental income and significant long-term growth potential. The asking price is $650,000.