Technical
Financial
Distress signals
Property profile

601 Lincolnway Cheyenne, WY 82001

OFF-MARKET
Investment properties
Property ID
US95-0342284
3,572 SF 0.28 ac lot Built 1952
Individually Owned 21-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 0.28-acre commercial lot presents a unique investment opportunity in the vibrant city of Cheyenne, Wyoming. Situated at 601 E LINCOLNWAY, this property boasts a highly desirable location with excellent visibility and accessibility. The expansive 0.28-acre parcel offers significant potential for a variety of commercial ventures, from retail establishments and restaurants to office spaces and light industrial uses. Its strategic placement ensures high traffic volume, maximizing exposure and attracting a substantial customer base. The property's size allows for ample development possibilities, catering to diverse business needs and expansion plans. The asking price of $725,000 reflects the significant value and potential return on investment this prime location offers. This is an exceptional chance to acquire a well-positioned commercial lot in a thriving Wyoming market. Serious inquiries are encouraged to explore the possibilities and secure this remarkable opportunity. The property is ready for immediate development, presenting a streamlined path to establishing a successful business in a dynamic and growing community. Don't miss this chance to own a piece of Cheyenne's commercial landscape.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1952
Total area 3,572 SF
Lot 0.28 ac (12,144 SF)
Zoning code CB
APN 11001042400080
UPID US95-0342284

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Marketing & Advertising Advertising Agency
  • Auto Repair Shop

Location

601 Lincolnway Cheyenne, WY 82001-4701
Cheyenne metro Census 701 CHEYENNE, WY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2005
2 recorded transactions
2005
Price N/A
1969
Price N/A

Zoning & alternative use

CB · Cheyenne, WY
Zoning description

5.4.2 CB - Community Business District 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 - Busines…

General category CIVIC_INSTITUTIONAL

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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