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603 E College Dr 4.91 Acres of Commercial Land Offered at $2,245,740 in Cheyenne, WY 82007

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INVESTMENT HIGHLIGHTS

  • ~High Growth area for business and housing
  • ~Priced below neighboring land sales
  • ~Traffic Count: Daily average 12,800(2024)
  • ~ Just minutes from the business district and highway access.

EXECUTIVE SUMMARY

This 4.91-acre property is situated along one of Cheyenne's primary east-west arteries, just minutes from the business district and highway access. It lies 1.5 miles from Interstate 80 and 3 miles from Interstate 25, with easy access to Laramie County Community College and a 10-minute drive to Safeway grocery.
The land has been recently zoned for mixed-use, offering versatile development opportunities such as retail, multi-unit residential, and more. The property includes an occupied brick home, presenting a possible owner/user live/work opportunity, currently with two access points off East College Drive.
Priced below neighboring land values, this offering presents an attractive investment opportunity. Contact the listing agent to schedule a tour.

PROPERTY FACTS

Price $2,245,740
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Mixed Use
  • Apartment Units
  • Hotel
Total Lot Size 4.91 AC
Zoning MU - Mixed use, recently updated

1 LOT AVAILABLE

Lot 1

Price $2,245,740
Price Per AC $457,380.86
Lot Size 4.91 AC

~High Growth area for business & housing ~Proximity to 2 major interstates makes for a Strategic Investment or development opportunity ~Priced below recent sale ~344 ft. of Frontage-2 access points ~Recently Zoned MU- Mixed Use ~Traffic Count: 12,800

  • Listing ID: 35324557

  • Date on Market: 3/31/2025

  • Last Updated:

  • Address: 603 E College Dr, Cheyenne, WY 82007

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