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Investment Highlights

  • High Visibility
  • Perfect for QSR
  • Shovel Ready Lot

Executive Summary

Surrounded by planned projects—including a car wash, mixed-use commercial spaces, and additional residential—this site benefits from strong visibility, convenient access, and increasing demand for housing in the area. Ideal for a range of multifamily concepts, from boutique apartments to a larger residential community, the property is located in a developing corridor designed to support long-term growth and tenant appeal. The seller is open to flexible deal structures, including an outright purchase, build-to-suit, or creative financing options to align with your development goals. A rare opportunity to secure a well-located multifamily site in one of Cheyenne’s most active growth areas.

Property Facts

Price $400,000 - $1,827,000
Sale Type Investment or Owner User
No. Lots 3
Property Type Land
Property Subtype Commercial
Proposed Use
Fast Food
  • Restaurant
Total Lot Size 2.46 AC
Opportunity Zone Yes
Zoning Commercial Business - Unimproved Commercial

3 Lots Available

Lot 2

Price $400,000
Price Per AC $754,716.98
Lot Size 0.53 AC

Positioned within the rapidly growing Ridge Road Plaza, this 0.53-acre parcel offers an excellent opportunity for multifamily development.

Lot 3

Price $750,000
Price Per AC $781,250.00
Lot Size 0.96 AC

This premier commercial parcel offers a strong opportunity for developers and investors to create a mixed-use retail or multi-tenant project in one of Cheyenne’s fastest-growing corridors.

Lot 4

Price $677,000
Price Per AC $697,938.14
Lot Size 0.97 AC

Positioned within the rapidly growing Ridge Road Plaza, this 0.97-acre parcel offers an excellent opportunity for multifamily development.

Description

Positioned within the rapidly growing Ridge Road Plaza, this 0.53-acre parcel offers an excellent opportunity for multifamily development. Surrounded by planned projects—including a car wash, mixed-use commercial spaces, and additional residential—this site benefits from strong visibility, convenient access, and increasing demand for housing in the area. Ideal for a range of multifamily concepts, from boutique apartments to a larger residential community, the property is located in a developing corridor designed to support long-term growth and tenant appeal. The seller is open to flexible deal structures, including an outright purchase, build-to-suit, or creative financing options to align with your development goals. A rare opportunity to secure a well-located multifamily site in one of Cheyenne’s most active growth areas.

Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
1-8540-0004-0000-0
Land Assessment
$181,178
Improvements Assessment
$20,832
Total Assessment
$202,010
  • Listing ID: 40079512

  • Date on Market: 4/8/2026

  • Last Updated:

  • Address: Proposed Lot 2-4 Ridge Rd, Cheyenne, WY 82001

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