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853 Greeley Hwy - TR 1 S Greeley Hwy

48.2 Acres of Commercial Land Offered at £2,564,250 in Cheyenne, WY 82007

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Investment Highlights

Close proximity to Microsoft, Meta and the Sweetgrass Planned Development
Opportunity for multi-family or commercial developer

Well situated in the orojection of the Cheyenne Master Plan

Executive Summary

Co-listed with Elsa McHenry.
Sellers is related to one of the listing agents.

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Property Facts

Price	£2,564,250	Proposed Use	Commercial Multifamily
Sale Type	Investment or Owner User	Total Lot Size	48.20 AC
No. Lots	1	Cross Streets	Pontillo Dr
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial

Price	£2,564,250
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Multifamily
Total Lot Size	48.20 AC
Cross Streets	Pontillo Dr
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	£2,564,250	Lot Size	48.20 AC
Price Per AC	£53,200

Price	£2,564,250
Price Per AC	£53,200
Lot Size	48.20 AC

Mainly flat with slightly sloped terrain, well-situated off of busy S. Greeley Hwy (12,202 cars/day) on the growing South Cheyenne corridor, near two business parks and adjacent to the Sweetgrass Planned Unit Development.

Description

This 48.2 acre parcel with 2,592 feet of frontage along busy South Greeley Hwy is the perfect opportunity for a developer of multi-family housing or commercial. Located just north of Microsoft’s Bison Business Park and just east of the High Plains Business Park (Project Cosmos), it’s perfectly located to be in the center of development with the projection of Cheyenne’s Master Plan. A total of 94.9 contiguous acres are available. Don’t miss this prime development opportunity!

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aerial
map

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853 Greeley Hwy, Cheyenne, WY - aerial map view - Image7

853 Greeley Hwy, Cheyenne, WY - aerial map view - Image8

853 Greeley Hwy, Cheyenne, WY - aerial map view - Image9

zoning

Zoning Code	Agricultural Residential (Easily rezoned to commercial or multi-family.)
Agricultural Residential (Easily rezoned to commercial or multi-family.)