Lot 1 Block 2 N College Dr Warren Air Force Base, WY 82001
Estimated payment $4,808/month
About This Lot
Seize this rare chance to acquire a versatile 0.95-acre commercial lot ideally situated on North College Drive in the heart of Cheyenne. Zoned CB, Community Business, this parcel offers exceptional flexibility for developers and investors seeking high-density residential projects or adaptive commercial ventures. Key Features & Development Potential: Zoning & Uses: - Zoned CB, Community Business, perfectly suited for multifamily housing such as apartments, townhomes, or condominiums. A zone change to retail/commercial is highly feasible and likely to receive city approval, unlocking opportunities for retail strips, office spaces, or mixed-use developments. High-Visibility Location: Positioned on one of Cheyenne's busiest corridors with daily traffic counts exceeding 21,000 vehicles – ensuring maximum exposure for any retail or residential project. Utilities in Place: A city water line runs directly through the property, streamlining infrastructure costs and accelerating development timelines. Sewer, electricity, and other utilities are readily accessible nearby. Site Advantages: Level topography, excellent frontage on N College Dr, and proximity to major amenities including shopping, dining, schools, and I-25/I-80 interchanges. Just minutes from downtown Cheyenne and the Wyoming State Capitol. This lot represents a blank canvas in a growing market with strong demand for both housing and commercial space. Whether you're building workforce housing, senior living, or pursuing a retail pivot, the location and zoning make it a low-risk, high-reward investment.
Property Details
Property Type
- Land
Est. Annual Taxes
- $298
Additional Features
- 0.95 Acre Lot
- Gas Available at Street
Community Details
Overview
- Sunnyside Add Subdivision
Recreation
- Electricity Available at Street
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/20/2025 10/20/25 | For Sale | $912,000 | -- | -- |
Source: Cheyenne Board of REALTORS®
MLS Number: 98886
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