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.
Source: School Digger
Source: Public Records
Source: Sperling's Best Places
46/100
Walk Score ®
55/100
Bike Score ®
The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 0/100, Bike Score: 34/100.
Source: Realty.com
Lot 1 Block 2 N COLLEGE DR, Cheyenne, WY 82001 is a , Land property listed for $912,000 The property is - sq. ft with - bedrooms and 0 bathrooms
Realty.com has 12 photos of Lot 1 Block 2 N COLLEGE DR.
The full address for this home is Lot 1 Block 2 N COLLEGE DR, Cheyenne, WY 82001.
Lot 1 Block 2 N COLLEGE DR has been listed on Realty.com since Mon October 20, 2025
Most errands require a car. It is possible to get on a bus. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 0/100, Bike Score: 34/100.
There are 3 schools assigned to this home. Check out the schools near Lot 1 Block 2 N COLLEGE DR. Baggs Elementary School (Grades: PK - 6), Fairview Elementary School (Grades: 3 - 6), East High School (Grades: 9 - 12)
Listing provided courtesy of:
Coldwell Banker, The Property Exchange
(tel: 307-632-6481)
Listing agent:
Mariah Jeffery
(tel: 307-316-2239)
(#2875)
This content last refreshed on 2025-11-10 13:31:44. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of Lot 1 Block 2 N COLLEGE DR, Cheyenne, WY 82001 : MLS# 98886
