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.
Lot/land
$912,000
1 N College Dr, Cheyenne, WY 82007
--beds
--baths
0.95Acres
Unimproved Residential, Unimproved Land
Built in ----
0.95 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Level topographyUtilities in place
- 354 days
- 15
- 0
Zillow last checked:
Listing updated:
Listed by:
Mariah Jeffery 307-316-2239,
Coldwell Banker, The Property Exchange
Source: Cheyenne BOR,MLS#: 98886
Facts & features
Property
Lot
- Size: 0.95 Acres
- Dimensions: 41,438
Utilities & green energy
- Electric: Nearby
- Gas: Nearby
- Sewer: None
- Water: None
Community & HOA
Community
- Subdivision: Sunnyside Add
Location
- Region: Cheyenne
Financial & listing details
- Annual tax amount: $298
- Price range: $912K - $912K
- Date on market: 10/20/2025
- Listing agreement: N
- Listing terms: Cash,Conventional
- Exclusions: N
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2025 | Listed for sale | $912,000 |
Source: | ||
Public tax history
Tax history is unavailable.






