Listed by Coldwell Banker | The Property Exchange
$325,000
TBD Hwy 30
Details
Property Type Land
Sub Type Commercial
Broker Co-Op Yes
Acreage 0.630
Zoning Community Business
Ownership Fee Simple
Commercial Land at Intersection of Two Arterial Streets
Marketing description
Secure this high-visibility 0.63-acre corner parcel at the bustling intersection of Hwy 30 and East Pershing Blvd, zoned CB (Community Business) – the ultimate flexible canvas for commercial, retail, or even residential development in Cheyenne’s rapidly expanding east corridor.
This is ground zero for Cheyenne’s next commercial boom – a corner lot where traffic, zoning, and municipal backing align for fast-track success. Perfect for national chains, local operators, or developers eyeing a service node in a high-demand growth pocket.
Seller may carry at 5.5% interest rate, 5 year balloon potentially renewable upon mutal agreement.
Investment highlights
Explosive Traffic & Strategic Positioning:
- Dual Arterial Frontage: Hwy 30 boasts 12,000+ vehicles daily, while E Pershing Blvd delivers 10,000+, creating over 22,000 daily pass-bys on two principal arterial roads. These routes serve as primary gateways to massive residential subdivisions and industrial growth to the east.
- Future Growth Catalyst: Traffic engineers forecast significant increases in volume over the coming years, fueling demand for convenient retail, dining, and service-oriented businesses.
- Proven Trade Area: Nestled amid thriving housing communities and established retail, this location captures both local residents and pass-through traffic.
- Seller may carry at 5.5% interest rate, 5 year balloon potentially renewable upon mutal agreement.
Zoning & Development Advantages:
- CB Community Business Zoning: Offers broad flexibility for retail stores, restaurants, offices, medical facilities, convenience/gas stations, or mixed-use with residential components. Ideal for low-water commercial concepts – city and county officials have indicated strong support for such projects.
- Fully Annexed & Infrastructure-Ready: Within city limits with utilities at the street (water, sewer, gas, electric). Level site with excellent corner access and potential for signalized entry.
- Low-Risk, High-Reward: Positioned to serve Cheyenne’s eastward expansion, including new homes, logistics hubs, and workforce populations.
Listing Contacts
Listed by Coldwell Banker | The Property Exchange
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