About This Home

This 0-bedroom, 0-bathroom commercial at 2401 S GREELEY HWY in Cheyenne, WY is listed for $850,000 ($162 per sqft). Built in 1996, the home offers 5,250 sqft of living space on a 0.50 acres lot.

Key Features

  • Built in 1996
  • 0.50 acre lot

Property Details

1996
Listing Description

Excellent opportunity to acquire a leased commercial investment along the highly visible S. Greeley Highway corridor in Cheyenne. Offered at $850,000, this property includes an approximately 5,250-square-foot commercial building situated on approximately 0.5 acre.

The building is currently leased on a NNN basis, providing an attractive 8.03% cap rate based on the asking price. The NNN lease structure provides investors with predictable rental income while shifting many property-level operating expenses to the tenant.

The property offers excellent visibility and convenient access along one of south Cheyenne's established commercial corridors. With an existing tenant in place, strong income relative to the asking price, and a manageable commercial footprint, this offering provides an attractive opportunity for investors seeking immediate cash flow without taking on a larger development project. Offered at $850,000. Approximately 5,250 SF building on 0.5 acre NNN leased investment.

Monthly Cost Estimate

$4,546/mo

20% down · 6.5% · 30 years

Principal$615
Interest$3,683
Insurance$248

Estimates only. Actual payments may vary.

Location

2401 S GREELEY HWY

Cheyenne, WY 82007

Property Details

Construction

Frame

Appliances

BuildingFixturesLand

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2401 S GREELEY HWY is listed at $850,000 ($162/sqft). The estimated monthly payment is $4,546 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1996, 0.50 acre lot.

This property is listed by Ben Rayl.

BR

Ben Rayl

Agent at #1 Properties

Listed by #1 Properties · Broker phone: (307) 634-2222 · Broker website

MLS# 102333· Source: Cheyenne MLS· 19 days on PropertySimple

Copyright © 2026 Cheyenne MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2401 S GREELEY HWY, Cheyenne, WY 82007

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