Cheyenne, WY has experienced sustained economic growth over the last 20+ years thanks to large government operations bringing jobs and investment as well as its strategic location as a major transportation hub. This along with breathtaking nature, great schools, and a small-town atmosphere make Cheyenne the gem of the west!
Highlights
Preferred 13%+ Return
100+ Acres for Development
90 minutes from Denver
Ideal tax and regulatory climate
Residential, multifamily, land development opportunities
Growing Economy
Cheyenne Wyoming is quickly becoming an economic stronghold in the central North American region. Where many areas of the country have experienced economic difficulties in the last year, Cheyenne is holding strong. Much of this can be attributed to the presence of large military investment via the Warren Air Force base as well as recent developments such as a $90 Billion investment in more military facilities. Following this, we are likely to see other types of economic investments in the forms of data centers, energy production, and logistics.
Tax Advantages
Wyoming has taken a novel approach to foster economic development. Where some states construct tax regulations to cater to specific business interests, Wyoming has made it a priority to keep the tax burden as low as possible for all businesses. The Tax Foundation again ranked Wyoming #1 for the 2020 State Business Tax Climate Index.
No state corporate income tax
No individual income tax
No corporate state income taxes
No inventory taxes
No sales tax on manufacturing equipment
No sales tax on electricity and gas used in the manufacturing process
No state or local gross receipts tax
Low sales tax (4% state + 2% county)
Low property taxes
Strategic Location
Cheyenne is the largest and fastest-growing city in Wyoming and it has an ideal location both for natural wonders and to promote economic synergy. Cheyenne manages a transportation triple play with the intersection of Interstates 80 and 25, Union Pacific and BNSF railroads, and Denver International Airport (DIA) on 90-minutes away. Beyond its ideal location, Cheyenne enjoys an ideal climate given its altitude as well as a clean environment due to its relative size compared to other larger urban areas.
Infrastructure
Cheyenne stands apart from many other regional and national cities, where other larger cities struggle with maintaining and revamping depreciated economic areas, Cheyenne can look toward the future due to its historically small size and rapid growth. Cheyenne has been able to take funds that would normally go to upkeep and repaid and invest in the quality of life initiatives such as expanded parks, downtown historic districts, and new schools and community college facilities, and a $1.46 million expansion to the Greater Cheyenne Greenway.
We would love the opportunity to share more about this exciting project with you. The next step is for us to set up a short call to go over all of your questions and concerns as well as share with you key information that will aid you in your review of this opportunity.