Exceptional investment opportunity in one of Sheridan's most versatile locations. This 1-acre parcel features valuable 1st Ave. frontage, making it ideal for commercial or mixed-use development. It has street access from 1st & 2nd Ave. plus water rights. The property currently includes a 3-bedroom, 1.5-bath home—offering fixer-upper potential or a clean slate for redevelopment. With possible commercial zoning opportunities (buyer to verify), this is a rare chance to capitalize on Sheridan's growth. Whether you're considering residential units, commercial space, or a live/work concept, the flexibility of this level lot makes it a rare find. Properties with this kind of potential don't come along often. Bring your vision, and unlock the value of this strategic location today
For sale
$499,000
1039 2nd Ave E, Sheridan, WY 82801
3beds
2baths
1,760sqft
Est.:
Stick Built, Residential
Built in 1972
1 Acres Lot
$491,200 Zestimate®
$284/sqft
$-- HOA
What's special
Clean slate for redevelopmentFixer-upper potentialWater rights
- 29 days
- on Zillow |
- 746 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: July 09, 2025 at 09:00am
Listed by:
Cory T. Arnold 817-894-7552,
Chase Brothers, LLC
Source: Sheridan County BOR,MLS#: 25-651

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Gas Forced Air, Natural Gas
Features
- Basement: None
- Has fireplace: Yes
- Fireplace features: # of Fireplaces
Interior area
- Total structure area: 1,760
- Total interior livable area: 1,760 sqft
- Finished area above ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Concrete
- Attached garage spaces: 2
Lot
- Size: 1 Acres
Details
- Parcel number: R0005775
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Stick Built, Residential
Materials
- Wood Siding
Condition
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Phone Available
Community & HOA
Community
- Subdivision: NONE
Location
- Region: Sheridan
Financial & listing details
- Price per square foot: $284/sqft
- Tax assessed value: $420,885
- Annual tax amount: $2,860
- Date on market: 7/7/2025
- Electric utility on property: Yes
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