$7,200,000
5 Lane Lane
Sheridan, WY 82801
MLS# 21-508
87843 sqft


5 Lane Lane, Sheridan, WY 82801
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Property Description
This picturesque, conveniently located, one-of-a-kind property presents a unique opportunity in Sheridan County to create your own paradise. Currently zoned as Urban and Rural Residential, sectioned into numerous varying parcel sizes, the prospects are endless with this property. Whether your vision is to subdivide and develop as a major investment opportunity, open a private school, or settle down and raise livestock, the ability to be creative is unlimited. Click MORE for additional information

Details
Documents
Listing Information
Current Price: $7,200,000
Status: Active
List Price: $7,200,000
Begin Date: 2021-05-28
Agent Owned: N
Sign on Property: 1
Property Information
Realtor.COM Type: Commercial
Acres: 227.75
Lot Size: 9920790
Elem Sch: School District #2
JH/Mdl Sch: School District #2
High Sch: School District #2
Type: Other
Main SqFt: 87843
Total Finished Sq Ft: 87843
Location, Legal & Taxes
Number: 5
Street: Lane
Street Suffix: Lane
State: WY
Zip: 82801
Subdivision: Perkins
Mls Area: County
County: Sheridan
Zoning: Urban Residential
Legal Description: Lengthy: Contact listing agent
Remarks & Directions
Directions: From Main street travel 3.4 Miles west on W. Loucks St. Turn left on Lane Ln.
Closing/Financing
Contingency: Inspection
Rights
Water Rights: Yes
Water Rights Info: See Listing agent
Fee/Assessments
HOA Fee: No
Disclosures
Flood Insurance: Not Verified
Inspection(s): Yes
Lead Base Paint: Yes
Property Features
Water Type: Private Well; SAWS
Sewer Type: Septic
Fuel Type: Natural Gas
Heat Type: Gas Forced Air; Radiator
AC Type: Central Air
Roof Type: Composite Asphalt; Metal
Exterior: Combination
Property Features: Creek; Cross Fencing; Electricity; Manual Sprinkler; Mountain View; Partially Fenced; Pond; River Frontage; Rolling Hills; Sprinkler; Utility Shed; Wooded Acreage
Acceptable Financing: Cash; Conventional
Supplements
Known as Normative Services Inc. (NSI), a non-profit organization that provides individual and family therapy as well as life skills training, the property acts as a home base for operations. The property has been added on to over the years by the Board of Directors and other charitable donors, now encompassing over 227 acres with beautiful mountain views and an incredible location, just three minutes west from downtown Sheridan, Wyoming. Now, for the first time, it is being offered for sale as a whole. For explanatory purposes, the property will be described in four divisions: the Meadows, the Ranch, the Campus and the Creekside Home. The Meadows: The Meadows is a cluster of six homes built in 2001, all either 4 bedroom, 2.5 bath or 4 bedroom, 3 bath. The Meadows is located on 18 acres of productive hay meadows with clear views of the mountains, which can be further developed for other uses. The homes have historically been used for staff housing at NSI, but an investor could potentially divide and sell the six homes or simply rent them at premium rates. The Ranch: The Ranch lies on 135+/- acres along the rolling foothills of the Bighorn Mountains with Big Goose Creek winding through it. The entire parcel is zoned Urban Residential creating an opportunity for subdividing. This piece of the property includes a 3 bedroom, 2 bathroom log-built home, an insulated 1800 sq. ft. Cleary shop, loafing sheds for livestock and a stunning, original hip-roof barn, the true essence of an historic property! Running along the bottom of the Ranch is nearly a half mile of Big Goose Creek, which currently provides irrigation to 20+/- acres of hay meadow. Heading south on the Ranch, you begin to meander into rolling hills with mature grass, a productive spring and amazing mountain views perfect for cattle to roam or to create an established set of hiking trails for whatever purpose may take place on the Campus. The Campus: One of the most unique set of improvements of any property you will come across. This division is called the Campus, as it was the central area of operations for NSI. A quick glance over the buildings includes a main office, football field and track with stadium seating, seven dormitory dwellings, five of which have classroom wings, numerous shop buildings, a medical center with attached home, and a basketball stadium with attached cafeteria and full commercial kitchen. Spreading across over 45 acres, the Campus could continue its life as a private school, or easily be converted to a youth retreat or a church camp; the possibilities are numerous. Alternatively, this picturesque location with nearly a half mile of Big Goose Creek frontage has potential for being developed into an affordable housing subdivision with existing septic systems, natural gas and municipal water already in place in. The Creekside Home: The Creekside Home is the final division of the property, already separated onto its own 29 + -acre lot. Approximately 20 acres of the property is currently a productive irrigated hay meadow, which includes a loafing/hay storage shed, a small home and over 1,200 ft. of Big Goose Creek frontage. This lot can easily be turned into a small ranchette close to town, or potentially subdivided into smaller lots, as it is zoned Rural Residential. Conversely, if the property were to be developed as a private school or youth camp, there is a unique opportunity to incorporate agricultural education, such as hay and crop production, irrigation, livestock production and even a perfect location for building greenhouses for gardening. Let your creativity flow as you tour this amazing, unprecedented property where the opportunities are truly boundless!

Listing Office: CENTURY 21 BHJ Realty, Inc.

Office Email: yourfriends@century21bhj.com

Last Updated: July - 19 - 2021

5 Lane Lane, Sheridan, WY 82801 - MLS# 21-508

Information is deemed to be reliable, but is not guaranteed. All measurement are approximate.