Rare opportunity to acquire the Morrison Ranch development, a highly desirable location that combines immediate sales potential with long-term growth. The property includes 2 ready-to-sell lots, over 29 acres of undeveloped land, and approximately 11.5 acres of natural open space. With breathtaking mountain views and close proximity to town, Morrison Ranch is an ideal setting for new home construction in one of the fastest-growing counties in the state. The development also offers diverse future possibilities, including valuable high-traffic frontage along Big Horn Avenue and nearly 30 acres of residential development potential. Whether you're seeking ready to sell inventory, large-scale residential expansion, or mixed-use development, Morrison Ranch delivers both immediate returns and a strong opportunity for continued growth. Its combination of location, scale, and flexibility makes this a truly unique investment opportunity.
Vacant landProperty Type
40 acresLot Size
$222,547Price/Acres
Listed by Peter Mead• Chase Brothers, LLC
Listed by Chase Brothers, LLC Chase• Chase Brothers, LLC
Rare opportunity to acquire the Morrison Ranch development, a highly desirable location that combines immediate sales potential with long-term growth. The property includes 2 ready-to-sell lots, over 29 acres of undeveloped land, and approximately 11.5 acres of natural open space. With breathtaking mountain views and close proximity to town, Morrison Ranch is an ideal setting for new home construction in one of the fastest-growing counties in the state. The development also offers diverse future possibilities, including valuable high-traffic frontage along Big Horn Avenue and nearly 30 acres of residential development potential. Whether you're seeking ready to sell inventory, large-scale residential expansion, or mixed-use development, Morrison Ranch delivers both immediate returns and a strong opportunity for continued growth. Its combination of location, scale, and flexibility makes this a truly unique investment opportunity.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
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Vacant Land
County
Sheridan County
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Last updated by owner on Jul 21, 2026.
PUD
Planned Unit Development
The purpose of the Planned Unit Development is to provide flexibility in the planning and construction of development projects by allowing a combination of uses developed in accordance with an approved plan that protects adjacent properties. It is the expectation that PUDs will also provide opportunities to create more desirable environments through the application of flexible and diversified land development standards under a professional, prepared master plan and program. The PUD is intended to be used to encourage the application of new techniques and new technology to community development, which will result in superior living or development arrangements with lasting values. It is further intended to achieve economics in land development, maintenance, street systems, and utility networks; while providing building groupings for privacy, usable, open spaces, and vehicle and pedestrian circulation for the inhabitants. Specifically, the goals of a PUD are to: Support the goals and policies of the City Master Plan; Create an environment on a site that contributes to a sense of community and a coherent living style; Protect natural and cultural resources; Protect natural features; Create a more efficient use of the land; Provide more appropriate infill development; Reduce traffic demand; Provide more open space; and Provide for more efficient infrastructure.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
4% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 92° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Sheridan, WY • 82801
Average low and high temperatures (°F)
38
16
40
14
56
29
57
32
69
41
76
49
86
56
86
55
81
46
65
34
49
24
45
22
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Jun
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Sun exposure
99/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.7 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for Morrison Ranch Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More