Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    245 Storey Blvd Cheyenne, WY 82009

    For Sale
    $3,800,000

    Commercial - Cheyenne, WY

    Property size:
    9,636 SF
    Lot size:
    0.69 Acres
    Days on Market:
    186
    Last Refresh:
    Dec 11 at 9:06 pm

    Property Features for 245 Storey Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Appliances
    Other
    Size
    9,636 SF
    Lot size
    0.69 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air, Hot Water (Heating), Natural Gas

    Building Details

    Year built
    2017
    Floors in Building
    2
    Building materials
    Frame, Other
    Roof type
    Asphalt, Composition, None
    Architectural style
    Other

    #1 Properties (307) 634-2222 [email protected]

    Listing agent Jim Weaver (307) 634-2222

    Listing date Jun 9, 2025

    MLS# 97406 Listing URL

    Copyright © 2025 Cheyenne Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cheyenne Office Building For Sale

    This commercial property in Cheyenne, Wyoming, is available for sale and is operating under an absolute NNN lease with approximately 4 years remaining on a 5-year extension of an initial 7-year lease. The property yields a 5.4% CAP rate and is backed by a corporate guarantee from First American Title Insurance Company. The building spans 9636 square feet and is situated on a 0.69-acre lot. The interior layout includes 20 large professional offices, 6 conference rooms, and a 700-square-foot training center. Additional features include a large break room, a climate-controlled IT room, a 750-square-foot reception area, and a 275-square-foot storage room. The property offers shared parking and is fully ADA compliant, including a passenger elevator.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    First American Title ... Title Company

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cheyenne
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.824348
    Latitude
    41.1740349

    Nearby Similar for Sale

    • New
      $570,000
      5.10 Acres

      Cheyenne Home on Fenced Acreage

      Four-bedroom home on 5.1 acres, 15 minutes from Cheyenne.
      1532 Skyway Ave, Cheyenne, WY 82009
      View Details
    • $998,000
      2.50 Acres

      Cheyenne Dream Home on Acreage

      Elegantly designed home on 2.5 acres with high-end upgrades.
      6758 Spencer Dr, Cheyenne, WY 82007
      View Details
    • New
      $745,000
      4.84 Acres

      Cheyenne Ranch-Style Retreat on Acreage

      Spacious 5-bedroom ranch on 4.84 acres near Cheyenne.
      11107 Stadel Rd, Cheyenne, WY 82009
      View Details
    • $785,000
      4.41 Acres

      Immaculate Cheyenne Ranch Home

      Three-year-old home with upgrades, plantings, and a finished garage.
      6424 Blue Roan Rd, Cheyenne, WY 82007
      View Details
    • $1,149,000
      8.11 Acres

      Luxury Rural Estate with Outbuilding

      Estate on 8.11 acres with 5-bed home and outbuilding.
      2500 Moonlight Ct, Cheyenne, WY 82009
      View Details
    • $2,350,000
      160.00 Acres

      Wyoming Ranch Estate on 160 Acres

      Luxury ranch estate with custom log home and outbuildings.
      3888 Road 207, Cheyenne, WY 82009
      View Details

    FAQs

    What type of property is this?
    Office building - NNN lease office building with corporate guarantee in Cheyenne, WY.
    Where is this office building located?
    The property is located at 245 Storey Blvd Cheyenne, WY.
    What is the asking price?
    The asking price for this property is $3,800,000.
    What are key features of this property?
    This property features: - Absolute NNN lease with 4 years remaining and corporate guarantee from First American Title Insurance Company.; - 5.4% CAP rate.; - Built in 2017, ensuring modern construction.
    (307) 634-2222
    Request Owner's contact information
    245 Storey Blvd Cheyenne, WY 82009
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    245 Storey Blvd
    Cheyenne, WY 82009
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    245 Storey Blvd Cheyenne, WY 82009
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.