Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Brees Fld Laramie, WY 82070

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $340,000

    Property Features for Brees Fld

    General Information

    Property type
    Other commercial real estate
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1930

    We can help!

    Listing Contact
    Mike Hutton

    Listing Agency: Century 21 Bell Real Estate Listing Agent: Mike Hutton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Laramie
    County
    Albany County
    State
    Wyoming
    Longitude
    -105.7199
    Latitude
    41.2491

    Nearby Similar for Sale

    • $720,000
      2,811 SF

      Laramie Ranch with ADU and Shop

      35-acre Laramie property with modular home, ADU, and shop.
      263 2 Rivers Rd, Laramie, WY 82070
      View Details
    • $3,645,000
      29,760 SF

      Laramie Industrial Flex Space

      Four-building industrial complex with office, lab, flex, and warehouse space.
      2931 Soldier Springs Rd, Laramie, WY 82070
      View Details
    • $875,000
      12,400 SF

      Restaurant building

      Laramie Building with Restaurant & Multiuse Units For Sale in Downtown Area
      207 S. 3rd Street, Laramie, WY 82070
      View Details
    • $3,450,000

      Established Restaurant and Brewery Opportunity

      Restaurant, brewery, and sports bar in downtown Laramie, Wyoming.
      201 E Custer St, Laramie, WY 82070
      View Details
    • $650,000
      0.36 Acres

      Prime Laramie Commercial Trio

      Three Buildings, .36 Acres, $650,000
      259 Fremont St, Laramie, WY 82070
      View Details
    • $1,500,000
      1,820 SF

      Laramie Commercial Fuel Station Investment

      High-traffic I-80 fuel stop, great ROI.
      1508 3Rd St, Laramie, WY 82070
      View Details
    • $990,000
      0.38 Acres

      Laramie Restaurant - Turn-Key Opportunity

      High-Visibility Restaurant, 1760 SF, .38 Acres
      1501 3Rd St, Laramie, WY 82070
      View Details
    • Contact for pricing
      1,290 SF

      Laramie Flex/Warehouse Units

      Modern flex & warehouse spaces for sale/lease.
      2000 15Th St, Laramie, WY 82070
      View Details
    • Contact for pricing
      22,881 SF

      Laramie Medical Office Space For Lease

      Prime Medical Office, Laramie, WY - NNN Lease
      204 Mccollum St, Laramie, WY 82070
      View Details
    • $1,350,000
      2.87 Acres

      University Ave Commercial Complex

      Laramie, WY: Multi-Building Investment
      460 University Ave, Laramie, WY 82070
      View Details
    • Contact for pricing
      0.64 Acres

      Prime Laramie Commercial Land

      0.64-acre lot, ideal for development. High-traffic location.
      320 Grand Ave, Laramie, WY 82070
      View Details
    • Contact for pricing
      2.01 Acres

      Laramie, WY Commercial Land Opportunity

      2.01 Acres, Prime Commercial Location
      204 Mccollum Dr, Laramie, WY 82070
      View Details

    FAQs

    Where is this commercial real estate located?
    The property is located at Brees Fld Laramie, WY.
    What is the asking price?
    The asking price for this property is $340,000.
    Request Owner's contact information
    Brees Fld Laramie, WY 82070
    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.
    Brees Fld
    Laramie, WY 82070
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Brees Fld Laramie, WY 82070
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Mike Hutton
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!