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    1904 15Th St Cheyenne, WY 82001

    For Sale
    $499,000

    Prime 0.23-acre commercial lot. High-growth potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional commercial property, located at 1904 E 15TH ST in Cheyenne, Wyoming, presents a unique investment opportunity. Situated on a sizable 0.23-acre lot, this general commercial property offers significant potential for a variety of uses. The property's address places it within a dynamic area of Cheyenne, providing excellent visibility and accessibility. The asking price is $499,000, representing a compelling entry point into the Cheyenne commercial real estate market. While the square footage of the building is not currently specified, the substantial lot size allows for considerable development or expansion possibilities. This makes it an ideal choice for entrepreneurs seeking a strategic location to establish their business or for investors looking to capitalize on the growing Cheyenne economy. The property's location offers easy access to major transportation routes, ensuring convenient commutes for employees and customers alike. Further due diligence is encouraged to fully assess the potential of this promising commercial property. Serious inquiries are welcome. The property is offered as-is.

    Property Features for 1904 15Th St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    10,019 SF

    Building Details

    Year Built
    1974
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    PeachTree Preschool School

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cheyenne
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.7951
    Latitude
    41.13943

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 0.23-acre commercial lot. High-growth potential.
    Where is this commercial real estate located?
    The property is located at 1904 15Th St Cheyenne, WY.
    What is the asking price?
    The asking price for this property is $499,000.
    Request Owner's contact information
    1904 15Th St Cheyenne, WY 82001
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    Cheyenne, WY 82001
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    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
    1904 15Th St Cheyenne, WY 82001
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