Flex Warehouse with
1310 Southwest Dr Cheyenne, WY 82007
For Sale
Contact for pricing
This flex-style commercial property includes an office building with a kitchen and attached garage/shop, plus an insulated, heated warehouse outbuilding.
Property Size4,986 SF
Price / SF$160.25
Days on Market66
Property Features for 1310 Southwest Dr
General Information
- Standard status
- Active
- Size
- 4,986 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 1938
Listing Agency:
Coldwell Banker | The Property Exchange
Listed By:
Lexi Leckemby · License #WY
Source:
Crexi
Added: May 19
Changed: Jul 23
Last Checked: Jul 23 at 5:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker | The Property Exchange
Investment Insights
Based on property information with market context.
This flex-style commercial property offers a large office building with a kitchen, reception area, private office space, restrooms, and attached garage/shop space. The site also includes an insulated and heated warehouse/outbuilding with an overhead door, supported by three-phase power capabilities and generator support.
The property is located just minutes from the I-80 & I-25 interchange, providing straightforward access to regional transportation routes. It is serviced by two wells, including a dedicated well for the office building and a high-volume commercial well.
Additional materials are available for an unbuilt steel building, with components included for $75,000. The overall layout and improvements are designed to support a range of commercial uses.
The property is located just minutes from the I-80 & I-25 interchange, providing straightforward access to regional transportation routes. It is serviced by two wells, including a dedicated well for the office building and a high-volume commercial well.
Additional materials are available for an unbuilt steel building, with components included for $75,000. The overall layout and improvements are designed to support a range of commercial uses.
Key Highlights
- Just under 2 acres with a flex‑style setup: office building plus insulated, heated warehouse/outbuilding
- 1938‑built office includes kitchen, reception area, private office space, restrooms, and attached garage/shop space
- 2,201 SF insulated and heated warehouse/outbuilding with overhead door
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.3k | $10.08 |
| − Vacancy | −$9.8k | −$1.97 |
| EGI | $40.5k | $8.11 |
| − OpEx | −$6.1k | −$1.22 |
| NOI | $34.4k | $6.90 |
4,986 SF · lease $10.08/SF/yr · vacancy 19.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$491.3K
$429.9K – $573.2K
NOI $34,390 @ 7.0% cap · market cap 4.30%
Second Best
Industrial
$404.6K
$354.0K – $472.0K
NOI $28,321 @ 7.0% cap · market cap 3.54%
Theoretical Best
Retail
$817.0K
$714.9K – $953.2K
NOI $57,193 @ 7.0% cap · market cap 7.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Roberts Signs & Lighting ...
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Flex space - This flex-style commercial property includes an office building with a kitchen and attached garage/shop, plus an insulated, heated warehouse outbuilding.
Where is this flex space located?
The property is located at 1310 Southwest Dr Cheyenne, WY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Just under 2 acres with a flex‑style setup: office building plus insulated, heated warehouse/outbuilding; 1938‑built office includes kitchen, reception area, private office space, restrooms, and attached garage/shop space; 2,201 SF insulated and heated warehouse/outbuilding with overhead door
