Main-Floor Office
For Sale
Contact for pricing
1607 E 19th St, Cheyenne, WY 82001
Professional office layout with private offices, reception, kitchen area, and on-site parking.
Property Size3,800 SF
Price / SF$1.38
Days on Market105
Property Features for 1607 E 19th St
General Information
Standard status
Active
Size
3,800 SF
Additional Details
Floor
Main Floor
Taxes and HOA fees
Annual Taxes
$6,595
Building Details
Abandoned
No
Listing Agency:
Preferred Management
(307) 638-7232
Listed By:
Amy Surdam
(307) 421-7277
Source:
Exprealty
Added: Jul 8
Changed: Oct 2
Last Checked: Oct 19 at 7:30AM
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 Preferred Management
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Investment Insights
Based on property information with market context.
This approximately 3,800-square-foot office property occupies the main floor and is arranged for professional, administrative, nonprofit, or medical office use. The layout includes a reception area with built-in desk, 11 private offices, 3 bathrooms, and a kitchen or break area. Main-floor access supports convenient entry for staff, clients, and visitors.
The property is located at 1607 E 19th St in Cheyenne, Wyoming. An on-site parking lot is supplemented by additional parking at the rear, providing parking capacity for employees and client visits. Nearby business, dining, and service amenities add convenience for occupants and visitors.
The property is located at 1607 E 19th St in Cheyenne, Wyoming. An on-site parking lot is supplemented by additional parking at the rear, providing parking capacity for employees and client visits. Nearby business, dining, and service amenities add convenience for occupants and visitors.
Key Highlights
- Approximately 3,800 SF of main‑floor office space
- 11 private offices with built‑in reception desk
- 3 bathrooms and a kitchen or break area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,385
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,700
$387.7K
Cap Rate 7%
$276,929
$276.9K
Cap Rate 9%
$215,389
$215.4K
Market Conditions
NOI Build-Up for 3,800 SF
Gross rent
$30.6K $8.04/SF
− Vacancy
−$4.7K −$1.24/SF
EGI
$25.8K $6.80/SF
− OpEx
−$6.5K −$1.70/SF
NOI
$19.4K $5.10/SF
Area
Laramie County, WY
Vacancy
15.40%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,700
Cap Rate 7%
$276,929
Cap Rate 9%
$215,389
Alternative Uses
Best Use
Office B
$276.9K
$242.3K – $323.1K
NOI $19,385 @ 7.0% cap · market cap 371.00%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$622.7K
$544.9K – $726.5K
NOI $43,588 @ 7.0% cap · market cap 834.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,151
Businesses Nearby
Explore this area
Business Placement
Demographics for 82001, WY
37,528
Population
17,977
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
95%
High-School Grad
55.1 sq mi
ZIP Area
681
Density / Sq Mi
$74,149
Median Household Income
$45,456
Median Earnings
$1,044
Median Rent
$291,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Professional office layout with private offices, reception, kitchen area, and on-site parking.
Where is this office unit located?
The property is located at 1607 E 19th St Cheyenne, WY.
What are key features of this property?
This property features: Approximately 3,800 SF of main‑floor office space; 11 private offices with built‑in reception desk; 3 bathrooms and a kitchen or break area
