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    Industrial Storage Shop Facility Title is generated by Realmo AI

    1715 N Gould Street, Sheridan, WY 82801

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    For Sale
    $325,000

    COMMERCIAL - Sheridan, WY

    Property size:
    2,400 SF
    Price / SF:
    $135/SF
    Added:
    Nov 4, 2025
    Days on Market:
    210
    Last Refresh:
    Jun 2 at 7:06 pm

    Property Features for 1715 N Gould Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Property condition
    Under Construction
    Zoning
    B2
    Exterior features
    Metal
    Standard status
    Active
    Size
    2,400 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    2025
    Building materials
    Metal Siding

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    Listing Contact
    Team Valdez

    Listing agent Team Valdez

    Listing office Summit Realty Group Inc. 1263 Coffeen Ave, Sheridan, WY

    Listing date Nov 4, 2025

    MLS# 25-1153

    Copyright © 2026 Sheridan County Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Under construction 30' x 80' premium shop & storage unit offering built in 2025
    • Each unit includes a 14' x 14' overhead door and a full concrete floor apron
    • 150‑amp, 3‑phase electrical service provided for each unit
    • RV‑ready features include an RV hookup and RV/sewer drain
    • Units include a 3/4 bath and two utility sinks plus LED lighting
    • Public water and public sewer available; metal siding with natural gas heating

    Overview

    This premium 30’x80’ shop and storage facility is designed for low-impact operations, vehicle storage, and hands-on work. Each unit features a 14’x14’ overhead door for straightforward drive-in access, along with a full concrete floor apron. Interior and exterior readiness is supported by a 150-amp, 3-phase electrical service and LED lighting. Utility support includes an RV hookup with RV/sewer drain, plus a 3/4 bath with two utility sinks, making the units well-suited for restoring, servicing, or maintaining classic cars, small business equipment, and larger recreational vehicles.

    The property is located at 1715 N Gould Street in Sheridan, WY, with B2 zoning listed for the site. The concrete apron and roll-up overhead doors support practical day-to-day use for tenants who need both storage and a functional workspace.

    For buyers seeking an owner-user or operator opportunity, the layout fits a range of uses where storage and working space are both important. The combination of vehicle-friendly access, robust electrical service, and dedicated RV plumbing can appeal to classic car enthusiasts and businesses looking to store and handle specialty equipment or larger recreational vehicles on-site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Sheridan
    County
    Sheridan
    State
    Wyoming
    Longitude
    -106.953485
    Latitude
    44.816554

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    FAQs

    What type of property is this?
    Self storage facility - Purpose-built shop and storage units with drive-in doors, electrical service, and utility hookups for specialty vehicle and small business use.
    Where is this self storage facility located?
    The property is located at 1715 N Gould Street Sheridan, WY.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: Under construction 30' x 80' premium shop & storage unit offering built in 2025; Each unit includes a 14' x 14' overhead door and a full concrete floor apron; 150‑amp, 3‑phase electrical service provided for each unit
    (307) 673-0641
    We can help!
    Listing Contact
    Team Valdez
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    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.

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