Sizable Office
For Sale
$2,750,000
1780 Westland Rd, Cheyenne, WY 82007
Multi-building office campus available for sale in Cheyenne, offering room for an operating company or portfolio use.
Property Size23,994 SF
Price / SF$114.61
Days on Market225
Property Features for 1780 Westland Rd
General Information
Standard status
Active
Size
23,994 SF
Property subtype
Commercial
Building Details
Year Built
1977
Listing Agency:
Coldwell Banker, The Property Exchange
Listed By:
Lexi Leckemby · License #RE-16148
(307) 214-7050
Source:
Cheyennehomesource
Added: Mar 4
Changed: Oct 1
Last Checked: Oct 14 at 11:08PM
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 for-sale office campus is described as sizable, providing a multi-building office setup suited for tenant and owner-operator needs. As an office property, the improvements are positioned to support day-to-day workplace functions across the campus rather than a single, standalone structure.
The property is located at 1780 Westland Road in Cheyenne, Wyoming. Its address provides straightforward access for business traffic associated with office use.
For tenants and buyers evaluating office space, the campus configuration can be practical when you need flexibility across multiple offices or teams, or when you are considering an ownership strategy for a consolidated office footprint. Prospective buyers can review the campus layout and building count on-site to confirm how the existing office arrangement aligns with their staffing, rooming, and operational workflow goals.
The property is located at 1780 Westland Road in Cheyenne, Wyoming. Its address provides straightforward access for business traffic associated with office use.
For tenants and buyers evaluating office space, the campus configuration can be practical when you need flexibility across multiple offices or teams, or when you are considering an ownership strategy for a consolidated office footprint. Prospective buyers can review the campus layout and building count on-site to confirm how the existing office arrangement aligns with their staffing, rooming, and operational workflow goals.
Key Highlights
- Multi‑building office campus for sale in Cheyenne, WY
- Year built: 1977
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$122,403
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,448,060
$2.4M
Cap Rate 7%
$1,748,614
$1.7M
Cap Rate 9%
$1,360,033
$1.4M
Market Conditions
NOI Build-Up for 23,994 SF
Gross rent
$192.9K $8.04/SF
− Vacancy
−$29.7K −$1.24/SF
EGI
$163.2K $6.80/SF
− OpEx
−$40.8K −$1.70/SF
NOI
$122.4K $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%
$2,448,060
Cap Rate 7%
$1,748,614
Cap Rate 9%
$1,360,033
Alternative Uses
Best Use
Office B
$1.75M
$1.53M – $2.04M
NOI $122,403 @ 7.0% cap · market cap 4.45%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$3.93M
$3.44M – $4.59M
NOI $275,226 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
212
Businesses Nearby
Explore this area
Business Placement
Demographics for 82007, WY
21,249
Population
9,542
Households
2.2
Avg Household Size
35
Median Age
16%
College-Educated
89%
High-School Grad
193.8 sq mi
ZIP Area
110
Density / Sq Mi
$55,461
Median Household Income
$35,537
Median Earnings
$1,120
Median Rent
$218,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Multi-building office campus available for sale in Cheyenne, offering room for an operating company or portfolio use.
Where is this office building located?
The property is located at 1780 Westland Rd Cheyenne, WY.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Multi‑building office campus for sale in Cheyenne, WY; Year built: 1977
