Retail Strip
For Sale
$2,195,000
2206 Dell Range Blvd, Cheyenne, WY 82009
For sale retail strip center with approximately 11,783 square feet of space in Cheyenne, Wyoming.
Property Size11,783 SF
Price / SF$186.29
Days on Market407
Property Features for 2206 Dell Range Blvd
General Information
Standard status
Active
Size
11,783 SF
Property subtype
Commercial
Building Details
Year Built
1985
Listing Agency:
One West Real Estate
Listed By:
Shelley Clements
Source:
Cheyennehomesource
Added: Sep 9, 2025
Changed: Oct 1
Last Checked: Oct 19 at 7:08AM
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 One West Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail strip center is offered for sale and totals approximately 11,783 square feet of commercial space.
The property is located at 2206 Dell Range Blvd in Cheyenne, Wyoming. Please complete the inquiry request for additional information on the available layout and details.
The property is located at 2206 Dell Range Blvd in Cheyenne, Wyoming. Please complete the inquiry request for additional information on the available layout and details.
Key Highlights
- Retail strip center for sale in Cheyenne, Wyoming
- Approximately 11,783 square feet of space
- Year built: 1985
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$135,158
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,703,160
$2.7M
Cap Rate 7%
$1,930,829
$1.9M
Cap Rate 9%
$1,501,756
$1.5M
Market Conditions
NOI Build-Up for 11,783 SF
Gross rent
$219.2K $18.60/SF
− Vacancy
−$26.1K −$2.21/SF
EGI
$193.1K $16.39/SF
− OpEx
−$57.9K −$4.92/SF
NOI
$135.2K $11.47/SF
Area
Laramie County, WY
Vacancy
11.90%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,703,160
Cap Rate 7%
$1,930,829
Cap Rate 9%
$1,501,756
Alternative Uses
Best Use
Retail
$1.93M
$1.69M – $2.25M
NOI $135,158 @ 7.0% cap · market cap 6.16%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
624
Businesses Nearby
Explore this area
Business Placement
Demographics for 82009, WY
35,700
Population
15,361
Households
2.3
Avg Household Size
44
Median Age
41%
College-Educated
96%
High-School Grad
1,277.8 sq mi
ZIP Area
28
Density / Sq Mi
$102,727
Median Household Income
$57,157
Median Earnings
$1,106
Median Rent
$415,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Strip mall - For sale retail strip center with approximately 11,783 square feet of space in Cheyenne, Wyoming.
Where is this strip mall located?
The property is located at 2206 Dell Range Blvd Cheyenne, WY.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: Retail strip center for sale in Cheyenne, Wyoming; Approximately 11,783 square feet of space; Year built: 1985
