Industrial Property with Fenced
For Sale
Contact for pricing
2302 W Lincolnway, Cheyenne, WY
Well-maintained industrial property with flexible space and secure yard.
Property Size12,608 SF
Lot Size1.74 Acres
Price / SF$109.93
Days on Market365
Property Features for 2302 W Lincolnway
General Information
Standard status
Active
Size
12,608 SF
Lot size
1.74 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Coldwell Banker Commercial | The Property Exchange
(307) 460-0563
Listed By:
James Bowers · License #EA100042752
(307) 460-0563
Source:
Moodyscre
Added: Aug 6, 2025
Changed: Jul 6
Last Checked: Jul 31 at 1:06PM
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 Commercial | The Property Exchange
Investment Insights
Based on property information with market context.
This industrial property, zoned CB, offers flexible sizing options. It features a large, securely fenced yard area suitable for outdoor storage, equipment staging, or secure vehicle parking. Interior features include bright, heated workspaces, a drive-through heated wash bay with 14' doors, a dock-height loading door, and a drive-up ramp. The property is positioned in a high-visibility commercial area near major retailers such as Home Depot and Outback Steakhouse, benefiting from strong traffic flow. Rear access via a secondary road enhances maneuverability for larger vehicles and freight handling. It is located minutes from both I-25 and I-80, making it suitable for logistics, distribution, light manufacturing, or service-based businesses. The property is well-suited for companies looking to expand, relocate, or establish a long-term operational base.
Key Highlights
- Excellent location with immediate access to I‑25 and I‑80, ideal for logistics and distribution.
- Flexible CB zoning and sizing options to accommodate various business needs.
- Large, securely fenced yard area suitable for outdoor storage, equipment staging, or secure vehicle parking.
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 | $127.1k | $10.08 |
| − Vacancy | −$24.8k | −$1.97 |
| EGI | $102.3k | $8.11 |
| − OpEx | −$15.3k | −$1.22 |
| NOI | $87.0k | $6.90 |
12,608 SF · lease $10.08/SF/yr · vacancy 19.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.24M
$1.09M – $1.45M
NOI $86,960 @ 7.0% cap · market cap 6.27%
Second Best
Industrial
$1.02M
$895.2K – $1.19M
NOI $71,614 @ 7.0% cap · market cap 5.17%
Theoretical Best
Retail
$2.07M
$1.81M – $2.41M
NOI $144,622 @ 7.0% cap · market cap 10.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,394
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- New Frontier Self Storage - Southwest — 308 Southwest Dr, Cheyenne, WY 82007
- Johnson Storage & Moving — 265 N American Rd, Cheyenne, WY 82007
- U-Pack — 2800 W Lincolnway, Cheyenne, WY 82001
- North American Van Lines — 220 Evelyn St Suite 100, Cheyenne, WY 82007
Frequently Asked Questions
What type of property is this?
Warehouse - Well-maintained industrial property with flexible space and secure yard.
Where is this warehouse located?
The property is located at 2302 W Lincolnway Cheyenne, WY.
What is the asking price?
The asking price for this property is $1,386,000.
What are key features of this property?
This property features: Excellent location with immediate access to I‑25 and I‑80, ideal for logistics and distribution.; Flexible CB zoning and sizing options to accommodate various business needs.; Large, securely fenced yard area suitable for outdoor storage, equipment staging, or secure vehicle parking.
