Industrial Warehouse with
265 Northamerican Rd Cheyenne, WY 82007
265 Northamerican Rd, Cheyenne, WY, 82007
$1,600,000
For Sale
$1,600,000
Warehouse includes office space, loading dock doors, a 12’ overhead door, fenced yard, and paved parking.
Property Size9,120 SF
Price / SF$175.44
Days on Market18
Property Features for 265 Northamerican Rd
General Information
- Standard status
- Active
- Size
- 9,120 SF
Listing agency
Coldwell Banker, The Property Exchange
(307) 286-7112
Listed by
Ben Trautwein · License #11590
(307) 286-7112
Source
Exprealty
Added: Jul 6 Updated: Jul 22 at 5:40PM Checked: Jul 22 at 5:40PM
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 commercial industrial property includes a warehouse with attached office space, totaling 9,120 SF. The office area features restrooms, and the facility is supported by three loading dock doors plus one 12’ overhead door. The site also includes a fully fenced lot and a paved parking area.
Located in Harper Valley Industrial Park, the property offers convenient access to East Lincolnway and Interstates I-25 and I-80, supporting day-to-day receiving and distribution needs.
The space is described as suitable for a range of business uses, including distribution, manufacturing, warehouse operations, or storage, depending on the operational requirements.
Located in Harper Valley Industrial Park, the property offers convenient access to East Lincolnway and Interstates I-25 and I-80, supporting day-to-day receiving and distribution needs.
The space is described as suitable for a range of business uses, including distribution, manufacturing, warehouse operations, or storage, depending on the operational requirements.
Key Highlights
- ±9,120 SF warehouse with ±1,568 SF office space and restrooms
- Three loading dock doors plus one 12’ overhead door
- Fully fenced lot with paved parking area
Local 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 | $91.9k | $10.08 |
| − Vacancy | −$17.9k | −$1.97 |
| EGI | $74.0k | $8.11 |
| − OpEx | −$11.1k | −$1.22 |
| NOI | $62.9k | $6.90 |
9,120 SF · lease $10.08/SF/yr · vacancy 19.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$898.6K
$786.3K – $1.05M
NOI $62,903 @ 7.0% cap · market cap 3.93%
Second Best
Office B
$664.6K
$581.6K – $775.4K
NOI $46,525 @ 7.0% cap · market cap 2.91%
Theoretical Best
Retail
$1.49M
$1.31M – $1.74M
NOI $104,612 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
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
FAQs
What type of property is this?
Warehouse - Warehouse includes office space, loading dock doors, a 12’ overhead door, fenced yard, and paved parking.
Where is this warehouse located?
The property is located at 265 Northamerican Rd Cheyenne, WY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: ±9,120 SF warehouse with ±1,568 SF office space and restrooms; Three loading dock doors plus one 12’ overhead door; Fully fenced lot with paved parking area
