Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Two-Building Specialty Property Title is generated by Realmo AI

    4390 I-80 SERVICE RD, Cheyenne, WY 82009

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    COMMERCIAL - Cheyenne, WY

    Property size:
    26,028 SF
    Lot size:
    15.00 Acres
    Added:
    Aug 17, 2025
    Days on Market:
    293
    Last Refresh:
    Jun 5 at 1:06 am

    Property Features for 4390 I-80 SERVICE RD

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Appliances
    Building, Land
    Standard status
    Active
    Size
    26,028 SF
    Lot size
    15.00 Acres

    Taxes and HOA fees

    Tax Year
    2021
    Tax Description
    Aspen Hills 2nd Filing: Tract 1

    Building Details

    Year built
    2002
    Building materials
    Steel
    Roof type
    Metal

    We can help!

    Listing Contact
    Jim Weaver
    Jim Weaver

    Listing agent Jim Weaver License #10624

    Listing office #1 Properties 6106 Yellowstone Rd, Cheyenne, WY

    Listing date Aug 17, 2025

    MLS# 98196

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

    HighLights

    • Steel construction property with two buildings built in 2002
    • Two buildings: 18,000 SF and 8,000 SF
    • 75 x 20 large door access on the east side of the larger building
    • Metal roof

    Overview

    This offering consists of two buildings totaling 26,028 square feet on a 15-acre site. The larger building provides a major access point with a large door measuring 75 feet by 20 feet located on the east side, designed to support move-in and operational flexibility. The second building adds additional enclosed space for varied business needs within the same property.

    The property is located at 4390 I-80 SERVICE RD in Cheyenne, Wyoming 82009, with the principal large-door access configured on the east side of the larger building. The site’s acreage and dual-building arrangement support practical on-site staging and separation of uses, depending on how a tenant plans to operate.

    With its substantial door access and two-building layout, this property may fit tenants looking for a combination of enclosed space and straightforward loading capabilities. The configuration can also be useful for businesses that need one building for primary operations and another for overflow storage, ancillary work, or a secondary function, all under one ownership and address. Prospective tenants and buyers should review the specific access and space requirements for their operations in relation to the existing door configuration and building sizes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cheyenne
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.861
    Latitude
    41.4091

    Nearby Similar for Lease

    • Contact for pricing
      6,000 SF

      Warehouse with Office and Fenced Yard

      Functional warehouse with drive-in doors, built-in office space, and a fenced yard for operations and storage.
      1120 AVIATION RD, Cheyenne, WY 82009
      View Details
    • Contact for pricing
      3,087 SF

      Flex Office and Warehouse Suite

      Leasing opportunity with four offices and a rear 12-foot overhead door for practical office-and-storage operations.
      1013 E LINCOLNWAY, Cheyenne, WY 82001
      View Details
    • $12 SF/Yr
      2,493 SF

      Office Space with Private Parking

      Two-story office building featuring private parking and ample storage.
      1315 East 21st Street, Cheyenne, WY, 82001
      View Details
    • $12 SF/Yr
      4,900 SF

      Retail Space in Cheyenne, Wyoming

      4,900 SF retail space available for lease.
      1600 Van Lennen Ave, Cheyenne, WY
      View Details
    • $15 SF/Yr
      3,087 SF

      Cheyenne Office Space For Rent

      Office space available for lease in Cheyenne, Wyoming.
      1013 E Lincolnway, Cheyenne, WY
      View Details
    • Contact for pricing
      9,120 SF

      Warehouse in Harper Valley Park

      Commercial/industrial warehouse with office space and fenced lot.
      265 North American Road, Cheyenne, WY 82007
      View Details
    • Contact for pricing

      Cheyenne Retail Space Available

      Retail space available for rent in Cheyenne, Wyoming.
      1900 Cutler Rd, Cheyenne, WY 82001
      View Details
    • Contact for pricing
      2,097 SF

      Versatile Office Space For Sale

      Prime MUR property in a vibrant, high-density area.
      2103 Evans Ave, Cheyenne, WY
      View Details
    • Contact for pricing

      Cheyenne Warehouse Space Available

      Warehouse space available in Cheyenne, Wyoming.
      Dark Fiber & Duct, West, Cheyenne, WY, 82001
      View Details
    • Contact for pricing
      11,160 SF

      Class A Industrial Asset Cheyenne

      Fully leased industrial property with expansion potential in Cheyenne, Wyoming.
      5110 Badlands Dr, Cheyenne, WY
      View Details
    • $234 SF/Yr

      Retail Space Near Laramie College

      Retail spaces with open floor plan near Laramie Community College.
      1775 Goodnight Trl, Cheyenne, WY 82007
      View Details
    • $180 SF/Yr
      15,000 SF

      Cheyenne Office/Medical Space Available

      15,000 SF office/medical space in excellent Cheyenne location.
      1401 Airport Pkwy, Cheyenne, WY 82001
      View Details

    FAQs

    What type of property is this?
    Specialty property - Two buildings with a large east-side door provide flexible space for storage, service, or light industrial use.
    Where is this specialty property located?
    The property is located at 4390 I-80 SERVICE RD Cheyenne, WY.
    What are key features of this property?
    This property features: Steel construction property with two buildings built in 2002; Two buildings: 18,000 SF and 8,000 SF; 75 x 20 large door access on the east side of the larger building
    (307) 630-5161
    We can help!
    Listing Contact
    Jim Weaver
    Jim Weaver
    Real Estate License ID: 10624
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4390 I-80 SERVICE RD, Cheyenne, WY 82009
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!