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    Brundage Ln Sheridan, WY 82801

    Sponsored
    For Sale
    $749,000

    High-traffic, vacant lot; prime location.

    Property size:
    38,768 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 38,768-square-foot commercial lot, located in Sheridan, Wyoming, presents a remarkable investment opportunity. Situated on E. Brundage Lane (US 14), this B1-zoned property enjoys unparalleled visibility and accessibility, directly benefiting from its proximity to I-90 exit 25. The lot's flat terrain simplifies development, while its strategic location at the western I-90 entrance to Sheridan ensures high traffic volume. Daily traffic counts for I-90 exceed 10,000 vehicles in both directions, and E. Brundage Lane sees over 5,500 vehicles daily. This prime location is further enhanced by its adjacency to major amenities, including gas stations, retail chains (such as Starbucks, McDonald's, and Home Depot), Sheridan College, and the Sheridan Airport. The lot's ideal characteristics make it perfect for businesses requiring high visibility and convenient access, such as drive-through restaurants or quick-service establishments. An existing access easement via a shared driveway with the Quality Inn simplifies development, and city utilities are readily available. WYDOT's familiarity with the site, due to a recent access easement establishment, should expedite any future permit applications. This vacant lot offers significant potential for immediate development and substantial return on investment. The asking price is $749,000.

    Property Features for 0 Brundage Ln

    General Information

    Property type
    Restaurants
    Square Feet
    38,768 SF

    HighLights

    • $749,000 asking price for a vacant 38,768 square foot commercial lot.
    • Located in Sheridan, Wyoming (82801), on E. Brundage Lane, offering high visibility and easy I‑90 access.
    • B1 zoning, ideal for restaurants or other businesses requiring high visibility and convenient access.
    • Excellent daily traffic counts exceeding 10,000 vehicles on I‑90 and 5,500 on E. Brundage Lane.
    • Existing access easement and adjacent city utilities simplify development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sheridan
    County
    Sheridan
    State
    Wyoming
    Longitude
    -106.934052
    Latitude
    44.7736424

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    FAQs

    What type of property is this?
    Restaurant - High-traffic, vacant lot; prime location.
    Where is this restaurant located?
    The property is located at Brundage Ln Sheridan, WY.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: $749,000 asking price for a vacant 38,768 square foot commercial lot.; Located in Sheridan, Wyoming (82801), on E. Brundage Lane, offering high visibility and easy I-90 access.; B1 zoning, ideal for restaurants or other businesses requiring high visibility and convenient access.
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    Sheridan, WY 82801
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    Realmo Value Estimation

    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.

    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.

    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
    Brundage Ln Sheridan, WY 82801
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