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    3720 Cherrywood Laramie, WY 82070

    Sponsored
    For Sale
    $370,868

    2.24 Acres, $370,868

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.24-acre commercial lot, located in Laramie, Wyoming's thriving Timberline Business Park, presents a unique investment opportunity. Priced at $370,868, this property boasts fully developed infrastructure, including readily available utilities and existing site improvements, significantly reducing development costs and timelines. Its strategic location within the business park ensures high visibility and accessibility, making it ideal for a diverse range of commercial ventures, from retail establishments and office complexes to other dynamic commercial uses. The property benefits from proximity to major transportation routes, providing convenient access for employees and customers. The vibrant business community and supportive commercial environment offer a fertile ground for growth and expansion. This expansive lot provides ample space for substantial development, allowing for flexibility in design and scale to meet specific business needs. The property's high visibility and accessibility contribute to its significant potential for attracting customers and maximizing business success. This is an exceptional opportunity to establish a thriving business in a prime Laramie location. The lot is situated at 3720 Cherrywood W Lp, Laramie, WY 82070, within Albany County.

    Property Features for 3720 Cherrywood

    General Information

    Property type
    Land
    Lot Size
    97,574 SF

    HighLights

    • Fully developed infrastructure with utilities and site improvements.
    • Prime location in Laramie's Timberline Business Park.
    • Suitable for retail, office, or other commercial uses.
    • Excellent location for business growth and expansion.
    • Convenient access to major transportation routes.
    • Thriving business community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Laramie
    County
    Albany
    State
    Wyoming
    Longitude
    -105.590182
    Latitude
    41.280765

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    FAQs

    What type of property is this?
    Land - 2.24 Acres, $370,868
    Where is this land located?
    The property is located at 3720 Cherrywood Laramie, WY.
    What is the asking price?
    The asking price for this property is $370,868.
    What are key features of this property?
    This property features: Fully developed infrastructure with utilities and site improvements.; Prime location in Laramie's Timberline Business Park.; Suitable for retail, office, or other commercial uses.
    Request Owner's contact information
    3720 Cherrywood Laramie, WY 82070
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    Laramie, WY 82070
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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
    3720 Cherrywood Laramie, WY 82070
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