Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Industrial Lot in Established Park Title is generated by Realmo AI

    3801 Cherrywood W Lp, Laramie, WY 82070

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    1.69-acre industrial lot suitable for various operations.

    Type:Land
    Lot size:
    1.69 Acres
    Added:
    Nov 14, 2023
    Days on Market:
    935
    Last Refresh:
    May 12 at 8:59 pm

    Property Features for 3801 Cherrywood W Lp

    General Information

    Standard status
    Active
    Lot size
    1.69 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Wendy Van Fleet

    Listing agent Wendy Van Fleet License #RE-13428

    Listing office Prism Real Estate Solutions

    Listing date Nov 14, 2023

    Source Crexi

    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 Prism Real Estate Solutions

    HighLights

    • 1.69‑acre industrial lot, an efficient footprint for owner‑users.
    • Located within an established business park.
    • Convenient access.
    • Ideal for light manufacturing, contractor use, flex‑industrial, or storage.
    • Surrounded by industrial activity.

    Overview

    This 1.69-acre industrial lot is located within an established business park. The property offers an efficient footprint suitable for owner-users or small-scale industrial development. The location provides convenient access and is surrounded by industrial activity. It is ideal for light manufacturing, contractor use, flex-industrial, or storage-oriented operations.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Map

    City
    Laramie
    County
    Albany
    State
    Wyoming
    Longitude
    -105.697
    Latitude
    41.3416

    Nearby Similar for Sale

    • $2,100,000
      2,800 SF

      68 Acres Mountain Retreat

      Remarkable mountain retreat with fishing stream near Laramie, Wyoming.
      20 Porter Ranch Rd, Laramie, WY 82070
      View Details
    • $3,645,000
      29,760 SF

      Multi-Use Flex and Warehouse Buildings

      Four-building flex property combines office, laboratory, and warehouse/workshop space with sprinklered and alarm-serviced systems.
      2931 SOLDIER SPRINGS RD, Laramie, WY 82070
      View Details
    • $875,000
      12,400 SF

      Restaurant building

      Commercial building with restaurant and multi-use units in downtown Laramie.
      207 3Rd St, Laramie, WY 82070
      View Details
    • $475,000
      46,173 SF

      I-80 Interchange Development Opportunity

      Prime 1.06-acre commercial site with I-80 frontage.
      1458 Mccue St, Laramie, WY 82072
      View Details
    • $375,000
      2,400 SF

      Versatile Commercial Property on N 4th

      High-visibility commercial property with flexible zoning and ample space.
      1257 N 4th St, Laramie, WY 82072
      View Details
    • $2,000,000
      13,042 SF

      Laramie Medical Facility For Sale

      Purpose-built medical facility in Laramie, Wyoming, available for immediate occupancy.
      1122 S Adams St, Laramie, WY 82070
      View Details
    • $900,000

      Turnkey Restaurant Opportunity in Laramie

      Established restaurant with loyal following, turnkey operation, and liquor license.
      367 W Clark St, Laramie, WY
      View Details
    • $155,000

      Recreational Land Parcel

      Nearly 40 acres near Lake Hattie with BLM boundary on two sides for privacy and expanded outdoor access.
      Tr 161 CHAPS ST, Laramie, WY 82070
      View Details
    • $1,495,000
      32,246 SF

      Historic Building in Downtown Laramie

      32,246 SF historic building with remodeled office and warehouse space.
      320 E Grand Ave, Laramie, WY
      View Details
    • $155,000

      Waterfront Ranch Land Parcel

      Buildable land offering adjacency to Lake Hattie and BLM frontage, with mountain views and direct lake access.
      347 WILD HORSE RANCH, Laramie, WY 82070
      View Details
    • $302,742
      121,096 SF

      Laramie Industrial Lots For Sale

      Industrial lots with utilities and paved street, south of I-80.
      798 Huron Street, Laramie, WY 82070
      View Details
    • $300,565
      120,225 SF

      Laramie Wyoming Industrial Lots

      Two industrial lots available for purchase in Laramie, Wyoming.
      795 Huron Street, Laramie, WY 82070
      View Details

    FAQs

    What type of property is this?
    Industrial land - 1.69-acre industrial lot suitable for various operations.
    Where is this industrial land located?
    The property is located at 3801 Cherrywood W Lp Laramie, WY.
    What is the asking price?
    The asking price for this property is $222,000.
    What are key features of this property?
    This property features: 1.69‑acre industrial lot, an efficient footprint for owner‑users.; Located within an established business park.; Convenient access.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Wendy Van Fleet
    Real Estate License ID: RE-13428
    Learn More
    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
    3801 Cherrywood W Lp, Laramie, WY 82070
    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!