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    Parsley Blvd Cheyenne, WY 82007

    For Sale
    $2,590,000

    Prime Cheyenne industrial warehouse, 85% occupied.

    Property size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A industrial warehouse complex presents a compelling investment opportunity in Cheyenne, Wyoming. Comprising two single-story buildings totaling 20,000 square feet of net rentable space, this property boasts six individual units, all situated on a generous 2.77-acre lot. Constructed in 2007 and 2009, the buildings are in excellent condition and currently enjoy an 85% occupancy rate with strong, established tenants. The property's strategic location offers easy access to major transportation routes, enhancing its logistical appeal. The address is 400 Parsley Blvd, Cheyenne, WY 82007, within Laramie County. The proximity to significant data centers operated by Microsoft and Meta further underscores the property's value and potential for future growth within a thriving technological landscape. The asking price for this highly desirable asset is $2,590,000. A broker co-op is available. This is a rare opportunity to acquire a well-maintained, high-performing industrial property in a rapidly developing area. The property's strong occupancy and prime location make it an ideal investment for both seasoned and emerging investors seeking a stable and potentially appreciating asset.

    Property Features for 0 Parsley Blvd

    General Information

    Property type
    Distribution properties
    Square Feet
    20,000 SF
    Class
    A
    Lot Size
    120,661 SF

    Building Details

    Year Built
    2007
    Buildings
    2
    Stories
    1
    Units
    6

    HighLights

    • Class A industrial warehouse complex in Cheyenne, Wyoming.
    • Two single‑story buildings totaling 20,000 square feet of net rentable space on a 2.77‑acre lot.
    • Six individual units, 85% occupancy with strong tenants.
    • Built in 2007 and 2009, excellent condition.
    • Prime location with easy access to major transportation routes, near Microsoft and Meta data centers.
    • Asking price: $2,590,000; broker co‑op available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Cheyenne
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.8287715
    Latitude
    41.120813

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    FAQs

    What type of property is this?
    Distribution property - Prime Cheyenne industrial warehouse, 85% occupied.
    Where is this distribution property located?
    The property is located at Parsley Blvd Cheyenne, WY.
    What is the asking price?
    The asking price for this property is $2,590,000.
    What are key features of this property?
    This property features: Class A industrial warehouse complex in Cheyenne, Wyoming.; Two single-story buildings totaling 20,000 square feet of net rentable space on a 2.77-acre lot.; Six individual units, 85% occupancy with strong tenants.
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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
    Parsley Blvd Cheyenne, WY 82007
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