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    1501 5Th St Sheridan, WY 82801

    Sponsored
    For Sale
    $250,000

    Prime I-90 Commercial Parcels

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional opportunity presents three contiguous commercial land parcels totaling approximately 3.27 acres within the Sheridan East Business Park in Sheridan, Wyoming. Ideally situated adjacent to the westbound I-90 exit ramp and boasting E. 5th Street frontage, these lots offer unparalleled visibility and accessibility. Parcel A encompasses 0.829 acres and is listed at $250,000. Parcels B and C each measure 1.014 and 1.424 acres respectively, both priced at $275,000. All three parcels are zoned Commercial B-1, are build-ready, and benefit from city utilities already in place. The location provides excellent highway and interstate exposure, high traffic counts, and stunning mountain views. This is an ideal investment for businesses seeking high visibility and convenient access to I-90, situated at the entrance to Sheridan and surrounded by established businesses. Purchase one, two, or all three parcels to capitalize on this prime commercial real estate opportunity. The total acreage is approximately 3.27 acres.

    Property Features for 1501 5Th St

    General Information

    Property type
    Land
    Lot Size
    36,155 SF

    HighLights

    • $300,000 per parcel, 3.27± acres total.
    • B‑1 Commercial zoning.
    • Located within city limits.
    • Excellent highway frontage on I‑90 and a major highway.
    • Ideal for building development.
    • Offers stunning mountain views.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Sheridan
    County
    Sheridan
    State
    Wyoming
    Longitude
    -106.9382824
    Latitude
    44.8047399

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    FAQs

    What type of property is this?
    Land - Prime I-90 Commercial Parcels
    Where is this land located?
    The property is located at 1501 5Th St Sheridan, WY.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: $300,000 per parcel, 3.27± acres total.; B-1 Commercial zoning.; Located within city limits.
    (307) 675-1964
    Request Owner's contact information
    1501 5Th St Sheridan, WY 82801
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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
    1501 5Th St Sheridan, WY 82801
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