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    204 Mccollum St Laramie, WY 82070

    Sponsored
    For Sale
    Contact for pricing

    Prime Medical Office, Laramie, WY - NNN Lease

    Property size:
    22,881 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional medical office building, located at 204 McCollum St, Laramie, Wyoming 82070, presents a unique investment opportunity. The property, a Class B building constructed in 1981, offers 22,881 square feet of space across two stories, situated on a 2.01-acre lot. The building features 50 parking spaces, a significant advantage for both patients and staff. Currently available is approximately 1,000 square feet of medical office space on the upper level, within a larger 2,150 square foot suite shared with other tenants. This space requires some updating, and the landlord is willing to participate in tenant improvements with a suitable lease agreement. The asking price is $16.00 per square foot on a triple net (NNN) lease basis. Historically, NNN charges have averaged approximately $4.50 per square foot. The building's convenient location next to Ivinson Memorial Hospital makes it an ideal choice for medical professionals seeking a high-traffic, easily accessible location. The property is offered for lease as a multi-tenant building. This presents a compelling opportunity for medical practices seeking a well-situated, established space in a thriving Wyoming community. The property is comprised of one building.

    Property Features for 204 Mccollum St

    General Information

    Property type
    Medical offices
    Square Feet
    22,881 SF
    Class
    B
    Lot Size
    87,556 SF

    Building Details

    Year Built
    1981
    Buildings
    1
    Stories
    2

    HighLights

    • $16,000,000 asking price.
    • 22,881 square foot Class B medical office building for lease.
    • Multi‑tenant property with 50 parking spaces on a 2.01‑acre lot.
    • Located at 204 McCollum St, Laramie, WY 82070, near Ivinson Memorial Hospital.
    • NNN lease; Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Altitude Medical Center Medical Center Henry Matthew DDS Dentist Pediatric Dentistry of Wyoming ... Pediatric Dentist Dr. Mark S. ... Dentist Verley Patty Dentist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Laramie
    County
    Albany
    State
    Wyoming
    Longitude
    -105.555635
    Latitude
    41.3106191

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, Laramie, WY - NNN Lease
    Where is this medical office located?
    The property is located at 204 Mccollum St Laramie, WY.
    What is the asking price?
    The asking price for this property is $16.
    What are key features of this property?
    This property features: $16,000,000 asking price.; 22,881 square foot Class B medical office building for lease.; Multi-tenant property with 50 parking spaces on a 2.01-acre lot.
    Request Owner's contact information
    204 Mccollum St 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
    204 Mccollum St Laramie, WY 82070
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