1500 Southwest Dr Cheyenne, WY 82007
This exceptional investment opportunity presents a newly constructed, 41,400-square-foot self-storage facility boasting 371 non-climate-controlled drive-up units. Strategically located at 1500 Southwest Drive in Cheyenne, Wyoming (82007), this property enjoys unparalleled visibility from I-25, with over 50,000 vehicles passing daily. Its prime location offers excellent frontage and access off Southwest Drive. The facility is conveniently situated just five miles south of Francis E Warren Air Force Base, four miles west of Laramie County Community College, and four miles south of Cheyenne's central business district. This area demonstrates strong population density, with 27,730 people within a three-mile radius and 54,329 within five miles. Cheyenne's rapid growth, boasting a 4% average annual population increase over the past two years, positions this asset for significant future returns. The property's APN is 1-6131-0001-0000-0. This is a rare chance to acquire a brand-new facility in a thriving market, offering the unique advantage of managing the lease-up process from inception. The year built is 2024. This presents a compelling opportunity for an investor seeking a high-growth, hands-on investment in a rapidly expanding Wyoming market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.