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0 Brundage Ln Sheridan, WY 82801

OFF-MARKET
Retail properties & Spaces
38,768 SF
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Property summary

AI-generated overview

This exceptional 38,768-square-foot commercial lot, located in Sheridan, Wyoming, presents a remarkable investment opportunity. Situated on E. Brundage Lane (US 14), this B1-zoned property enjoys unparalleled visibility and accessibility, directly benefiting from its proximity to I-90 exit 25. The lot's flat terrain simplifies development, while its strategic location at the western I-90 entrance to Sheridan ensures high traffic volume. Daily traffic counts for I-90 exceed 10,000 vehicles in both directions, and E. Brundage Lane sees over 5,500 vehicles daily. This prime location is further enhanced by its adjacency to major amenities, including gas stations, retail chains (such as Starbucks, McDonald's, and Home Depot), Sheridan College, and the Sheridan Airport. The lot's ideal characteristics make it perfect for businesses requiring high visibility and convenient access, such as drive-through restaurants or quick-service establishments. An existing access easement via a shared driveway with the Quality Inn simplifies development, and city utilities are readily available. WYDOT's familiarity with the site, due to a recent access easement establishment, should expedite any future permit applications. This vacant lot offers significant potential for immediate development and substantial return on investment. The asking price is $749,000.

Property profile

Verified
Property type Retail properties & Spaces
Total area 38,768 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Brundage Ln Sheridan, WY 82801
Sheridan metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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