0 Brundage Ln, Sheridan, WY 82801
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.