Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4010 Quartz Dr Cheyenne, WY 82007

    • Industrial properties
    • 3.48 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 4010 Quartz Dr

    Year built
    2023
    Lot size
    3.48 lot acres
    Property type
    Industrial properties

    Description

    This exceptional 3.48-acre industrial property located at 4010 QUARTZ DR, Cheyenne, Wyoming, presents a compelling investment opportunity. The expansive lot offers significant potential for a variety of industrial uses, providing ample space for development or expansion. Situated in Cheyenne, this location benefits from convenient access to major transportation routes, facilitating efficient logistics and distribution. The property's size and strategic location make it ideal for businesses seeking to establish a strong presence in the Cheyenne market. The asking price is $4,200,000, reflecting the significant value and potential of this prime industrial land. Given the scarcity of large industrial parcels in this area, this property represents a rare opportunity for investors and developers to acquire a substantial land holding with considerable upside potential. The property is currently vacant, offering complete flexibility for future development plans. Interested parties are encouraged to conduct their own due diligence to fully assess the property's suitability for their specific needs and objectives. This is a unique chance to secure a significant industrial asset in a thriving Wyoming market. The property's size and location make it an attractive proposition for a wide range of industrial uses, from warehousing and distribution to manufacturing and light industrial operations. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cheyenne
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.856
    Latitude
    41.0881

    Comparable in this City

    • Value Estimation by Request
      2.00 Acres

      Trucker Trl

      Land • 2.00 Acres
      0 Trucker Trl, Cheyenne, WY 82007
      View Details
    • Value Estimation by Request
      20,000 SF

      2521 Granite Peak Dr

      Distribution properties • 20,000 SF
      2521 Granite Peak Dr, Cheyenne, WY 82007
      View Details
    • Value Estimation
      $870,000
      210,518 SF

      1938 Wyott Dr, Unit D2

      INDUSTRIAL (GENERAL) • 210,518 SF
      1938 Wyott Dr, Cheyenne, WY 82007-2102
      View Details
    • Value Estimation
      $870,000
      210,518 SF

      1938 Wyott Dr, Unit D4

      INDUSTRIAL (GENERAL) • 210,518 SF
      1938 Wyott Dr, Cheyenne, WY 82007-2102
      View Details
    • Value Estimation
      $870,000
      210,518 SF

      1938 Wyott Dr, Unit D7

      INDUSTRIAL (GENERAL) • 210,518 SF
      1938 Wyott Dr, Cheyenne, WY 82007-2102
      View Details
    • Value Estimation by Request
      5.02 Acres

      5110 Badlands Dr

      Flex space • 5.02 Acres
      5110 Badlands Dr, Cheyenne, WY 82007
      View Details

    Similar Nearby for Sale

    • $550,000
      2.00 Acres

      Cheyenne Industrial Land - 2 Acres

      Prime Cheyenne location, heavy industrial zoning, I-80 access.
      0 Trucker Trl, Cheyenne, WY 82007
      View Details
    • $34,848
      5.00 Acres

      Cheyenne Industrial Land Tract

      5-Acre Industrial Lot, $34,848
      11 Badlands Dr, Cheyenne, WY 82007
      View Details
    • $2,590,000
      20,000 SF

      Cheyenne Warehouse Complex - 20,000 SF

      Prime Cheyenne industrial warehouse, 85% occupied.
      0 Parsley Blvd, Cheyenne, WY 82007
      View Details
    • Contact for pricing

      New Industrial Asset For Sale

      100% leased industrial asset with NNN lease in Cheyenne.
      5110 Badlands Dr, Cheyenne, WY 82007
      View Details
    • $1,850,000

      New Commercial Warehouse on FoxFarm

      9,800 SF commercial warehouse on 3.61 acres for sale.
      1905 Fox Farm Rd, Cheyenne, WY 82007
      View Details
    • $1,850,000

      New Commercial Warehouse on 3.61 Acres

      New 9,800 SF commercial warehouse with expansion potential.
      1905 E Fox Farm Rd, Cheyenne, WY 82007
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      35,000 SF

      Power Park Industrial Land Tracts

      Five-acre industrial tracts for lease.
      5110 Badlands Dr, Cheyenne, WY 82007
      View Details
    • Contact for pricing
      5,210 SF

      Cheyenne Commercial Warehouse and Office Space

      Class-A commercial warehouse and office space with convenient interstate access.
      8610 Trucker Trl, Cheyenne, WY 82007
      View Details
    • $17 SF/Yr
      20,000 SF

      Cheyenne Industrial Space Available

      9,509 SF Flex Warehouse, Prime Location
      2521 Granite Peak Dr, Cheyenne, WY 82007
      View Details
    • $11 SF/Yr
      15,378 SF

      Cheyenne Industrial Space Available

      15,378 SF Multi-Use Industrial Space
      314 Evelyn St, Cheyenne, WY 82007
      View Details
    • Contact for pricing
      6,707 SF

      Iconic Cheyenne Office with Warehouse

      Premier office and warehouse space in Cheyenne, Wyoming.
      7052 Commerce Pl, Cheyenne, WY 82007
      View Details
    • Contact for pricing
      4,500 SF

      Cheyenne Office Spaces For Lease

      Three office spaces available, can be combined or leased separately.
      1775 Goodnight Trl, Cheyenne, WY 82007
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4010 Quartz Dr
    Cheyenne, WY 82007
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!