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Property profile & analytics
OFF-MARKET
Warehouses

172 Progress Cir Cheyenne, WY 82644

4,752 SF 0.67 ac lot Built 1982
Property ID
Property summary
AI-generated overview

This exceptional industrial property, located at 172 Progress Circle in Mills, Wyoming, presents a compelling investment opportunity. The 4,752 square foot building sits on a 0.67-acre lot and boasts a desirable location with easy access to Salt Creek Highway. Constructed in 1982, the structure has been meticulously maintained and updated. The warehouse space comprises 3,456 square feet of radiant-heated shop area, equipped with two 12-foot overhead doors and three-phase power, ideal for various industrial uses. In addition, the property includes 1,152 square feet of well-appointed office space. The office area features a separate restroom, reception area, break room, and three private offices, providing ample space for administrative functions. The property offers convenient parking with 20 spaces available. The building is zoned for established industrial use. The asking price is $595,000, translating to $125.21 per square foot. This property has a proven rental history, having been leased for three years at $3,500 NNN. This presents a strong potential for continued income generation. The property is located in Laramie County, Wyoming, with a mailing address of 172 Progress Cir, Cheyenne, WY 82644. An alternate address is 172 Progress Cir, Casper, WY 82601.

Property profile
Verified
Property type Warehouses
Year built 1982
Total area 4,752 SF
Lot 0.67 ac (29,185 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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