727 Brundage LnSheridan, WY 82801

Property Details for 727 Brundage Ln

Year built

2009

Lot size

1.21 AC

Property size (Sq ft)

18,429 SF

Property type

Retail properties

Property subtype

Strip malls

APN

03-5584-02-2-13-002-25

APU

355840221300225

Description

This exceptional Class A commercial condominium, located at 727 E Brundage Lane in Sheridan, Wyoming, presents a unique investment opportunity. The 7,536 square foot space is situated on the second floor of a building constructed in 2009, offering a contemporary design and professional atmosphere. Currently configured with six distinct areas, the property boasts three spaces occupied by a single tenant, two separately leased spaces, and one vacant unit ready for immediate occupancy. The layout is highly adaptable to various business needs. Two fire exits, strategically located at opposite ends of the building, ensure excellent safety and accessibility. A ThyssenKrupp elevator with a 2,000 lb. capacity serves the building, supported by an existing Gold Maintenance contract that transfers to the new owner. Ample parking is available with approximately 60 spaces shared among all building tenants. The property's convenient location near Coffeen Avenue and its recorded Declaration of Condominium and Covenants for Parkway Plaza Condominium solidify its value and ease of ownership. The asking price for this multi-tenant office space is $1,200,000. This prime Sheridan location offers significant potential for both immediate income generation and long-term appreciation.

• CAP approach

  CAP return

  Valuation

  6%

  $5,870,209

  6.5%

  $5,418,654

  7%

  $5,031,608

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,093,336

  Geo Method

  $3,836,962

• Alternative Use

  Use

  Valuation

  Residential

  $4,570,838

  Hospitality

  $4,186,863

  Educational

  $3,483,420

  Medical

  $3,603,221

  Retail

  $5,418,654

Location Insight

City

Sheridan

County

Sheridan

State

Wyoming

Latitude

44.7741

Longitude

-106.944

CBSA code

43260

CBSA name

SHERIDAN, WY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.