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    OFF-MARKET
    Auto shops

    1800 Greeley Hwy, Cheyenne, WY 82007-3404

    4,840 SF 1.31 ac lot Built 1957
    Individually Owned 23-yr Hold Free & Clear
    Property ID
    US95-0140231
    Property summary
    AI-generated overview

    This exceptional 56,628 square foot Class A retail property in Cheyenne, Wyoming, presents a compelling value-add investment opportunity. Priced at $650,000 ($11.48/sq ft), this vacant property boasts a highly desirable location on S Greeley Hwy, offering convenient access to I-25 and I-80 interstates. The 1.3-acre lot features existing commercial zoning, water tap, and curb cuts, making it ideal for a variety of uses, including grocery stores, restaurants, and other retail establishments. A Phase 1 environmental study has already been completed for the lot at 1800 S Greeley Hwy, which also includes a small existing residence. The seller anticipates a post-occupancy contract of approximately 60 days, depending on the closing date. This property benefits from a high volume of daily traffic (16,000 vehicles per day) and is situated in a rapidly growing area near a new Microsoft facility. The property's strategic location and versatile zoning make it an attractive prospect for developers and investors seeking to capitalize on the area's robust growth. The property is currently vacant, allowing for complete customization to suit the buyer's vision. This is a rare chance to acquire a significant retail space in a thriving market.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1957
    Total area 4,840 SF
    Lot 1.31 ac (57,064 SF)
    APN 12978000100030
    UPID US95-0140231
    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
    Current use
    Occupant on record · Public records
    • Wyoming Auto, Truck, Equipment Auction Car Dealership
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    RICHARD MENKIN
    RICHARD MENKIN
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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