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    Property profile & analytics

    1949 Sugarland Dr Sheridan, WY 82801-5755

    • Office buildings
    • 36,118 SF
    • 5.61 lot acres
    OFF-MARKET
    Value Estimation
    $805,000
    Last Sale
    Feb 24, 2022
    Location Intelligence
    Property ID
    US95-0238391
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Blue Cross Blue Shield of Wyoming / Health Insurance Agency
    • Sheridan County Conservation District / Conservation Department
    • Wyssmann Psychological & Counseling, LLC / Counselor / Psychologist
    • Natural Resources Conservation / Conservation Department
    • Highway Patrol / Police Department

    Property Details for 1949 Sugarland Dr

    Year built
    1982
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    5.61 lot acres
    Property size
    36,118 SF
    Property type
    Office buildings
    APN
    03-5584-02-1-01-003-25
    APU
    355840210100325

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $800,000

    • CAP approach

      CAP return
      Estimation
      6%
      $860,000
      6.5%
      $895,000
      7%
      $870,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $990,000
      Geo Method
      $765,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,010,000
      Retail
      $985,000
      Mixed-Use
      $810,000
      Hospitality
      $930,000
      Educational
      $830,000
      Residential Income
      $980,000
      Energy
      $945,000
      Income-Based Land
      $1,025,000
      Food Service
      $1,030,000

    Location Insight

    • Map
    • Local Demand
    City
    Sheridan
    County
    Sheridan
    State
    Wyoming
    Longitude
    -106.938
    Latitude
    44.7765
    CBSA code
    43260
    CBSA name
    SHERIDAN, WY MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $16,647
    $111,722
    $158,632
    $270,354
    -
    $1,176,020
    $1,669,814
    $2,845,834

    Comparable in this City

    • Value Estimation by Request
      7,720 SF

      1309 Coffeen Ave Ste A

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      View Details
    • Value Estimation
      $405,000
      4,314 SF

      1450 Sugarland Dr

      OFFICE BUILDING • 4,314 SF
      1450 Sugarland Dr, Sheridan, WY 82801-5730
      View Details
    • Value Estimation
      $410,000
      9,117 SF

      1673 Terra Ave

      OFFICE BUILDING • 9,117 SF
      1673 Terra Ave, Sheridan, WY 82801-6116
      View Details
    • Value Estimation
      $380,000
      4,624 SF

      566 Turner Ln

      OFFICE BUILDING • 4,624 SF
      566 Turner Ln, Sheridan, WY 82801-6123
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    • Value Estimation
      $450,000
      8,072 SF

      700 Vly Vw Dr

      OFFICE BUILDING • 8,072 SF
      700 Vly Vw Dr, Sheridan, WY 82801-8548
      View Details
    • Value Estimation
      $330,000
      2,040 SF

      849 Vly Vw Dr

      OFFICE BUILDING • 2,040 SF
      849 Vly Vw Dr, Sheridan, WY 82801-8561
      View Details

    Similar Nearby for Sale

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      Contact for pricing

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    Similar Nearby for Lease

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    • $13 SF/Yr
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    • $19 SF/Yr
      2,171 SF

      Retail Space in Anchored Center

      Retail space available in Albertson’s and Walmart anchored center.
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    Sheridan, WY 82801-5755
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    Realmo Value Estimation

    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.

    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.

    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
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