Property profile

2617 Main St Sheridan, WY 82801

FOR SALE
Grocery and convenience stores
Property ID
US95-0307955
9,529 SF 5.52 ac lot Built 1994
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 9,529 square foot commercial property situated at 2617 N Main St, Sheridan, Wyoming, 82801. The property, built in 1994, sits on a substantial 4.66-acre lot and boasts both Main Street and Goose Creek frontage, offering unparalleled visibility and access. Currently vacant, this single-story building is zoned B1, allowing for a diverse range of uses. Previously utilized as a restaurant and convenience store with truck stop amenities, the existing structure features expansive concrete surfaces, providing ample space for various business ventures or redevelopment. The asking price is $3,200,000, translating to $335.82 per square foot. This property is ideally located within Sheridan's burgeoning north development area, presenting a unique chance for investors and business owners seeking a high-profile location with significant development potential. The property's versatility, combined with its strategic location and substantial lot size, makes it an attractive proposition for a wide array of commercial enterprises. This is a rare opportunity to acquire a significant commercial property in a rapidly growing area. The property is for sale by owner.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1994
Total area 9,529 SF
Lot 5.52 ac (240,451 SF)
APN 03-5684-15-4-10-006-00
UPID US95-0307955

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Weigh Station
  • Gas Station

Location

2617 Main St Sheridan, WY 82801
Sheridan metro Census 600 SHERIDAN, WY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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