Technical
Financial
Distress signals
Property profile

2852 Christensen Rd Unit 2a/B Cheyenne, WY 82007

FOR SALE
Distribution centers
Property ID
US95-0139665
82,494 SF 17.27 ac lot Built 2011
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 17.27-acre parcel of land presents a significant opportunity for industrial development in Cheyenne, Wyoming. Located at 2852 Christensen Road, Unit 1B, this property offers substantial acreage for a variety of industrial uses. The expansive size allows for the construction of large-scale facilities, distribution centers, or manufacturing plants, catering to the growing needs of the Cheyenne industrial sector. The property's location within Cheyenne provides easy access to major transportation routes, facilitating efficient logistics and distribution. The absence of existing structures on the land allows for complete design flexibility, enabling developers to tailor the property to their specific requirements. This presents a unique chance to build a state-of-the-art industrial facility in a strategic location. Given the size and location, this property is ideal for businesses seeking to establish a significant presence in the Cheyenne market. The land is currently vacant, offering a clean slate for immediate development. Serious inquiries are encouraged to explore the potential of this exceptional industrial land opportunity. Further details regarding zoning and utility access are available upon request. This is a rare opportunity to acquire a substantial industrial land parcel in a thriving Wyoming city.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 2011
Total area 82,494 SF
Lot 17.27 ac (752,281 SF)
APN 12404000100010
UPID US95-0139665

Cap rate & NOI

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

Location

2852 Christensen Rd, Unit Unit 2a/B Cheyenne, WY 82007
Cheyenne metro Census 2002 CHEYENNE, WY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.30M
Blend (final) Blend
$1.05M

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2024
Price N/A
2022
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $6.2M +100.1%
Restaurant $6.1M +94.8%
Medical building $6.0M +92.4%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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