Property profile

320 Grand Ave Laramie, WY 82070

FOR SALE
Office buildings
Property ID
US95-0262196
17,457 SF 0.64 ac lot Built 1930
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 0.64-acre commercial lot presents a rare opportunity for development in the vibrant city of Laramie, Wyoming. Situated at 320 Grand Avenue, this property boasts a highly desirable location with excellent visibility and accessibility. The expansive lot offers significant potential for a variety of commercial ventures, from retail spaces to office buildings, or even mixed-use developments. Its size provides ample room for construction and ample parking. The address, 320 Grand Avenue, places the property within a well-established commercial corridor, ensuring high traffic flow and excellent exposure to potential customers. This presents a unique chance to establish a strong presence in a growing community. The absence of existing structures allows for complete design flexibility, enabling the creation of a building tailored to specific business needs. Given the size and location, this property is an exceptional investment opportunity for those seeking to establish a new business or expand an existing one in Laramie. Serious inquiries are encouraged to explore the possibilities this prime commercial land offers. The property is available for lease or sale. Further details are available upon request.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1930
Total area 17,457 SF
Lot 0.64 ac (27,998 SF)
APN 16733332000200
UPID US95-0262196

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
  • Publishing House Newspaper & Magazine
  • Spiritual Center

Location

320 Grand Ave Laramie, WY 82070
Laramie metro Census 963400 LARAMIE, WY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
$942k
Blend (final) Blend
$415k

Owner & transaction history

since 2021
1 recorded transaction
2021
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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