Technical
Financial
Distress signals
Property profile

321 Lexington Ave Cheyenne, WY 82007

OFF-MARKET
Warehouses
Property ID
US95-0050916
14,250 SF 1.03 ac lot Built 2006
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2006
Total area 14,250 SF
Lot 1.03 ac (44,881 SF)
Zoning code HI
APN 11049000100030
UPID US95-0050916

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
  • Factory Metal Fabrication Plant
  • Bakery Specialty Food Shop
  • Landscaping

Location

321 Lexington Ave Cheyenne, WY 82007-1805
Cheyenne metro Census 2002 CHEYENNE, WY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
$587k
Blend (final) Blend
$415k

Owner & transaction history

since 2024
6 recorded transactions
2024
Price N/A
2018
Price N/A
2016
Price N/A
2010
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

HI · Cheyenne, WY
Zoning description

5.5.2 HI - Heavy Industrial District 5.5.1 LI - Light Industrial District Standards a. Intent. The LI district is intended for environmentally controlled manufacturing or intensive employment uses that may have accessory…

General category INDUSTRIAL
Top alternative use upside
Auto repair, garage $810,000 +50.5%
Retail stores $675,000 +24.9%

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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