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Property profile & analytics
OFF-MARKET Estimated value $880,000
Banks

401 19th St Cheyenne, WY 82001-4355

27,546 SF 0.8 ac lot Built 1980
Individually Owned 6-yr Hold ~ Est. High Equity
Property ID
US95-0045494
Property summary
AI-generated overview

This exceptional 0.8-acre commercial lot presents a unique investment opportunity in the vibrant city of Cheyenne, Wyoming. Located at 401 W 19TH ST Unit 3-FL, this property offers significant potential for a variety of commercial ventures. The expansive lot size provides ample space for development, allowing for flexibility in design and functionality. Its strategic location within Cheyenne ensures high visibility and accessibility, making it an ideal site for businesses seeking a strong presence in the community. The absence of existing structures on the lot allows for complete customization, enabling prospective buyers to construct a building tailored to their specific needs and preferences. This presents a blank canvas for entrepreneurs and developers to create a thriving commercial space. The property's zoning regulations should be independently verified to ensure compliance with intended use. Given the size and location, this lot is well-suited for a range of commercial applications, from retail establishments and office spaces to light industrial uses. Serious inquiries are encouraged to explore the possibilities and unlock the potential of this prime Cheyenne commercial land. The property is offered for lease or sale, and further details regarding terms and conditions are available upon request. This is a rare opportunity to acquire a substantial commercial lot in a desirable location, offering significant long-term growth potential. Don't miss out on this chance to establish your business in a thriving Wyoming community.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1980
Total area 27,546 SF
Lot 0.8 ac (34,848 SF)
Zoning code CBD
APN 11001033000011
UPID US95-0045494
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • First Interstate Bank Bank Loan Service
  • Kline Law Office PC Law Firm
  • Fowler Associates Law Firm
  • Wolf Tiedeken & Woodard Law Firm
  • First Interstate Bank - Kevin Morse Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$685k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$880k
Owner & transaction history
Matthew R Butler · 6 yrs held
Matthew R Butler
since 2019
2 recorded transactions
2019
Price N/A
1969
Price N/A
Zoning & alternative use
CBD · Cheyenne, WY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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