727 Brundage Ln Ste A Sheridan, WY 82801-6280
- Strip malls
- 18,429 SF
- 1.21 lot acres
Current Use by Public Records
- Jimmy John's / Delivery Restaurant / Takeout Restaurant
- Freedom ATM LLC / Atm
- T&C Liquors / Liquor Store / Wine Store
- Advance Therapy / Occupational Therapist / Physical Therapy Clinic
- Brianne Dandrea / Occupational Therapist
Property Details for 727 Brundage Ln Ste A
- Year built
- 2009
- Lot size
- 1.21 lot acres
- Property size
- 18,429 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 03-5584-02-2-13-002-25
- APU
- 355840221300225
Description
This exceptional Class A commercial condominium, located at 727 E Brundage Lane in Sheridan, Wyoming, presents a unique investment opportunity. The 7,536 square foot space is situated on the second floor of a building constructed in 2009, offering a contemporary design and professional atmosphere. Currently configured with six distinct areas, the property boasts three spaces occupied by a single tenant, two separately leased spaces, and one vacant unit ready for immediate occupancy. The layout is highly adaptable to various business needs. Two fire exits, strategically located at opposite ends of the building, ensure excellent safety and accessibility. A ThyssenKrupp elevator with a 2,000 lb. capacity serves the building, supported by an existing Gold Maintenance contract that transfers to the new owner. Ample parking is available with approximately 60 spaces shared among all building tenants. The property's convenient location near Coffeen Avenue and its recorded Declaration of Condominium and Covenants for Parkway Plaza Condominium solidify its value and ease of ownership. The asking price for this multi-tenant office space is $1,200,000. This prime Sheridan location offers significant potential for both immediate income generation and long-term appreciation.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $550,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $480,000
- 6.5%
- $445,000
- 7%
- $440,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $455,000
- Geo Method
- $500,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $505,000
- Retail
- $465,000
- Mixed-Use
- $470,000
- Hospitality
- $455,000
- Educational
- $450,000
- Residential Income
- $375,000
- Energy
- $490,000
- Income-Based Land
- $520,000
- Food Service
- $410,000
Location Insight
- Map
- Local Demand
- City
- Sheridan
- County
- Sheridan
- State
- Wyoming
- Longitude
- -106.944
- Latitude
- 44.7741
- CBSA code
- 43260
- CBSA name
- SHERIDAN, WY MICROPOLITAN STATISTICAL AREA
