Property profile

727 Brundage Ln Ste A Sheridan, WY 82801

OFF-MARKET
Strip malls
Property ID
US95-0301358
18,429 SF 1.21 ac lot Built 2009
Entity Owned 10-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2009
Total area 18,429 SF
Lot 1.21 ac (52,708 SF)
APN 03-5584-02-2-13-002-25
UPID US95-0301358

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
  • Take-out & Catering Catering Service
  • Atm
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Medical Clinic
  • Physician

Location

727 Brundage Ln Ste A Sheridan, WY 82801-6280
Sheridan metro Census 100 SHERIDAN, WY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$550k

Owner & transaction history

since 2016
1 recorded transaction
2016
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 727 Brundage Ln Ste A?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message