1307 Crook AveCheyenne, WY 82001

  • Medical offices
  • 1,949 SF
For Sale
$475,000 View listing

Property Details for 1307 Crook Ave

Year built
1952
Lot size
0.15 AC
Property size (Sq ft)
1,949 SF
Zone code
CB
Property type
Medical offices
Property subtype
Medical centers
APN
15105000200130
APU
15105000200130

Description

This exceptional commercial property, located at 1307 Crook Avenue in Cheyenne, Wyoming, presents a unique investment opportunity. Situated on a desirable 0.15-acre lot, this general commercial property is priced competitively at $475,000. The property's address offers excellent visibility and accessibility, making it ideal for a variety of business ventures. While the exact square footage is currently unavailable, the generous lot size provides ample space for development or expansion. The property's location within Cheyenne offers access to a robust local economy and a growing population. This presents a strong potential for return on investment, whether for immediate occupancy or future development plans. The property's versatility allows for a wide range of potential uses, making it an attractive option for entrepreneurs and investors alike. Serious inquiries are encouraged to explore the possibilities this prime Cheyenne location offers. Further details regarding the property's specifics are available upon request. Don't miss this chance to acquire a valuable piece of commercial real estate in a thriving Wyoming market. Act quickly, as opportunities like this are rare. The property is ready for its next chapter, and your vision could be the key to its success. Contact us today to schedule a viewing and begin exploring the potential of this exceptional investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $465,664
    6.5%
    $429,844
    7%
    $399,141
  • Comparable approach

    Method
    Valuation
    Relative Method
    $511,784
    Geo Method
    $161,026
  • Alternative Use

    Use
    Valuation
    Residential
    $533,007
    Hospitality
    $488,231
    Educational
    $406,203
    Medical
    $420,173
    Retail
    $631,871
1307 Crook Ave, Cheyenne, Wyoming

Location Insight

City
Cheyenne
County
Laramie
State
Wyoming
Latitude
41.1378
Longitude
-104.789
CBSA code
16940
CBSA name
CHEYENNE, WY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,081
$8,219
$21,297
$29,516
-
$86,513
$224,184
$310,697

FAQs

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