320 Grand AveLaramie, WY 82070

Property Details for 320 Grand Ave

Year built

1930

Lot size

0.64 AC

Property size (Sq ft)

17,457 SF

Property type

Office buildings

APN

16733332000200

APU

16733332000200

Description

This exceptional 0.64-acre commercial lot presents a rare opportunity for development in the vibrant city of Laramie, Wyoming. Situated at 320 Grand Avenue, this property boasts a highly desirable location with excellent visibility and accessibility. The expansive lot offers significant potential for a variety of commercial ventures, from retail spaces to office buildings, or even mixed-use developments. Its size provides ample room for construction and ample parking. The address, 320 Grand Avenue, places the property within a well-established commercial corridor, ensuring high traffic flow and excellent exposure to potential customers. This presents a unique chance to establish a strong presence in a growing community. The absence of existing structures allows for complete design flexibility, enabling the creation of a building tailored to specific business needs. Given the size and location, this property is an exceptional investment opportunity for those seeking to establish a new business or expand an existing one in Laramie. Serious inquiries are encouraged to explore the possibilities this prime commercial land offers. The property is available for lease or sale. Further details are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $3,970,976

  6.5%

  $3,665,516

  7%

  $3,403,694

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,371,042

  Geo Method

  $1,442,297

• Alternative Use

  Use

  Valuation

  Residential

  $4,545,240

  Hospitality

  $4,163,415

  Educational

  $3,463,913

  Medical

  $3,583,042

  Retail

  $5,388,308

Location Insight

City

Laramie

County

Albany

State

Wyoming

Latitude

41.3105

Longitude

-105.593

CBSA code

29660

CBSA name

LARAMIE, WY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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