460 University AveLaramie, WY 82072

  • Warehouses
  • 16,212 SF
For Lease
$3.22/SF/YR View listing

Property Details for 460 University Ave

Year built
1900
Lot size
2.00 AC
Property size (Sq ft)
16,212 SF
Property type
Warehouses
APN
16733210001700
APU
16733210001700

Description

This exceptional industrial property, located at 460 W University Ave, Laramie, WY 82072, offers 22,359 square feet of versatile space ideal for various uses. The single-tenant building, classified as Class C, boasts a blend of warehouse, manufacturing, and traditional office areas. Built in 1900 and renovated in 2010, the property features a 26-foot ceiling height, providing ample vertical space. The building comprises three distinct units: a welding shop, a cabinetry shop complete with a paint booth, and a sizable warehouse/storage area, all complemented by dedicated office space. The property sits on a 2.81-acre lot and includes 50 parking spaces and two drive-in bays. The building benefits from 220V, 3-phase power. Zoned I2, this property presents a significant opportunity. A new roof, installed at a cost of $80,000, ensures long-term structural integrity. The asking lease rate is $6,000 per month, NNN ($3.22 SF), but the owner is open to negotiations and may consider partial leasing. This prime West Laramie location, near University Avenue, offers excellent accessibility and visibility. The property's APN is 16733210001700.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,220,982
    Hospitality
    $3,866,396
    Educational
    $3,216,796
    Medical
    $3,327,427
    Retail
    $5,003,906
460 University Ave, Laramie, Wyoming

Location Insight

City
Laramie
County
Albany
State
Wyoming
Latitude
41.3134
Longitude
-105.602
CBSA code
29660
CBSA name
LARAMIE, WY MICROPOLITAN 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
2022
$7,826
$33,933
$73,267
$107,200
-
$357,192
$771,224
$1,128,416

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