743 E US Hwy 16

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743 E US Hwy 16

150126, WY 82801
Asking Price
$3.00M
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The site encompasses 43 acres of land for development.
  • Current asking price for the property is $2,995,000.
  • Property features direct frontage along E US Hwy 16.
  • Location is situated within the Sheridan, Wyoming market area.
  • Geography is suitable for various commercial or industrial uses.

What's Special

This 43-acre parcel is available for acquisition at an asking price of $2,995,000. Positioned along E US Hwy 16 in Sheridan, Wyoming, the site benefits from direct highway frontage in a region known for its strong agricultural roots and growing small-business economy. The expansive acreage provides significant flexibility for developers and investors seeking to capitalize on the steady demand for land within the Sheridan area. Given the site size and location, the property serves as a logical candidate for mixed-use development, industrial operations, or large-scale commercial ventures. The flat topography and highway access make it suitable for distribution centers or retail projects requiring high visibility. Local economic trends continue to draw interest to this segment of Wyoming, as regional infrastructure supports long-term growth and commercial expansion efforts. Investors looking for a strategic land holding in the northern part of the state will find this plot positioned to accommodate various operational requirements.

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NOI
$80,000
Cap Rate
2.67%
DSCR
0.45
Underwater
Cash-on-Cash
-10.89%
Monthly Payment
$14,817.626
Annual Cash Flow
$-97,811.51

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