504 9Th StWheatland, WY 82201

Property Details for 504 9Th St

Year built

1903

Lot size

0.08 AC

Property size (Sq ft)

859 SF

Property type

Investment properties

Property subtype

Live-work space

APN

246813112008CM

APU

246813112008CM

Description

This exceptional commercial property, located at 504 9th Street in Wheatland, Wyoming, presents a compelling investment opportunity. The building encompasses 966 square feet of versatile space, ideal for a variety of commercial uses. Situated on a lot with no acreage, this property offers convenient access and minimal land maintenance. The asking price is $99,500, representing a strong value in the current market. The property's location in Wheatland provides excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the community. The building's interior layout is adaptable to suit diverse business needs, offering potential for customization and expansion. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Wyoming town. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Serious inquiries are encouraged to explore the potential of this valuable asset. The absence of acreage simplifies property management and reduces ongoing costs. This makes it an especially attractive option for investors seeking a low-maintenance, high-return investment. The building's solid construction ensures longevity and durability, minimizing future maintenance expenses. Don't miss this chance to secure a prime commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $205,236

  6.5%

  $189,449

  7%

  $175,917

• Comparable approach

  Method

  Valuation

  Relative Method

  $225,563

  Geo Method

  $70,971

• Alternative Use

  Use

  Valuation

  Residential

  $234,917

  Hospitality

  $215,182

  Educational

  $179,029

  Medical

  $185,186

  Retail

  $278,490

Location Insight

City

Wheatland

County

Platte

State

Wyoming

Latitude

42.053

Longitude

-104.953

Property Tax & Assessments

FAQs

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