1908 Spruce StRawlins, WY 82301

Property Details for 1908 Spruce St

Year built

1954

Lot size

0.20 AC

Property size (Sq ft)

1,750 SF

Property type

Retail space

APN

21871841200300

APU

21871841200300

Description

This exceptional commercial property located at 1908 W Spruce in Rawlins, Wyoming, presents a fantastic investment opportunity. The building boasts a generous 1,750 square feet of usable space, offering ample room for a variety of businesses. Situated on a conveniently sized 0.2-acre lot, the property provides sufficient outdoor space for parking, loading, or potential expansion. The asking price of $135,000 represents a compelling value in the Rawlins commercial real estate market. The property's location in Rawlins offers access to a strong local economy and a growing community. This versatile space is ideal for entrepreneurs seeking a well-priced location to establish or expand their operations. The building's size and layout provide flexibility for various business models, making it an attractive option for a wide range of commercial ventures. Serious inquiries are encouraged to explore the potential of this prime commercial property. Its strategic location and competitive price point make it a highly desirable asset for those seeking a foothold in the thriving Rawlins business landscape. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Don't miss this chance to acquire a valuable commercial property in a dynamic and growing Wyoming community. Further details and scheduling of viewings can be arranged upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $570,856

  6.5%

  $526,944

  7%

  $489,305

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,114,327

  Geo Method

  $364,354

• Alternative Use

  Use

  Valuation

  Residential

  $444,497

  Hospitality

  $407,157

  Educational

  $338,750

  Medical

  $350,400

  Retail

  $526,944

Location Insight

City

Rawlins

County

Carbon

State

Wyoming

Latitude

41.786

Longitude

-107.258

Property Tax & Assessments

FAQs

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