1924 Spruce StRawlins, WY 82301

Property Details for 1924 Spruce St

Year built

1951

Lot size

1.40 AC

Property size (Sq ft)

3,078 SF

Property type

Auto shops

APN

21871841200400

APU

21871841200400

Description

This exceptional commercial property located at 1924 W Spruce Street in Rawlins, Wyoming, presents a significant opportunity for investors and business owners alike. Boasting a substantial 5,632 square feet of space, this general commercial building sits on a generous 1.4-acre lot, offering ample room for expansion, parking, or outdoor operations. The asking price of $299,000 represents a compelling value in the Rawlins market. The property's size and location make it suitable for a wide range of commercial uses, from retail and office space to light industrial or warehousing. Its substantial footprint provides flexibility for customizing the interior layout to meet specific business needs. The expansive lot provides significant potential for future development or expansion of existing operations. The property's address in Rawlins offers convenient access to local amenities, transportation routes, and a growing community. Serious inquiries are encouraged to explore the possibilities this versatile commercial property offers. Detailed property information and specifications are available upon request. This is a rare opportunity to acquire a significant commercial asset in a desirable location at an attractive price point. Don't miss out on this chance to establish or expand your business in Rawlins, Wyoming.

• CAP approach

  CAP return

  Valuation

  6%

  $1,004,054

  6.5%

  $926,819

  7%

  $860,618

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,959,942

  Geo Method

  $640,847

• Alternative Use

  Use

  Valuation

  Residential

  $781,806

  Hospitality

  $716,131

  Educational

  $595,812

  Medical

  $616,303

  Retail

  $926,819

Location Insight

City

Rawlins

County

Carbon

State

Wyoming

Latitude

41.7857

Longitude

-107.258

Property Tax & Assessments

FAQs

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