51 Main StCowley, WY 82420
- Investment properties
- 3,120 SF
Property Details for 51 Main St
- Year built
- 2004
- Lot size
- 0.13 AC
- Property size (Sq ft)
- 3,120 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 57963220300466
- APU
- 57963220300466
Description
This exceptional commercial property, located at 51 E Main St in Cowley, Big Horn County, presents a unique opportunity for businesses seeking a high-visibility location. Built in 2004, the single-tenant building offers a generous 3,120 square feet of space, ideal for a variety of commercial uses. The property's strategic position on Main Street ensures significant foot and vehicle traffic, benefiting from the proximity to established businesses such as the Bull Pub and Post Office. While the lot size is not specified, the building itself provides ample space for operations. The property is categorized as commercial/industrial leasehold, offering a single suite within the building. This presents a rare chance to establish a presence in a bustling commercial area with excellent accessibility and high visibility, making it an attractive investment for businesses seeking a prominent location in Cowley. The building's 2004 construction suggests a relatively modern structure, potentially minimizing immediate maintenance needs. This prime commercial space is ready for immediate occupancy and offers a strong foundation for business growth. The single-tenant setup provides simplicity and control for the occupant.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $692,875
- 6.5%
- $639,577
- 7%
- $593,892
-
Comparable approach
- Method
- Valuation
- Relative Method
- $789,066
- Geo Method
- $257,774
-
Alternative Use
- Use
- Valuation
- Residential
- $793,075
- Hospitality
- $726,452
- Educational
- $604,400
- Medical
- $625,186
- Retail
- $940,178
Location Insight
- City
- Cowley
- County
- Big Horn
- State
- Wyoming
- Latitude
- 44.8838
- Longitude
- -108.468
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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