103 5Th StRiverton, WY 82501

  • Office buildings
  • 4,250 SF
For Sale
$449,000 View listing

Property Details for 103 5Th St

Year built
1955
Lot size
0.11 AC
Property size (Sq ft)
4,250 SF
Property type
Office buildings
APN
10-9114-34-1-14-009.00
APU
1091143411400900

Description

This exceptional 6,750 square foot office building presents a compelling investment opportunity in the thriving city of Riverton, Wyoming. Situated on a conveniently sized 0.11-acre lot at 103 N 5th St E, this property boasts a prime location within the city's commercial district, offering excellent visibility and accessibility. The building's substantial square footage provides ample space for a variety of business uses, making it ideal for a single large tenant or multiple smaller occupants. The property's current asking price is $449,000, representing a strong value proposition in the current market. Given its size, location, and price point, this office building is well-suited for a range of businesses seeking a prominent and functional space in Riverton. The property's substantial size allows for flexible layouts and configurations, catering to diverse operational needs. Its strategic location ensures high visibility and easy access for clients and employees alike. This presents a rare opportunity to acquire a well-positioned commercial property in a growing market. Serious inquiries are encouraged to explore the potential of this exceptional investment. Further details and viewing arrangements can be made upon request. Don't miss this chance to secure a valuable asset in a dynamic and promising location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $943,592
    6.5%
    $871,008
    7%
    $808,793
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,074,547
    Geo Method
    $351,135
  • Alternative Use

    Use
    Valuation
    Residential
    $1,080,050
    Hospitality
    $989,320
    Educational
    $823,102
    Medical
    $851,410
    Retail
    $1,280,382
103 5Th St, Riverton, Wyoming

Location Insight

City
Riverton
County
Fremont
State
Wyoming
Latitude
43.0251
Longitude
-108.385
CBSA code
40180
CBSA name
RIVERTON, WY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,741
$2,494
$19,776
$22,270
-
$26,250
$208,169
$234,419

FAQs

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