514 Pershing AveRiverton, WY 82501

Property Details for 514 Pershing Ave

Year built

1982

Lot size

1.22 AC

Property size (Sq ft)

14,784 SF

Property type

Outlet malls

APN

10-9114-27-4-33-009.00

APU

1091142743300900

Description

This exceptional 1,656 square foot retail space is available for lease in a thriving Riverton, Wyoming shopping center. Located at 514 E Pershing Ave, Suite B, this single-tenant unit boasts high visibility due to its prominent location fronting E Pershing Ave. The property is situated within a shopping center anchored by Family Dollar, ensuring consistent foot traffic and brand recognition. Built in 1982, this Class C building offers convenient access and ample parking with 20 spaces available. The interior features desirable attributes including two bathrooms, a dedicated reception area, high ceilings, and air conditioning. The layout also includes several individual office spaces, ideal for a variety of business needs. The space is zoned Commercial - Highway (C-H). The property consists of a single-story building totaling 1,656 square feet. The electrical system is 115V. The landlord is willing to offer a tenant improvement allowance, making this an attractive opportunity for businesses seeking a move-in ready space. This is a fantastic chance to establish or expand your business in a high-traffic area of Riverton.

• CAP approach

  CAP return

  Valuation

  6%

  $4,825,084

  6.5%

  $4,453,923

  7%

  $4,135,786

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,419,530

  Geo Method

  $3,078,064

• Alternative Use

  Use

  Valuation

  Residential

  $3,757,051

  Hospitality

  $3,441,438

  Educational

  $2,863,236

  Medical

  $2,961,708

  Retail

  $4,453,923

Location Insight

City

Riverton

County

Fremont

State

Wyoming

Latitude

43.0308

Longitude

-108.384

CBSA code

40180

CBSA name

RIVERTON, WY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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