128 Midwest AveCasper, WY 82601

  • Investment properties
  • 3,802 SF
For Sale
$1,500 View listing

Property Details for 128 Midwest Ave

Year built
1914
Lot size
0.10 AC
Property size (Sq ft)
3,802 SF
Property type
Investment properties
Property subtype
Live-work space
APN
3379-09-10-8-01500
APU
33790910801500

Description

This exceptional office building, located at 128 W Midwest Avenue in Casper, Wyoming, presents a compelling investment opportunity. Boasting a generous 3,802 square feet of usable space, this property is ideally suited for a variety of businesses seeking a functional and cost-effective workspace. The building is situated on a lot with no acreage, making it low-maintenance and easy to manage. The asking price of $1,500 represents an attractive entry point into the Casper commercial real estate market. Given its size and location, this property offers significant potential for growth and return on investment. The building's interior layout is adaptable to suit diverse business needs, allowing for customization to optimize workflow and productivity. Its strategic location in Casper provides easy access to major transportation routes and a vibrant business community. This is a rare opportunity to acquire a well-positioned office building at a highly competitive price. Serious inquiries are encouraged to explore the full potential of this valuable asset. The property is ready for immediate occupancy, offering a seamless transition for businesses seeking a new home. Further details regarding the building's specifications and potential uses are available upon request. Don't miss this chance to secure a prime commercial property in a thriving Wyoming market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $823,554
    6.5%
    $760,204
    7%
    $705,904
  • Comparable approach

    Method
    Valuation
    Relative Method
    $907,867
    Geo Method
    $314,121
  • Alternative Use

    Use
    Valuation
    Residential
    $942,653
    Hospitality
    $863,465
    Educational
    $718,393
    Medical
    $743,100
    Retail
    $1,117,500
128 Midwest Ave, Casper, Wyoming

Location Insight

City
Casper
County
Natrona
State
Wyoming
Latitude
42.8472
Longitude
-106.326
CBSA code
16220
CBSA name
CASPER, WY METROPOLITAN 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
$3,928
$5,893
$38,300
$44,193
-
$62,028
$403,161
$465,189

FAQs

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