1720 Poplar StCasper, WY 82601

  • Medical offices
  • 4,026 SF
For Sale
$775,000 View listing

Property Details for 1720 Poplar St

Year built
1961
Lot size
0.13 AC
Property size (Sq ft)
4,026 SF
Property type
Medical offices
Property subtype
Medical centers
APN
3379-17-10-0-01100
APU
33791710001100

Description

This 4,026-square-foot, single-story medical office building in Casper, Wyoming, presents a compelling investment opportunity. Located at 1720 S Poplar St, this Class B property boasts a prime location at a busy intersection with over 25,000 cars daily, offering exceptional visibility and accessibility. The building, constructed in 1961, sits on a 20,038-square-foot lot and features four separately metered units, ideal for multiple tenants or a single large user. Currently vacant, the adaptable interior can be configured to accommodate various business needs, from individual suites to a large open space. The property is fully ADA accessible and includes ample parking for 20+ vehicles. Zoned C-2 Commercial, it allows for a wide range of uses. Its strategic location near Interstate 25 and numerous established businesses, including Walgreens, Wendy's, and Albertsons, ensures high traffic and strong potential for success. The asking price is $775,000. This is a rare opportunity to acquire a well-situated commercial property in a thriving Casper neighborhood.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $872,058
    6.5%
    $804,977
    7%
    $747,478
  • Comparable approach

    Method
    Valuation
    Relative Method
    $961,337
    Geo Method
    $332,628
  • Alternative Use

    Use
    Valuation
    Residential
    $998,171
    Hospitality
    $914,319
    Educational
    $760,703
    Medical
    $786,865
    Retail
    $1,183,316
1720 Poplar St, Casper, Wyoming

Location Insight

City
Casper
County
Natrona
State
Wyoming
Latitude
42.8332
Longitude
-106.337
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
$3,995
$6,730
$48,072
$54,802
-
$70,847
$506,025
$576,872

FAQs

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