2004 Dewar DrRock Springs, WY 82901

  • Grocery and convenience stores
  • 2,400 SF

Property Details for 2004 Dewar Dr

Year built
1979
Lot size
0.33 AC
Property size (Sq ft)
2,400 SF
Property type
Grocery and convenience stores
APN
1905-34-3-02-019-00
APU
19053430201900

Description

This exceptional investment opportunity presents a 2,400-square-foot gas station situated on a 0.33-acre lot (14,375 square feet) in Rock Springs, Wyoming. The single-story building, constructed in 1979 and renovated in 1998, offers a convenient retail/convenience store. Its strategic location at the intersection of Dewar Drive and Winston Drive, just off Interstate 80, ensures high visibility and accessibility. The property benefits from its proximity to major traffic arteries and is surrounded by complementary businesses, including two hotels (Hampton Inn and Homewood Suites), a Wendy's restaurant, and a Walgreens. This thriving mixed-use area features a blend of fast food, retail, office spaces, and vacant land, creating a dynamic and attractive commercial environment. The property's strong location and existing infrastructure make it an ideal investment for entrepreneurs seeking a well-established retail presence in a high-traffic area of Rock Springs. The property's address is 2004 Dewar Dr, Rock Springs, WY 82901, within Sweetwater County. This turnkey operation presents a rare chance to acquire a profitable business in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $574,397
    6.5%
    $530,213
    7%
    $492,341
  • Comparable approach

    Method
    Valuation
    Relative Method
    $590,005
    Geo Method
    $206,220
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,032,850
    Mixed-Use / Specialty
    $528,772
    Hospitality / Lodging
    $388,529
    Office
    $526,100
    Institutional / Educational
    $549,871
    Residential Income
    $643,349
    Multifamily
    $769,105
    Automotive / Energy
    $471,318
    Parking / Income-Based Land
    $162,202
    Restaurant / Food Service
    $275,978
    Healthcare / Senior Housing
    $541,785

Location Insight

City
Rock Springs
County
Sweetwater
State
Wyoming
Latitude
41.5758
Longitude
-109.248
CBSA code
40540
CBSA name
ROCK SPRINGS, 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
2023
$1,712
$11,949
$11,693
$23,642
-
$125,781
$123,084
$248,865

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