756 Pilot Butte AveRock Springs, WY 82901

Property Details for 756 Pilot Butte Ave

Year built

1930

Lot size

0.04 AC

Property size (Sq ft)

1,652 SF

Property type

Retail space

APN

1905-26-4-50-010-00

APU

19052645001000

Description

This exceptional retail property, located at 756 Pilot Butte Ave in Rock Springs, Wyoming, presents a fantastic investment opportunity. Boasting 2,913 square feet of space, this building, constructed in 1930, is situated on a 0.04-acre lot and is zoned C-1, allowing for a variety of commercial uses. The property has undergone significant recent updates, including new flooring and renovated bathrooms. The building's prime downtown location ensures high visibility and ample foot traffic, ideal for attracting customers. Beyond the main retail space, the building offers additional leaseable space or office areas, providing flexibility for expansion or multiple tenants. A substantial basement provides ample storage and potential for future development, adding significant value to the property. This well-maintained building is ready for immediate occupancy and represents a rare opportunity to acquire a thriving commercial space in the heart of Rock Springs. The asking price is $215,000. The property's address is 756 Pilot Butte Ave, Rock Springs, WY 82901.

• CAP approach

  CAP return

  Valuation

  6%

  $508,847

  6.5%

  $469,705

  7%

  $436,155

• Comparable approach

  Method

  Valuation

  Relative Method

  $984,056

  Geo Method

  $343,950

• Alternative Use

  Use

  Valuation

  Residential

  $396,214

  Hospitality

  $362,930

  Educational

  $301,953

  Medical

  $312,338

  Retail

  $469,705

Location Insight

City

Rock Springs

County

Sweetwater

State

Wyoming

Latitude

41.5909

Longitude

-109.219

CBSA code

40540

CBSA name

ROCK SPRINGS, WY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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