266 Production DrRock Springs, WY 82901

Property Details for 266 Production Dr

Year built

1975

Lot size

0.44 AC

Property size (Sq ft)

3,000 SF

Property type

Warehouses

APN

1905-22-1-00-025-00

APU

19052210002500

Description

This exceptional single-tenant industrial warehouse, located at 266 Production Drive, offers 3,000 square feet of versatile space ideal for a variety of businesses. Built in 1975, this Class B property sits on a 0.44-acre fenced lot, providing ample room for operations and storage. The building's layout includes a spacious 2,500-square-foot shop area, perfect for manufacturing or warehousing needs. In addition, there are 500 square feet of office space for administrative functions and a 730-square-foot mezzanine level offering valuable extra storage capacity. The property is zoned I-2, ensuring compatibility with a wide range of industrial uses. Its central location makes it easily accessible for employees and clients alike. The property is offered as a triple net lease, providing a straightforward and transparent ownership structure. This is a rare opportunity to acquire a well-maintained, functional warehouse in a desirable location. The entire 3,000 square feet is currently vacant and ready for immediate occupancy. Don't miss this chance to secure this prime industrial asset.

• CAP approach

  CAP return

  Valuation

  6%

  $1,398,660

  6.5%

  $1,291,070

  7%

  $1,198,850

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,134,630

  Geo Method

  $396,576

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $662,767

  Mixed-Use / Specialty

  $660,966

  Hospitality / Lodging

  $485,662

  Office

  $657,625

  Institutional / Educational

  $687,340

  Residential Income

  $804,187

  Multifamily

  $961,383

  Automotive / Energy

  $589,148

  Parking / Income-Based Land

  $202,753

  Restaurant / Food Service

  $344,974

  Healthcare / Senior Housing

  $677,232

Location Insight

City

Rock Springs

County

Sweetwater

State

Wyoming

Latitude

41.615

Longitude

-109.238

CBSA code

40540

CBSA name

ROCK SPRINGS, WY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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