1130 Rockies CirRock Springs, WY 82901

Property Details for 1130 Rockies Cir

Year built

2005

Lot size

4.91 AC

Property size (Sq ft)

12,500 SF

Property type

Warehouses

APN

1905-15-2-02-016-00

APU

19051520201600

Description

This exceptional 12,500-square-foot commercial property, located at 1130 Rockies Circle in Rock Springs, Wyoming, presents a unique investment opportunity. Situated on a generous 4.91-acre lot, the single-tenant building boasts a versatile layout ideal for a variety of uses, including executive office space, warehouse operations, and distribution. Built in 2005, the property is in excellent condition, having been occupied by low-impact tenants. The building features a high ceiling (24 feet or more), making it suitable for various storage and operational needs. Access is facilitated by 14 dock-high doors, ensuring efficient loading and unloading. The property also includes 25 parking spaces for employees and visitors. The building's electrical system is equipped with 220V electricity. The zoning is designated as Industrial, providing flexibility for a range of businesses. This property offers a perfect blend of reception/retail space, office areas, and a substantial warehouse component, making it an attractive option for businesses seeking a comprehensive and well-maintained facility in Sweetwater County, Wyoming. The property's location in Rock Springs, Wyoming, zip code 82901, provides convenient access to transportation routes and local amenities. The entire 12,500 square feet is currently vacant, offering immediate occupancy for the new owner.

• CAP approach

  CAP return

  Valuation

  6%

  $5,827,760

  6.5%

  $5,379,470

  7%

  $4,995,220

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,727,620

  Geo Method

  $1,652,400

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $2,761,540

  Mixed-Use / Specialty

  $2,754,040

  Hospitality / Lodging

  $2,023,600

  Office

  $2,740,110

  Institutional / Educational

  $2,863,920

  Residential Income

  $3,350,790

  Multifamily

  $4,005,770

  Automotive / Energy

  $2,454,790

  Parking / Income-Based Land

  $844,805

  Restaurant / Food Service

  $1,437,390

  Healthcare / Senior Housing

  $2,821,810

Location Insight

City

Rock Springs

County

Sweetwater

State

Wyoming

Latitude

41.6303

Longitude

-109.252

CBSA code

40540

CBSA name

ROCK SPRINGS, WY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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