175 King StJackson, WY 83001

Property Details for 175 King St

Year built

1974

Lot size

0.34 AC

Property size (Sq ft)

6,805 SF

Property type

Office buildings

APN

41163420600700

APU

41163420600700

Description

This exceptional commercial property, located at 175 S King Street Unit 175 in Jackson, Wyoming, presents a unique investment opportunity. Situated just one block east and three blocks south of the Town Square, at the corner of South King Street and East Simpson Avenue, this property boasts a highly desirable location. The building offers a substantial 9,585 square feet of space, encompassing 6,805 square feet above grade and an additional 2,780 square feet in the basement. Currently configured as two separate business suites, the layout is highly adaptable to a variety of commercial uses. The interior features include a spacious conference room complete with a fireplace, multiple large meeting rooms, numerous individual offices, two fully equipped kitchens, and ample storage areas to meet diverse business needs. The property also provides the convenience of 20 off-street parking spaces, a significant advantage in a bustling downtown area. The 0.51-acre lot ensures ample space and potential for future expansion or outdoor amenities. This property is priced at $9,750,000 and offers significant potential for investors and business owners seeking a versatile and well-located commercial space in the heart of Jackson, Wyoming.

• CAP approach

  CAP return

  Valuation

  6%

  $1,250,592

  6.5%

  $1,154,392

  7%

  $1,071,936

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,384,856

  Geo Method

  $562,229

• Alternative Use

  Use

  Valuation

  Residential

  $1,431,447

  Hospitality

  $1,311,198

  Educational

  $1,090,901

  Medical

  $1,128,419

  Retail

  $1,696,957

Location Insight

City

Jackson

County

Teton

State

Wyoming

Latitude

43.4778

Longitude

-110.761

CBSA code

27220

CBSA name

JACKSON, WY-ID MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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