4030 Lake Creek DrWilson, WY 83014
- Investment properties
- 24,110 SF
Property Details for 4030 Lake Creek Dr
- Year built
- 1979
- Construction
- FRAME
- Lot size
- 0.66 AC
- Property size (Sq ft)
- 24,110 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 41171113500400
- APU
- 41171113500400
Description
This exceptional freestanding retail property, totaling 24,110 square feet, presents a rare investment opportunity in the highly sought-after Jackson Hole Valley. Situated on a 0.66-acre lot in Wilson, Wyoming, this two-story building boasts 10 parking spaces and offers a maximum contiguous space of 5,905 square feet, ideal for a variety of retail concepts. Constructed in 1979 and renovated in 1993, the property benefits from its location on Highway 390, just four miles south of the Jackson Hole Mountain Resort. This is the only commercial building available on the West Bank of Jackson Hole and the largest available in Teton County. The property's location within the exclusive Jackson Hole Valley, known for its stunning natural beauty, world-class skiing, and proximity to Grand Teton National Park, ensures high visibility and significant foot traffic. The limited supply of commercial real estate in the area, coupled with the consistently strong demand, makes this a truly unique investment opportunity. The property's multiple tenancy allows for flexibility and potential for diverse revenue streams. This is a chance to establish a presence in one of the most exclusive and desirable locations in the United States, a destination for both high-net-worth individuals and international visitors. The property's size and location make it an ideal investment for businesses seeking to capitalize on the thriving tourism and affluent residential market of Jackson Hole.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,053,164
- 6.5%
- $4,664,460
- 7%
- $4,331,284
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,700,716
- Geo Method
- $1,991,968
-
Alternative Use
- Use
- Valuation
- Residential
- $5,783,930
- Hospitality
- $5,298,048
- Educational
- $4,407,914
- Medical
- $4,559,509
- Retail
- $6,856,756
Location Insight
- City
- Wilson
- County
- Teton
- State
- Wyoming
- Latitude
- 43.5308
- Longitude
- -110.843
- CBSA code
- 27220
- CBSA name
- JACKSON, WY-ID MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Lease
FAQs
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