4030 Lake Creek DrWilson, WY 83014

  • Investment properties
  • 24,110 SF
For Lease

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
4030 Lake Creek Dr, Wilson, Wyoming

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$69,971
$161,217
$868,192
$1,029,409
-
$1,697,019
$9,138,860
$10,835,879

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