520 Pine AveKemmerer, WY 83101

Property Details for 520 Pine Ave

Year built

2012

Lot size

0.50 AC

Property size (Sq ft)

8,181 SF

Property type

Outlet malls

APN

21161442016000

APU

21161442016000

Description

This exceptional freestanding retail building, located in Kemmerer, Wyoming, presents a unique investment opportunity. Boasting 8,000 square feet of space, this single-tenant property sits on a prominent 0.7-acre lot at the hard corner of Pine Avenue and Pearl Street, ensuring excellent visibility and accessibility. Its central location within Kemmerer's commercial district guarantees high traffic and exposure. The property is zoned as Incorporated, offering flexibility for a variety of retail uses. The building is available for lease or sale, with pricing available upon request. This quietly marketed property offers a rare chance to secure a well-positioned retail space in a thriving community. The property's parcel number is KMER OT B 15 L 01-04 T21 R116 S14, and it is located in Lincoln County. The building is anticipated to be available January 1st, 2025. Interested parties should inquire for pricing and further details. This is an ideal opportunity for businesses seeking a high-profile location with significant visibility in a desirable market. The substantial lot size provides ample space for potential expansion or outdoor amenities.

• CAP approach

  CAP return

  Valuation

  6%

  $2,366,823

  6.5%

  $2,184,760

  7%

  $2,028,706

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,534,760

  Geo Method

  $1,703,304

• Alternative Use

  Use

  Valuation

  Residential

  $1,842,927

  Hospitality

  $1,688,111

  Educational

  $1,404,489

  Medical

  $1,452,791

  Retail

  $2,184,760

Location Insight

City

Kemmerer

County

Lincoln

State

Wyoming

Latitude

41.7971

Longitude

-110.539

Property Tax & Assessments

FAQs

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