Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Turnkey Restaurant with Commercial Kitchen Title is generated by Realmo AI

    515 W 5TH ST, Pine Bluffs, WY 82082

    View on Map
    Claim this Listing
    For Sale
    $485,000

    COMMERCIAL - Pine Bluffs, WY

    Property size:
    2,400 SF
    Lot size:
    0.39 Acres
    Price / SF:
    $202/SF
    Added:
    May 19, 2026
    Days on Market:
    18
    Last Refresh:
    Jun 5 at 6:06 pm

    Property Features for 515 W 5TH ST

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Appliances
    Building, Business, Fixtures, Land
    Standard status
    Active
    Size
    2,400 SF
    Lot size
    0.39 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    See Below
    Tax Annual Amount
    2450

    Building Details

    Year built
    2019
    Building materials
    Brick, Steel
    Roof type
    Metal

    We can help!

    Listing Contact
    Natacha Gaspar
    Natacha Gaspar

    Listing agent Natacha Gaspar License #RE-14023

    Listing office #1 Properties 6106 Yellowstone Rd, Cheyenne, WY

    Listing date May 19, 2026

    MLS# 100929

    Copyright © 2026 Cheyenne Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Restaurant/food‑service property built in 2019 with brick and steel construction materials
    • Metal roof and modern commercial build with a functional front‑of‑house and back‑of‑house setup
    • Includes commercial kitchen equipment: fryers and hood system, plus tables and chairs
    • Point‑of‑sale equipment and fixtures included with the sale
    • Sale includes restaurant essentials: salt and pepper shakers and other included fixtures/items
    • Ample paved parking and building signage/exposure mentioned in public remarks

    Overview

    This turnkey restaurant opportunity was constructed in 2019 and is offered as a move-in-ready food service facility. The sale includes the commercial kitchen equipment and core systems, including fryers and the hood system, as well as tables and chairs, point-of-sale equipment, and fixtures. Front-of-house and back-of-house infrastructure is already in place, reducing the need for start-up build-out for an operator looking to open quickly.

    The property sits on a paved lot with ample parking and is positioned for strong public visibility and exposure. The address is 515 W 5TH ST in Pine Bluffs, Wyoming, within Laramie County, and the offering is presented as a high-traffic retail-oriented location suited to a customer-facing concept.

    The combination of a relatively newer build and the included kitchen and service equipment supports a range of restaurant, cafe, or food service formats for an owner-operator or investor. Because many operational components are already included in the sale, the property can be a practical fit for buyers who want to focus on the business without waiting on equipment installation and initial in-space improvements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Law Firm Big Box & Wholesale Store Auto Repair Shop Hair Salon Spa & Massage Center Dental Office Hotel & Motel Auto Parts Store Pharmacy Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pine Bluffs
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.075353
    Latitude
    41.180063

    Nearby Similar for Sale

    • $288,000
      18,095 SF

      Flex Warehouse with Rail Spur Access

      Warehouse and office space with rail spur access, multiple doors, and utilities including three-phase power and natural gas heaters.
      117 HIGHWAY 30, Pine Bluffs, WY 82082
      View Details
    • $229,900
      1,144 SF

      Turnkey Office and Storefront Building

      Updated office and storefront space with a refreshed interior and updated bathroom, positioned for visibility off Butler Avenue.
      205 BUTLER AVE, Pine Bluffs, WY 82082
      View Details
    • $229,900
      1,144 SF

      Wyoming Commercial Building For Sale

      Commercial building in Pine Bluffs, Wyoming, with expansion potential.
      205 Butler Ave, Pine Bluffs, WY 82082
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Turnkey restaurant building constructed in 2019, sold with kitchen equipment and point-of-sale for immediate operation.
    Where is this conventional restaurant located?
    The property is located at 515 W 5TH ST Pine Bluffs, WY.
    What is the asking price?
    The asking price for this property is $485,000.
    What are key features of this property?
    This property features: Restaurant/food‑service property built in 2019 with brick and steel construction materials; Metal roof and modern commercial build with a functional front‑of‑house and back‑of‑house setup; Includes commercial kitchen equipment: fryers and hood system, plus tables and chairs
    (307) 640-6915
    We can help!
    Listing Contact
    Natacha Gaspar
    Natacha Gaspar
    Real Estate License ID: RE-14023
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    515 W 5TH ST, Pine Bluffs, WY 82082
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!