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    905 West Spruce Street Rawlins, WY 82301

    Sponsored
    For Sale
    $485,000

    Wyoming hotel with 28 rooms and land. Great investment opportunity.

    Property size:
    10,533 SF

    Description

    Added:
    Jan 15, 2025
    Days on Market:
    356
    This exceptional investment opportunity presents the Rawlins Motor Inn, a 28-room hotel situated in Rawlins, Wyoming, at 905 West Spruce Street, zip code 82301. The property boasts a substantial 10,533 square feet of building space and includes an additional 0.6 acres of land adjacent to the hotel at 909 W Spruce Street. This 0.20-acre parcel is conveyed with the sale. The hotel itself comprises 28 guest rooms and a separate owner's unit, offering significant potential for various uses within the hospitality or real estate sectors. The property is priced at $485,000. The Rawlins Motor Inn presents a unique challenge and reward for investors seeking to capitalize on the potential of this established business in a charming Wyoming town. Detailed financial information is available upon request. The property's size and existing infrastructure provide a solid foundation for future development or continued operation as a thriving hospitality establishment. Serious inquiries only.

    Property Features for 905 West Spruce Street

    General Information

    Property type
    Hotels
    Square Feet
    10,533 SF
    Price / Square Foot
    $46
    Elevators
    N/A
    Lot Size
    26,136 SF

    Building Details

    Units
    28

    HighLights

    • Prime 10,533 sq ft Rawlins, WY hotel with 28 rooms and an owner's unit.
    • Includes 0.6 acres of land, offering expansion potential.
    • Attractive investment opportunity in a charming Wyoming town.
    Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Rawlins
    State
    Wyoming
    Longitude
    -107.246687
    Latitude
    41.78954

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    FAQs

    What type of property is this?
    Hotel - Wyoming hotel with 28 rooms and land. Great investment opportunity.
    Where is this hotel located?
    The property is located at 905 West Spruce Street Rawlins, 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: Prime 10,533 sq ft Rawlins, WY hotel with 28 rooms and an owner's unit.; Includes 0.6 acres of land, offering expansion potential.; Attractive investment opportunity in a charming Wyoming town.
    (801) 884-8816
    Request Owner's contact information
    905 West Spruce Street Rawlins, WY 82301
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    Rawlins , WY 82301
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    Realmo Value Estimation

    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.

    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.

    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
    905 West Spruce Street Rawlins, WY 82301
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