You are browsing as a guest. Register to access key data for free.
Property profile

7436 State Hwy 89th N Evanston, WY 82930

Grocery and convenience stores
Property ID
US95-0264665
View Sample
3,022 SF 1 ac lot Built 1982
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional investment opportunity presents a fully renovated restaurant ideally situated on Highway 89 in Evanston, Wyoming. Recently updated and formerly known as the Hornets Nest, this property offers a unique blend of classic charm and modern functionality. The building sits on one acre of land, providing ample parking for patrons and convenient access for customers. The interior boasts a completely remodeled dining area, designed to create a warm and inviting atmosphere for diners. The kitchen is fully equipped with state-of-the-art appliances, ensuring efficient and effective food preparation. This turnkey operation is ready for immediate occupancy, eliminating the need for extensive renovations or upgrades. The outdoor seating area is perfect for expanding capacity during warmer months, adding to the overall appeal and potential revenue streams. High visibility from Highway 89 guarantees significant exposure to both local residents and travelers, ensuring a steady flow of potential customers. This is a rare chance to acquire an established restaurant in a desirable location, making it an attractive proposition for both experienced restaurateurs and ambitious entrepreneurs seeking a profitable venture. The property's prime location and recent renovations combine to create a compelling investment opportunity in the vibrant Evanston community.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1982
Total area 3,022 SF
Lot 1 ac (43,560 SF)
APN 16211310004200
UPID US95-0264665

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2021
Price N/A
2006
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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