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    11235 Highway 789 Riverton, WY 82501

    Sponsored
    For Sale
    $1,600,000

    Prime Riverton location, 775 sq ft building, 9.46 acres.

    Property size:
    775 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This exceptional commercial property, located at 11235 Highway 789 in Riverton, Wyoming, presents a unique investment opportunity. The property encompasses a substantial 9.46 acres of land, providing ample space for expansion or future development. The existing building offers 775 square feet of usable space, ideal for a variety of commercial ventures. Its strategic location on Highway 789 ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in the Riverton market. The asking price of $1,600,000 reflects the significant potential offered by this substantial land holding and existing structure. This property is well-suited for a range of commercial uses, from retail and office space to light industrial operations. The expansive acreage allows for significant flexibility in terms of future development and expansion, catering to a variety of business needs. Given its size, location, and price point, this property represents a compelling investment opportunity in the thriving Riverton, Wyoming commercial real estate market. Serious inquiries are encouraged to explore the full potential of this remarkable offering. The property is ready for immediate occupancy and offers a blank canvas for a discerning buyer to create a thriving business.

    Property Features for 11235 Highway 789

    General Information

    Property type
    Other commercial real estate
    Square Feet
    775 SF
    Lot Size
    412,078 SF

    Building Details

    Year Built
    1983
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Wholesale Shop Auto Repair Shop Department Store Storage Facility HVAC Service Butcher

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

    Location Insight

    • Map
    • Local Demand
    City
    Riverton
    County
    Fremont
    State
    Wyoming
    Longitude
    -108.3338
    Latitude
    43.11536

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Riverton location, 775 sq ft building, 9.46 acres.
    Where is this commercial real estate located?
    The property is located at 11235 Highway 789 Riverton, WY.
    What is the asking price?
    The asking price for this property is $1,600,000.
    (307) 856-3999
    Request Owner's contact information
    11235 Highway 789 Riverton, WY 82501
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    Riverton, WY 82501
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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
    11235 Highway 789 Riverton, WY 82501
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