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    3281 State Highway 89 N Evanston, WY 82930

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    For Sale
    $3,500,000

    Industrial park with value-add potential in Evanston, Wyoming.

    Property size:
    48,152 SF
    Lot size:
    6.68 Acres

    Property Features for 3281 State Highway 89 N

    General Information

    Size
    48,152 SF
    Lot size
    6.68 Acres

    Source: Peak Collective Real Estate Agent Kody Watts

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Evanston Industrial Park Investment Opportunity

    This industrial park in Evanston, WY, presents an opportunity for owner-users or investors looking to expand their business operations. The property features 10 separate units totaling 45,152 square feet on a 6-AC lot. A 9,000 SF unit is available immediately, and most tenants are on month-to-month leases. The property offers a value-add opportunity with under-market rents. There is potential to construct additional buildings on available land. The location is approximately 0.5 miles from an electrical substation and about an hour's drive from Salt Lake City, UT. The property is located in a federal opportunity zone. Seller financing is available with a potential loan amount of $3,150,000, requiring a $350,000 down payment, at a 7% interest rate, amortized over 20 years, resulting in payments of $24,422.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Building Supply Auto Repair Shop Storage Facility Garden Center Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Evanston
    County
    Uinta
    State
    Wyoming
    Longitude
    -110.994573
    Latitude
    41.314793

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    FAQs

    What type of property is this?
    Specialty property - Industrial park with value-add potential in Evanston, Wyoming.
    Where is this specialty property located?
    The property is located at 3281 State Highway 89 N Evanston, WY.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Significant value-add opportunity with under-market rents and potential to increase net operating income to $288,924.; - 9,000 SF available immediately for owner-user, offering immediate operational space.; - Seller financing available with attractive terms: $3,150,000 loan, $350,000 down payment, 7% interest, 20-year amortization, and $24,422 monthly payment.
    (801) 809-0914
    Request Owner's contact information
    3281 State Highway 89 N Evanston, WY 82930
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    Evanston, WY 82930
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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
    3281 State Highway 89 N Evanston, WY 82930
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