Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Rose City Lanes: Turnkey Business Title is generated by Realmo AI

    127 E 3rd St, Lovell, WY 82431

    View on Map
    Claim this Listing
    New
    For Sale
    $499,950

    Business & Building - Lovell, WY

    Lot size:
    0.71 Acres
    Added:
    May 15, 2026
    Days on Market:
    2
    Last Refresh:
    May 16 at 1:06 am

    Property Features for 127 E 3rd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.71 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Duncan Bonine
    Duncan Bonine

    Listing agent Duncan Bonine

    Listing office DBW Realty 956 Road 19, Powell, WY

    Listing date May 15, 2026

    MLS# 10032368 Listing URL

    Copyright © 2026 Northwest Wyoming 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

    • Fully operational 8‑lane bowling alley with established business and customer base.
    • Includes real estate, all bowling equipment, business inventory, and operational assets.
    • Turnkey operation ready for immediate transition to new ownership.
    • Features a fully equipped Hot Stuff Pizza kitchen, creating multiple revenue streams.
    • Serves as a local gathering place with potential for leagues, parties, and events.
    • Located in Lovell, Wyoming, offering a lifestyle business opportunity in a welcoming community.

    Overview

    Rose City Lanes presents a turnkey business opportunity in Lovell, Wyoming. This offering includes the real estate and a fully operational 8-lane bowling facility. The sale encompasses bowling equipment, business inventory, and operational assets. More than just a bowling alley, Rose City Lanes functions as a local gathering place. It features a fully equipped Hot Stuff Pizza kitchen, creating multiple revenue streams through food service, leagues, parties, events, and walk-in recreation. The facility is set up to continue operations with established infrastructure and equipment. The property is located in Lovell - In Town, Wyoming. The lot size is 0.71 acres. The sale includes real estate, bowling lanes and equipment, inventory, and pizza kitchen operations. This property offers the chance to own an established recreational venue with built-in customer appeal and room for growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hot Stuff Pizza ... Take-out & Catering U-Haul Neighborhood Dealer Car Rental Facility

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Lovell
    County
    Big Horn
    State
    Wyoming
    Longitude
    -108.396598
    Latitude
    44.839046

    Nearby Similar for Sale

    • $138,500

      Downtown Lovell Office Building

      Well-maintained office building in a prime downtown location.
      444 Montana Ave, Lovell, WY 82431
      View Details
    • $125,000
      2,658 SF

      Prime Commercial Building in Lovell

      High-visibility commercial building in downtown Lovell, ready for its next chapter.
      490 Shoshone Ave, Lovell, WY 82431
      View Details
    • $259,900

      Commercial Building in Lovell, WY

      3,380 sq. ft. commercial building with established tenant.
      459 Nevada Ave, Lovell, WY 82431
      View Details

    FAQs

    What type of property is this?
    Bowling alley - Established bowling alley with real estate, equipment, and pizza kitchen.
    Where is this bowling alley located?
    The property is located at 127 E 3rd St Lovell, WY.
    What is the asking price?
    The asking price for this property is $499,950.
    What are key features of this property?
    This property features: Fully operational 8‑lane bowling alley with established business and customer base.; Includes real estate, all bowling equipment, business inventory, and operational assets.; Turnkey operation ready for immediate transition to new ownership.
    (307) 254-0533
    We can help!
    Listing Contact
    Duncan Bonine
    Duncan Bonine
    Real Estate License ID: RE-11988
    Learn More
    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
    127 E 3rd St, Lovell, WY 82431
    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!