Wyoming Commercial Building For
For Sale
$205,000
205 Butler Ave, Pine Bluffs, WY
Commercial building in Pine Bluffs, Wyoming, with expansion potential.
Property Size1,144 SF
Price / SF$179.20
Days on Market211
Property Features for 205 Butler Ave
General Information
Standard status
Active
Size
1,144 SF
Taxes and HOA fees
Annual Taxes
$451
Listing Agency:
exp REALTY LLC
(531) 215-0265
Listed By:
DEREDE DARDEN · License #RE-16015
(307) 287-8649
Source:
Exprealty
Added: Mar 27
Changed: Oct 16
Last Checked: Oct 23 at 12:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of exp REALTY LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 205 Butler Avenue in Pine Bluffs, Wyoming, this commercial building offers an opportunity for a new business venture. The property is situated in a location suited for business in a small-town Wyoming setting, benefiting from a welcoming community and local traffic. The building provides access to I-80, offering visibility and convenience for customers. The lot provides space for future expansion, parking, or outdoor business use.
Key Highlights
- Best location in Pine Bluffs, Wyoming, ideal for business.
- Easy access to I‑80, providing excellent visibility and customer convenience.
- Spacious lot allows for future expansion, parking, or outdoor business use.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,122
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$262,440
$262.4K
Cap Rate 7%
$187,457
$187.5K
Cap Rate 9%
$145,800
$145.8K
Market Conditions
NOI Build-Up for 1,144 SF
Gross rent
$21.3K $18.60/SF
− Vacancy
−$2.5K −$2.21/SF
EGI
$18.7K $16.39/SF
− OpEx
−$5.6K −$4.92/SF
NOI
$13.1K $11.47/SF
Area
Laramie County, WY
Vacancy
11.90%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$262,440
Cap Rate 7%
$187,457
Cap Rate 9%
$145,800
Alternative Uses
Best Use
Retail
$187.5K
$164.0K – $218.7K
NOI $13,122 @ 7.0% cap · market cap 6.40%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
4k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
2,848 visits/mo
0.5 miles
Napa Auto Parts
Shops & Services
1,471 visits/mo
0.5 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial building in Pine Bluffs, Wyoming, with expansion potential.
Where is this storefront property located?
The property is located at 205 Butler Ave Pine Bluffs, WY.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Best location in Pine Bluffs, Wyoming, ideal for business.; Easy access to I‑80, providing excellent visibility and customer convenience.; Spacious lot allows for future expansion, parking, or outdoor business use.
