Property profile

302 Pioneer Ct Fort Laramie, WY 82212

OFF-MARKET
Turn key restaurants
Property ID
US95-0101619
1,013 SF 0.25 ac lot Built 1972
Individually Owned 20-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional turnkey restaurant opportunity in Fort Laramie, Wyoming, presents a unique chance to acquire a thriving business with significant growth potential. Located at 302 Pioneer Ct, 82212, this 1,013 square foot establishment boasts a prime location along a heavily traveled main road, benefiting from upwards of 50,000+ annual tourists and its proximity to the Oregon Trail Scenic Byway and Fort Laramie National Historical Site (just 3 miles away). Built in 1972 and renovated in 1990, the property sits on an 11,000 square foot lot and includes a 40-seat interior dining area and a screened patio for additional seating. The restaurant currently operates at 100% occupancy and offers a diverse menu including all-day breakfast, hot and cold lunch items, salads, burgers, and desserts. The business has a proven track record of consistent customer growth, providing a solid foundation for continued success. The asking price is $179,500 ($177.20 per square foot). The property consists of one building, one story, and includes two keys. Fort Laramie does not have zoning laws in effect, offering flexibility for future uses. This is a rare opportunity to own a profitable, established business in a high-traffic location with significant upside potential. The property is available for immediate possession on October 14, 2024.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1972
Total area 1,013 SF
Lot 0.25 ac (11,000 SF)
APN 26642211404700
UPID US95-0101619

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

302 Pioneer Ct Fort Laramie, WY 82212-7635
Fort Laramie metro Census 957700
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$165k

Owner & transaction history

since 2006
1 recorded transaction
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
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