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    425 Broadway Ave Riverton, WY 82501

    Sponsored
    For Sale
    $1,575,000

    Prime Riverton Warehouse, $1.575M

    Property size:
    22,434 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Riverton, Wyoming industrial property, located at 425 N Broadway Ave, presents a unique investment opportunity. The 22,434 square foot warehouse, built in 1978 with renovations in 1999 and 2008, sits on a spacious 1.67-acre lot in Fremont County (zip code 82501). The single-story building boasts three loading docks, including two dock-high doors and one 14' grade-level door, ensuring efficient loading and unloading. The interior features over 17,000 square feet of refrigerated storage space, perfect for temperature-sensitive goods, plus a 3,600 square foot heated area. Five separate storage areas offer flexible configuration options. Automatic lighting in the larger warehouse units enhances functionality. Beyond the warehouse, the property includes approximately 2,400 square feet of finished space. This area is currently divided into 1,200 square feet of office space and 1,200 square feet of residential space (two bedrooms, one bath, kitchen, living area, laundry, and separate entrance). The residential area offers potential for expansion of office space or separate rental income. The property is zoned for commercial use and is priced significantly below recent appraisal. This highly visible location provides ample space for commercial vehicle maneuverability.

    Property Features for 425 Broadway Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    22,434 SF
    Lot Size
    72,745 SF

    Building Details

    Year Built
    1978
    Buildings
    1
    Stories
    1

    HighLights

    • 22,434 SF industrial warehouse on a 1.67‑acre lot in Riverton, Wyoming (Zip 82501).
    • Built in 1978 with renovations in 1999 and 2008.
    • Features three loading docks (two dock‑high, one grade‑level).
    • Includes over 17,000 SF of refrigerated storage and 3,600 SF of heated space.
    • Offers 2,400 SF of finished space, currently configured as 1,200 SF office and 1,200 SF residential (2 bed/1 bath).
    • Zoned commercial and priced below recent appraisal.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fremont Distributing Beer Distributor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Riverton
    County
    Fremont
    State
    Wyoming
    Longitude
    -108.385787
    Latitude
    43.0285851

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    FAQs

    What type of property is this?
    Distribution property - Prime Riverton Warehouse, $1.575M
    Where is this distribution property located?
    The property is located at 425 Broadway Ave Riverton, WY.
    What is the asking price?
    The asking price for this property is $1,575,000.
    What are key features of this property?
    This property features: 22,434 SF industrial warehouse on a 1.67-acre lot in Riverton, Wyoming (Zip 82501).; Built in 1978 with renovations in 1999 and 2008.; Features three loading docks (two dock-high, one grade-level).
    Request Owner's contact information
    425 Broadway Ave 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
    425 Broadway Ave Riverton, WY 82501
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