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    225 Wolcott St Casper, WY 82601

    Sponsored
    For Sale
    $499,000

    7,000 SF Sports/Entertainment Building

    Property size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7,000-square-foot commercial property, located at 225 N Wolcott St in Casper, Wyoming, presents a unique investment opportunity. Built in 1910 and situated on a 7,000-square-foot lot, this single-story building is zoned C3 and offers significant potential. Previously configured as a dance studio, the property features three separate dance rooms and boasts 14-foot ceilings, providing ample space and flexibility for a variety of uses within the sports and entertainment sector. The building's prime location in Casper's central business district ensures high visibility and accessibility, complemented by abundant street parking. The asking price is $499,000, translating to $71.29 per square foot. This represents a rare chance to acquire a well-located, adaptable commercial space in a thriving Wyoming market. The property is being offered for sale by owner, providing a streamlined transaction process. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property's address is 225 N Wolcott Street, Casper, WY 82601.

    Property Features for 225 Wolcott St

    General Information

    Property type
    Specialty properties
    Square Feet
    7,000 SF

    Building Details

    Year Built
    1910
    Buildings
    1
    Stories
    1

    HighLights

    • 7,000 SF commercial building on a 7,000 SF lot at 225 N Wolcott St, Casper, WY.
    • C3 zoning allows for diverse uses.
    • Features three dance studios with 14‑foot ceilings.
    • Prime location in Casper's central business district with ample street parking.
    • Offered at $499,000 ($71.29/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    307 Dance Academy Dance School Hair Shack Hair Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Casper
    County
    Natrona
    State
    Wyoming
    Longitude
    -106.3232575
    Latitude
    42.8520325

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    FAQs

    What type of property is this?
    Specialty property - 7,000 SF Sports/Entertainment Building
    Where is this specialty property located?
    The property is located at 225 Wolcott St Casper, WY.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: 7,000 SF commercial building on a 7,000 SF lot at 225 N Wolcott St, Casper, WY.; C3 zoning allows for diverse uses.; Features three dance studios with 14-foot ceilings.
    (307) 259-0716
    Request Owner's contact information
    225 Wolcott St Casper, WY 82601
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    Casper, WY 82601
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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
    225 Wolcott St Casper, WY 82601
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