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    5070 2Nd St Casper, WY 82609

    Sponsored
    For Sale
    $6,700,000

    Prime Casper location, ready for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10.98-acre commercial land parcel presents a unique development opportunity in Casper, Wyoming. Located at 5070 E 2nd St, this property boasts unparalleled visibility and accessibility. Its strategic position offers convenient access from I-25 via the Hat Six Rd. and Wyoming Blvd. interchanges, ensuring high traffic exposure for any commercial venture. The property is zoned UA, making it ideal for a variety of retail developments to serve the needs of central Wyoming's growing population. The site's location within Casper's highest growth area guarantees strong returns on investment. Given its size, the owners are open to considering the possibility of dividing the parcel to accommodate multiple users or smaller-scale developments. The asking price for this exceptional property is $6,700,000. The APN is 33780720000200. This is a truly remarkable opportunity to capitalize on the burgeoning commercial landscape of Casper, Wyoming. Don't miss this chance to secure a prime piece of real estate in a thriving market.

    Property Features for 5070 2Nd St

    General Information

    Property type
    Land
    Lot Size
    478,289 SF

    HighLights

    • 10.98‑acre commercial land parcel in Casper, Wyoming, located at 5070 E 2nd St.
    • High visibility and accessibility with I‑25 access via Hat Six Rd. and Wyoming Blvd. interchanges.
    • Zoned UA, suitable for various retail developments.
    • Situated in Casper's highest growth area, promising strong ROI.
    • Owner open to subdividing the parcel.
    • Asking price: $6,700,000; APN: 33780720000200.
    Property Profile Location Intelligence

    Current Use by Public Records

    Olive Garden Italian ... Italian Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Casper
    County
    Natrona
    State
    Wyoming
    Longitude
    -106.2546506
    Latitude
    42.8479975

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    FAQs

    What type of property is this?
    Land - Prime Casper location, ready for development.
    Where is this land located?
    The property is located at 5070 2Nd St Casper, WY.
    What is the asking price?
    The asking price for this property is $6,700,000.
    What are key features of this property?
    This property features: 10.98-acre commercial land parcel in Casper, Wyoming, located at 5070 E 2nd St.; High visibility and accessibility with I-25 access via Hat Six Rd. and Wyoming Blvd. interchanges.; Zoned UA, suitable for various retail developments.
    Request Owner's contact information
    5070 2Nd St Casper, WY 82609
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    Casper, WY 82609
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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
    5070 2Nd St Casper, WY 82609
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