Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1800 Dewar Dr Rock Springs, WY 82901

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1800 Dewar Dr Rock Springs, WY 82901

    View on Map
    • Land
    • 10.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1800 Dewar Dr

    Lot size
    10.00 lot acres
    Property type
    Land

    Description

    This exceptional 10-acre commercial land parcel presents a unique investment opportunity in Rock Springs, Wyoming. Located at 1800 Dewar Drive, in Sweetwater County, zip code 82901, this property offers significant potential for various commercial developments. The expansive lot size provides ample space for large-scale projects, allowing for flexibility in design and functionality. The property's location within Rock Springs offers convenient access to major transportation routes and essential amenities, making it an attractive site for businesses seeking a strategic location. The land is currently listed at $15.00 per square foot. While the listed building square footage is 4,356,000, it's important to note that this refers to potential buildable area, not an existing structure. This is a blank canvas for your vision, allowing for the creation of a custom-designed commercial space tailored to your specific needs. The property's coordinates are 41.585709 latitude and -109.215416 longitude. Serious inquiries are encouraged to explore the possibilities of this substantial commercial land offering. This is a rare opportunity to acquire a significant land parcel in a growing Wyoming community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rock Springs
    County
    Sweetwater
    State
    Wyoming
    Longitude
    -109.215
    Latitude
    41.5857

    Comparable in this City

    • Value Estimation by Request
      2.60 Acres

      Gtwy Blvd -

      Land • 2.60 Acres
      0 Gtwy Blvd -, Rock Springs, WY 82901
      View Details
    • Value Estimation by Request
      11.15 Acres

      Gtwy Blvd -

      Land • 11.15 Acres
      0 Gtwy Blvd -, Rock Springs, WY 82901
      View Details
    • Value Estimation by Request
      2.89 Acres

      Gateway Blvd

      Land • 125,888 SF
      0 Gateway Blvd, Rock Springs, WY 82901
      View Details
    • Value Estimation by Request
      36.51 Acres

      1525 Cumberland Dr

      Land • 36.51 Acres
      1525 Cumberland Dr, Rock Springs, WY 82901
      View Details
    • Value Estimation by Request
      2.58 Acres

      Gtwy Blvd -

      Land • 2.58 Acres
      0 Gtwy Blvd -, Rock Springs, WY 82901
      View Details
    • Value Estimation by Request
      4.00 Acres

      Summit Dr

      Land • 4.00 Acres
      0 Summit Dr, Rock Springs, WY 82901
      View Details

    Similar Nearby for Sale

    • $425,250
      2.43 Acres

      Gateway Blvd

      Land • 105,851 SF
      0 Gateway Blvd, Rock Springs, WY 82901
      View Details
    • Contact for pricing

      Land in Rock Springs Growth

      Land with easy access to utilities and residential areas.
      Foothill R5, Rock Springs, WY 82901
      View Details
    • Contact for pricing

      320 Acres South of Rock

      320 acres of land with views and wildlife habitat.
      South Belt Loop, Reliance, WY 82901
      View Details
    • Contact for pricing

      Prime Location Lots in Rock

      Great investment opportunity in Rock Springs, Wyoming.
      Gtwy Blvd -, Rock Springs, WY 82901
      View Details
    • Contact for pricing

      17 Acre Industrial Parcel

      High visibility industrial land with potential for rail access.
      1680 Blair Ave, Rock Springs, WY 82901
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      151 Industrial Dr, Rock Springs, WY 82901

      Truck stops
      151 Industrial Dr, Rock Springs, WY 82901
      View Details
    • Contact for pricing

      Industrial Building with Fenced Lot

      3730 SF industrial building with shop, offices, and storage.
      266 Production Dr, Rock Springs, WY 82901
      View Details
    • Contact for pricing

      Retail Spaces in Active Corridor

      Retail spaces available in high-traffic Rock Springs location.
      2400 Foothill Blvd, Rock Springs, WY 82901
      View Details
    • Contact for pricing

      Retail Space in White Mountain

      Retail spaces available at White Mountain Shopping Center.
      2421 Foothill Blvd, Rock Springs, WY 82901
      View Details
    • Contact for pricing

      Industrial Facility with Rail Spur

      226,639 SF industrial facility with rail access and ample parking.
      1801 W Blairtown Rd, Rock Springs, WY 82901
      View Details
    • Contact for pricing

      Retail Space in Rock Springs

      Retail spaces for lease with excellent visibility and frontage.
      1405 Dewar Dr, Rock Springs, WY 82901
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1800 Dewar Dr
    Rock Springs, WY 82901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!