625 Valley RdTorrington, WY 82240

  • Office properties
  • 1,040 SF
For Sale
$275,000 View listing

Property Details for 625 Valley Rd

Year built
1976
Construction
FRAME
Lot size
0.35 AC
Property size (Sq ft)
1,040 SF
Property type
Office properties
Property subtype
Office buildings
APN
24610940011000
APU
24610940011000

Description

This exceptional commercial property, located at 625 W Valley Road in Torrington, Wyoming, presents a significant opportunity for businesses seeking a substantial office space. The building boasts a generous 8,280 square feet of usable area, providing ample room for various office configurations and potential expansion. Situated on a conveniently sized 0.35-acre lot, the property offers ample parking and outdoor space. The asking price of $275,000 represents exceptional value for a building of this size and location in Torrington. The property's address is easily accessible, providing convenient access for employees and clients alike. This is an ideal location for a variety of businesses, offering a blend of practicality and potential. The building's substantial square footage allows for flexibility in layout and design, catering to diverse business needs. The 0.35-acre lot provides ample space for parking and potential future development. This presents a rare opportunity to acquire a well-situated, sizable office building at a competitive price point in the thriving Torrington market. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Don't miss this chance to secure a prime commercial space in a desirable location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $248,482
    6.5%
    $229,368
    7%
    $212,984
  • Comparable approach

    Method
    Valuation
    Relative Method
    $273,091
    Geo Method
    $85,925
  • Alternative Use

    Use
    Valuation
    Residential
    $284,416
    Hospitality
    $260,524
    Educational
    $216,753
    Medical
    $224,207
    Retail
    $337,171
625 Valley Rd, Torrington, Wyoming
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Location Insight

City
Torrington
County
Goshen
State
Wyoming
Latitude
42.0659
Longitude
-104.192

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,486
$4,152
$17,220
$21,372
-
$43,710
$181,264
$224,974

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