1016 Spruce St Rawlins, WY 82301
- Strip malls
- 22,916 SF
- 1.53 lot acres
Current Use by Public Records
- Patricia Lea Shue / Association / Organization
- Meadowlark Clinic / Medical Clinic / Blood Testing Service
- Family Dollar / Dollar Store / Clothing Store
- Dr. Joan Johnson / Surgeon / Family Practice Physician
- Stephanie Chiu / Family Practice Physician / Doctor
Property Details for 1016 Spruce St
- Year built
- 1959
- Lot size
- 1.53 lot acres
- Property size
- 22,916 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 21871732900300
- APU
- 21871732900300
Description
This exceptional single-story retail property, located at 1016 W Spruce St, offers 24,727 square feet of commercial space in a thriving retail center. The building features four suites, currently with 2,300 square feet of vacant space available for lease. Two spaces are immediately available, one measuring 500 square feet and the other 1,800 square feet. These spaces can be leased individually or combined to accommodate a variety of business needs. The property benefits from a strong anchor tenant presence, including Dollar Tree and Family Dollar, ensuring high foot traffic and visibility. This prime location provides excellent access for customers and employees alike. The property is ideal for businesses seeking a well-established retail environment with significant potential for growth. The single-story design offers convenient access and ample parking. With its strategic location and attractive lease options, this property presents a compelling opportunity for businesses looking to establish or expand their presence in a vibrant commercial area. The available space is highly adaptable and can be configured to meet the specific requirements of prospective tenants. Don't miss this chance to secure a prominent position in a successful retail center.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $640,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $760,000
- 6.5%
- $745,000
- 7%
- $640,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $710,000
- Geo Method
- $630,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $575,000
- Retail
- $655,000
- Mixed-Use
- $775,000
- Hospitality
- $625,000
- Educational
- $645,000
- Residential Income
- $710,000
- Energy
- $765,000
- Income-Based Land
- $650,000
- Food Service
- $730,000
Location Insight
- Map
- Local Demand
- City
- Rawlins
- County
- Carbon
- State
- Wyoming
- Longitude
- -107.248
- Latitude
- 41.7888
