900 Pronghorn StCasper, WY 82601

Property Details for 900 Pronghorn St

Year built

1984

Lot size

1.23 AC

Property size (Sq ft)

4,050 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

3379-09-20-6-00300

APU

33790920600300

Description

This exceptional commercial property located at 900 Pronghorn St, Casper, Wyoming, 82601 presents a lucrative investment opportunity. The 3,992 square foot retail building, constructed in 1984, sits on a substantial 53,579 square foot lot and boasts excellent visibility due to its location on a high-traffic corridor. The property includes 70 parking spaces, providing ample convenience for customers. Interior features include a fully equipped kitchen with a refrigerator, freezer, and four hoods, along with seating for 70 patrons and two restrooms. The building is equipped with central air and heating, and benefits from a three-phase, 800-amp electrical service. The property is zoned for commercial use and offers a drive-through option, further enhancing its appeal and potential. The asking price is $2,100,000, translating to $526.05 per square foot. Lease rates are negotiable. This prime location in Natrona County offers significant potential for a variety of retail businesses. The property's size, amenities, and high-traffic location make it an ideal investment for discerning buyers seeking a strong return. Don't miss this chance to acquire a well-established retail space in a thriving Wyoming market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,289,582

  6.5%

  $1,190,383

  7%

  $1,105,356

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,437,038

  Geo Method

  $843,220

• Alternative Use

  Use

  Valuation

  Residential

  $1,004,133

  Hospitality

  $919,780

  Educational

  $765,246

  Medical

  $791,564

  Retail

  $1,190,383

Location Insight

City

Casper

County

Natrona

State

Wyoming

Latitude

42.8493

Longitude

-106.336

CBSA code

16220

CBSA name

CASPER, WY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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