1215 Wolcott StCasper, WY 82601

  • Retail properties
  • 8,552 SF
For Sale

Property Details for 1215 Wolcott St

Year built
1936
Lot size
0.57 AC
Property size (Sq ft)
8,552 SF
Property type
Retail properties
Property subtype
Auto shops
APN
3379-04-10-5-00800
APU
33790410500800

Description

This exceptional 8,552-square-foot industrial property in Casper, Wyoming, presents a unique opportunity. Situated on a large 24,670-square-foot lot, this single-story building offers a flexible layout ideal for various uses, including showroom/warehouse, auto repair, woodworking, or general construction. Currently, 4,500 square feet of leasable space is available, featuring a 160-square-foot office, a restroom with a shower, and a 13-foot sidewall. The property boasts a 10x12 overhead door, providing easy access for loading and unloading. Convenient off-street parking is available, and the entire property is secured by an exterior fence. The building is constructed of steel and concrete block and includes a CoRayVac heating system, three-phase power, and a floor drain. Its prime location near Casper's Central Business District and convenient access to I-25 offer unparalleled accessibility and visibility. This property is ready for immediate occupancy and represents a strong investment opportunity in a thriving Wyoming market. The address is 1215 N Wolcott St, Casper, WY 82601.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,723,146
    6.5%
    $2,513,673
    7%
    $2,334,125
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,146,168
    Geo Method
    $1,780,547
  • Alternative Use

    Use
    Valuation
    Residential
    $2,120,377
    Hospitality
    $1,942,254
    Educational
    $1,615,933
    Medical
    $1,671,507
    Retail
    $2,513,673
1215 Wolcott St, Casper, Wyoming
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Location Insight

City
Casper
County
Natrona
State
Wyoming
Latitude
42.8628
Longitude
-106.323
CBSA code
16220
CBSA name
CASPER, WY METROPOLITAN STATISTICAL AREA

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
$3,526
$16,051
$32,322
$48,373
-
$168,956
$340,234
$509,190

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