1103 Boxelder RdGillette, WY 82718

Property Details for 1103 Boxelder Rd

Year built

2003

Lot size

0.13 AC

Property size (Sq ft)

2,316 SF

Property type

Retail properties

Property subtype

Retail space

APN

R0040810

APU

R0040810

Description

This 1,100 square foot vacant storefront, located at 1103 E Boxelder Rd Unit F in Gillette, Wyoming, presents a compelling investment opportunity. Built in 2003, this single-story, single-unit property is situated within the Silverado Center, a high-traffic retail area. The asking price is $295,000, translating to $268.18 per square foot. Currently vacant, the space offers flexibility for various retail uses. The interior currently includes one office, a storage room, and a bathroom, providing a solid foundation for customization. The property's C1 zoning permits a range of commercial activities. Its location near the intersection of Highway 59 and Boxelder Road ensures high visibility and accessibility for customers. The property is part of a larger commercial center with several thriving businesses, offering potential for synergy and increased foot traffic. This is an excellent opportunity for an entrepreneur or investor seeking a well-located retail space in a growing Wyoming market. The property features ample space for a showroom or additional offices, depending on the tenant's needs. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $775,625

  6.5%

  $715,962

  7%

  $664,822

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,463,532

  Geo Method

  $482,197

• Alternative Use

  Use

  Valuation

  Residential

  $603,940

  Hospitality

  $553,206

  Educational

  $460,261

  Medical

  $476,090

  Retail

  $715,962

Location Insight

City

Gillette

County

Campbell

State

Wyoming

Latitude

44.2775

Longitude

-105.488

CBSA code

23940

CBSA name

GILLETTE, WY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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