120 Winston DrRock Springs, WY 82901

Property Details for 120 Winston Dr

Year built

2020

Lot size

0.93 AC

Property size (Sq ft)

19,840 SF

Property type

Office properties

Property subtype

Office buildings

APN

1905-34-3-03-011-00

APU

19053430301100

Description

This exceptional 19,840-square-foot medical office building, constructed in 2020, is situated on a 0.93-acre paved lot in Rock Springs, Wyoming, and zoned B2. The property offers 10,000 square feet of net rentable space. The building features an elevator and ADA-compliant bathrooms on each floor, enhancing accessibility and convenience. Currently, the main floor is occupied by two tenants under long-term leases, providing a stable income stream for an owner/user investment. The upper floor is available for immediate build-out, presenting a significant opportunity for expansion or customization to suit specific needs. This versatile property is ideally suited for a variety of medical or office uses, making it an attractive investment opportunity in a desirable location. The asking price for this turnkey property is $4,250,000. The property's address is 120 Winston Drive, Rock Springs, WY 82901.

• CAP approach

  CAP return

  Valuation

  6%

  $4,157,218

  6.5%

  $3,837,432

  7%

  $3,563,330

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,689,780

  Geo Method

  $1,639,181

• Alternative Use

  Use

  Valuation

  Residential

  $4,758,416

  Hospitality

  $4,358,683

  Educational

  $3,626,373

  Medical

  $3,751,090

  Retail

  $5,641,025

Location Insight

City

Rock Springs

County

Sweetwater

State

Wyoming

Latitude

41.5779

Longitude

-109.247

CBSA code

40540

CBSA name

ROCK SPRINGS, WY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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