1003 16th St Wheatland, WY 82201-2529
This vacant industrial property, located at 1003 16th Street in Wheatland, Wyoming (zip code 82201), presents a significant investment opportunity. The 12,640 square foot warehouse sits on a 3.46-acre lot and boasts a desirable I-25 frontage, ensuring high visibility. Built in 1972, the building is zoned for light industrial use and features a 14-foot ceiling height. The property includes a 1,440 square foot office space with a reception area, kitchenette, five offices, a lounge, and two bathrooms. An additional shop bathroom and a two-story parts room are also included within the office space. The attached 11,200 square foot shop area offers four tractor-trailer bays (three are pull-through) and a wash bay. The shop features cement floors, a mechanics pit, three-phase power, and compressed air access throughout. Exterior improvements include a truck scale at the front and several large grain bins at the rear, one of which has been converted into climate-controlled storage with a concrete floor and an overhead access door. The asking price is $1,200,000, translating to $94.94 per square foot. This property is ideal for a variety of industrial and commercial uses, benefiting from its prime location and extensive features.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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