1300 Poplar St Casper, WY 82601-3542
Property profile & analytics
1300 Poplar St, Casper, WY 82601-3542
- Turn key restaurants
- 1,520 SF
- 0.45 lot acres
Property ID
US95-0045389
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Pizza Hut / Take-out & Catering
Property Details for 1300 Poplar St
- Year built
- 1996
- Lot size
- 0.45 lot acres
- Property size
- 1,520 SF
- Property type
- Turn key restaurants
- APN
- 3379-08-42-3-00100
- APU
- 33790842300100
Description
This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located at 1300 S Poplar St, Casper, WY 82601. The property boasts 1,550 square feet on a 0.72-acre lot, built in 1996 and currently operating at 100% occupancy. The franchisee tenant enjoys excellent visibility and access from a signalized, hard corner intersection, further enhanced by its proximity to other national credit tenants. The lease features a remaining term of 15 years with attractive 1.50% annual rent bumps, ensuring consistent income growth. The current asking price is $1,618,000, representing a price per square foot of $1,043.87 and a compelling 6.50% cap rate. The property generates a strong net operating income (NOI) of $105,162. This is a rare opportunity to acquire a well-established, passively managed investment in a desirable location within Natrona County, Wyoming. The property consists of a single, one-story building, offering a straightforward and low-maintenance investment. This is an ideal addition to any diversified real estate portfolio seeking stable, long-term returns.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Casper
- County
- Natrona
- State
- Wyoming
- Longitude
- -106.337
- Latitude
- 42.8372
- 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
$2,910
$13,969
$25,948
$39,917
-
$147,041
$273,134
$420,175
