1770 License St, Casper, WY 82601
This Casper, Wyoming industrial property offers a unique investment opportunity encompassing three metal buildings totaling 17,996 square feet on a fully fenced 2.36-acre lot. Building #1 boasts 9,326 square feet, featuring two 14-foot doors, three offices, a large conference room, and a kitchen. Building #2 comprises 5,148 square feet with four 12-foot doors, three offices, and a bathroom. Building #3, measuring 3,492 square feet, includes three 14-foot doors, offices, and a bathroom. Currently, Building #3 is leased until June 30, 2024, presenting a 33% occupancy rate and a current NOI of $48,000. The property's flexible layout allows for various uses: owner-occupancy of all or some buildings with leasing of the remainder, or a purely investment-oriented approach with full leasing of all three structures. The asking price is $1,525,000, translating to $508,333.33 per unit. The property is zoned for flex, manufacturing, and warehouse uses. The address is 1770 License Street, Casper, Wyoming, 82601. This is a multi-tenant property with a total of three units. There are no loading docks.
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
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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