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Property profile & analytics
FOR SALE
Office buildings

1835 Madora Ave Douglas, WY 82633

2,911 SF 0.25 ac lot Built 1978
Entity Owned 4-yr Hold Free & Clear
Property ID
US95-0149837
Property summary
AI-generated overview

This exceptional 5,600 square foot office building presents a lucrative investment opportunity in the thriving city of Douglas, Wyoming. Situated on a 0.25-acre lot, this property boasts a prime location off Richards Street, surrounded by established businesses, ensuring high visibility and accessibility. The building features two main-level rental units, each offering significant income potential. One of these units is currently leased, providing immediate cash flow and the possibility of owner-occupancy. Adding to its versatility, a full basement with separate exterior entrances provides additional rental space or the potential for expansion and customization. This presents a unique opportunity for an investor seeking to diversify their portfolio or an owner-operator looking to combine income generation with their own business operations. The building's substantial size and flexible layout offer considerable adaptability to a variety of commercial uses. The asking price of $350,000 reflects the exceptional value and income-generating potential of this property. Don't miss this chance to acquire a high-return commercial asset in a desirable location. This property is ready for immediate income generation and offers significant long-term growth potential.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,911 SF
Lot 0.25 ac (10,800 SF)
APN 89196
UPID US95-0149837
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Double Triangle LLC · 4 yrs held
Double Triangle LLC
since 2022
2 recorded transactions
2022
Price N/A
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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