1835 Madora Ave Douglas, WY 82633
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.