Technical
Financial
Distress signals
Property profile

350 SE Wyoming Blvd Casper, WY 82609

FOR SALE
Turn key restaurants
Property ID
US95-0083901
5,272 SF 0.52 ac lot Built 1996
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional single-tenant retail property, located at 350 SE Wyoming Blvd in Casper, Wyoming, presents a significant investment opportunity. The building, constructed in 1984, boasts a substantial 43,996 square feet of space, ideal for a large-scale restaurant operation or similar business. Situated in Natrona County, this one-story building offers ample space for both front-of-house and back-of-house operations. The property's prime location ensures high visibility and accessibility for customers. The single-tenancy aspect provides a straightforward and manageable investment structure. With its significant square footage and established presence in Casper, this property is well-suited for a variety of uses within the restaurant or food service industry. The property's size and location make it an attractive option for expansion or relocation for existing businesses, or a strong foundation for a new venture. The building's age provides an opportunity for potential renovations or upgrades to further enhance its value and appeal. This is a rare opportunity to acquire a substantial commercial property in a desirable location within Casper, Wyoming. The property's zip code is 82609.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1996
Total area 5,272 SF
Lot 0.52 ac (22,490 SF)
APN 3379-12-20-8-01500
UPID US95-0083901

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

350 SE Wyoming Blvd Casper, WY 82609
Casper metro Census 502 CASPER, WY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2021
4 recorded transactions
2021
Price N/A
2019
Price N/A
2011
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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