406 8Th St Wheatland, WY 82201
For Sale
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This exceptional commercial investment opportunity in Wheatland, Wyoming, presents a portfolio of four strategically located buildings encompassing seven rental units. The property boasts a substantial 0.8-acre lot, offering ample space and approximately 35,000 square feet of graveled area. The buildings vary in size and construction, providing a diverse range of rental options. Two units reside within a newer, 104 x 60 foot steel structure, constructed in 2019. Another building is a 24 x 30 foot steel structure. Two additional units are housed in a 40 x 90 foot steel Quonset hut. Finally, two units occupy a 40 x 90 foot concrete block building, which underwent a complete refacing in 2019. All but one unit are currently leased, generating a strong passive income stream with long-term tenants. The property's visibility ensures easy customer access, while maintaining a degree of privacy. The total rentable square footage exceeds 14,000 square feet, making this a highly attractive investment with significant potential for future growth and returns. This turnkey operation requires minimal management, offering a compelling opportunity for investors seeking a stable and profitable venture. The asking price is $1,250,000.
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.