415 Alan Rd Powell, WY 82435
- Distribution centers
- 29,240 SF
- 2.30 lot acres
Current Use by Public Records
- Distribution centers
Property Details for 415 Alan Rd
- Year built
- 1994
- Construction
- FRAME
- Lot size
- 2.30 lot acres
- Property size
- 29,240 SF
- Property type
- Distribution centers
- APN
- 2050200011004
- APU
- 2050200011004
Description
This exceptional mixed-use property, located at 415 Alan Rd in Powell, Wyoming, presents a unique investment opportunity. The 29,240 square foot metal frame building sits on a spacious 2.3-acre lot within a business park, offering convenient access to Highway 14A. Originally used for large-scale energy industry manufacturing, the property currently boasts 25,560 square feet of shop space under lease. The remaining 3,680 square feet comprises a 12-office suite complex, ideally suited for a single tenant or sub-tenants. This complex features forced-air heating and cooling, two bathrooms, a communications room, storage room, break room, and a large loft storage area. Two offices offer exterior access. A floor plan is available upon request. The seller is open to leasing the entire office suite complex, or negotiating subletting arrangements given its size. Lease negotiations will include all utilities. The shop space includes twelve overhead doors, radiant heating, two 5-ton overhead cranes, and two sets of bathrooms and offices. This property offers a compelling combination of leased income and potential for further development or leasing, making it an attractive investment in a thriving Wyoming community. The asking price for the entire property is $1,750,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $625,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $720,000
- 6.5%
- $655,000
- 7%
- $600,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $655,000
- Geo Method
- $580,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $665,000
- Retail
- $550,000
- Mixed-Use
- $535,000
- Hospitality
- $675,000
- Educational
- $605,000
- Residential Income
- $570,000
- Energy
- $685,000
- Income-Based Land
- $575,000
- Food Service
- $710,000
Location Insight
- Map
- Local Demand
- City
- Powell
- County
- Park
- State
- Wyoming
- Longitude
- -108.773
- Latitude
- 44.749