Property profile

4921 Hwy St Mills, WY 82604

OFF-MARKET
Motels
Property ID
US95-0042201
2,306 SF 0.29 ac lot Built 1952
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 4921 W Highway Street in Mills, Wyoming, presents a unique investment opportunity. Boasting a generous 2,306 square feet of space, this property is ideally suited for a variety of commercial ventures. The building is situated on a lot with no acreage, offering convenient access and minimal land maintenance. The asking price is $175,000, representing a compelling value in the current market. The property's "Other" classification suggests versatility in its potential uses, allowing for creative adaptation to suit specific business needs. Its location in Mills, Wyoming, provides access to a local market and potential for growth. The absence of additional acreage simplifies operations and reduces overhead costs associated with land management. This property is an excellent choice for entrepreneurs seeking a cost-effective entry point into the commercial real estate market or for established businesses looking to expand or relocate. The substantial square footage offers ample room for operations, storage, or a combination of both. The property's straightforward design and layout allow for easy customization and efficient use of space. Serious inquiries are encouraged to explore the full potential of this promising commercial property. Given the attractive price point and the flexibility of the space, this property is expected to generate significant interest. Further details are available upon request.

Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1952
Total area 2,306 SF
Lot 0.29 ac (12,607 SF)
APN 3380-01-31-3-00900
UPID US95-0042201

Cap rate & NOI

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

Location

4921 Hwy St Mills, WY 82604-2495
Mills metro Census 1200 CASPER, WY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2025
5 recorded transactions
2025
Price N/A
2020
Price N/A
2017
Price N/A
2002
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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