Technical
Financial
Distress signals
Property profile

6 W Main St Newcastle, WY 82701

FOR SALE
Grocery and convenience stores
Property ID
US95-0212991
1,750 SF 0.38 ac lot Built 1982
Individually Owned 8-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This prime investment opportunity presents a well-established gas station and convenience store located at 6 W Main St, Newcastle, Wyoming, 82701. The property, built in 1982, sits on a 0.38-acre lot and boasts high visibility due to its Main Street location, ensuring convenient access for both residents and tourists. The business includes four fuel pumps, catering to a steady stream of customers. A fully stocked convenience store complements the fuel offerings, providing a one-stop shopping experience. A significant advantage is the inclusion of a liquor license, enhancing profitability and attracting a broader customer base. This turnkey operation offers immediate income potential within a thriving community. The asking price is $300,000, and it's important to note that the purchase price excludes inventory. This owner/user investment presents a rare chance to acquire a profitable, established business in a desirable location. The property's strong position on Main Street in Newcastle, Wyoming, ensures consistent traffic and customer flow, making it an attractive proposition for both seasoned investors and first-time business owners. The property's history and established customer base provide a solid foundation for continued success and growth.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1982
Total area 1,750 SF
Lot 0.38 ac (16,629 SF)
APN 45612913300100
UPID US95-0212991

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
  • Gas Station
  • Grocery & Convenience Store
  • Bank Credit Union

Location

6 W Main St Newcastle, WY 82701
Newcastle metro Census 951300 GILLETTE, WY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2018
1 recorded transaction
2018
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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