3281 State Highway 89 N - Warehouse FOR SALE


Evanston, WY 82930
$3,500,000 USD
801-948-3783
3281 State Highway 89 N, Evanston, WY for Sale
$3,500,000 USD
Warehouse - FOR SALE
1/21
null | Request Cap Rate

3281 State Highway 89 N
Evanston, WY 82930


HIGHLIGHTS

  • Located in a Federal Opportunity Zone
  • 10 Units with Private Offices and Bathrooms
  • 0.5 miles from an Electrical Substation
  • 1 Hour Drive from Salt Lake City

OVERVIEW

***Seller Financing Available.*** Peak Collective Real Estate with KW Commercial is pleased to present an owner-user or investment industrial park in Evanston, WY, which is a remarkable opportunity for those looking to expand their business operations. Fantastic value add opportunity with under-market rents. 9,000 SF available immediately for owner-user, along with most tenants on a month-to-month basis. Also, tenants are currently not being charged for yard space. Extra buildings could be built on access land. The industrial park comprises 9 separate units with a total of 45,152 square feet on a large 6-AC lot. About 0.5 miles from an electrical substation, and only about an hour's drive from Salt Lake City, UT. Located in a federal opportunity zone. Market rent proforma is $6/SF/NNN with potential net operating income (based on market lease rates) at $288,924. Seller financing loan amount would be $3,150,000 with a down payment of $350,000. Interest rate 7%. The loan amortization period of 20 years. Payment would be $24,422.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$78 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

MULTI-TENANT | OWNER-USER | 45,152 SF

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

10

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6

LAND SF

261,360

ZONING

Industrial

APN/PARCEL ID

R0002628

ASK ABOUT THIS PROPERTY

Kody WattsKeller Williams Realty Western TrailsMore Info
801-948-3783

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Kody WattsKeller Williams Realty Western TrailsMore Info
801-948-3783

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.