1989 Oil Dr - Casper Mini Storage
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1989 Oil Dr - Casper Mini Storage
20,000 SF Specialty Building Offered at $2,300,618 at a 6.23% Cap Rate in Casper, WY 82604
Investment Highlights
- High Demand: Casper’s growing population and expanding commercial sector create a continuous need for storage solutions.
- Stable Revenue: Storage facilities offer a steady income stream with minimal seasonal fluctuations, providing consistent cash flow throughout the year
- Favorable Economic Indicators: Casper’s economic indicators, including employment rates and median income levels, support a strong local economy.
- Strategic Location: Casper’s central location in Wyoming makes it a convenient hub for both residential and commercial storage needs.
- Low Maintenance Costs: Storage units typically require minimal upkeep compared to other types of real estate.
Executive Summary
High Demand: Casper’s growing population and expanding commercial sector create a continuous need for storage solutions, ensuring a stable and increasing customer base.
Strategic Location: Casper’s central location in Wyoming makes it a convenient hub for both residential and commercial storage needs, attracting a broad range of customers from the surrounding areas.
Stable Revenue: Storage facilities offer a steady income stream with minimal seasonal fluctuations, providing consistent cash flow throughout the year.
Low Maintenance Costs: Storage units typically require minimal upkeep compared to other types of real estate, leading to lower operational expenses and higher profit margins.
Favorable Economic Indicators: Casper’s economic indicators, including employment rates and median income levels, support a strong local economy, which bodes well for sustained demand for storage solutions.
Strategic Location: Casper’s central location in Wyoming makes it a convenient hub for both residential and commercial storage needs, attracting a broad range of customers from the surrounding areas.
Stable Revenue: Storage facilities offer a steady income stream with minimal seasonal fluctuations, providing consistent cash flow throughout the year.
Low Maintenance Costs: Storage units typically require minimal upkeep compared to other types of real estate, leading to lower operational expenses and higher profit margins.
Favorable Economic Indicators: Casper’s economic indicators, including employment rates and median income levels, support a strong local economy, which bodes well for sustained demand for storage solutions.
Property Facts
| Price | $2,300,618 | Building Class | C |
| Price Per SF | $115 | Lot Size | 3.89 AC |
| Sale Type | Investment | Building Size | 20,000 SF |
| Cap Rate | 6.23% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2008 |
| Property Subtype | Self-Storage |
| Price | $2,300,618 |
| Price Per SF | $115 |
| Sale Type | Investment |
| Cap Rate | 6.23% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 3.89 AC |
| Building Size | 20,000 SF |
| No. Stories | 1 |
| Year Built | 2008 |
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PROPERTY TAXES
| Parcel Number | 34-80-34-1-0-201700 | Improvements Assessment | $71,421 |
| Land Assessment | $13,327 | Total Assessment | $84,748 |
PROPERTY TAXES
Parcel Number
34-80-34-1-0-201700
Land Assessment
$13,327
Improvements Assessment
$71,421
Total Assessment
$84,748
zoning
| Zoning Code | Commerccial |
| Commerccial |
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1989 Oil Dr - Casper Mini Storage
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