Share This Listing

Message

945 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

1989 Oil Dr - Casper Mini Storage 20,000 SF Specialty Building Offered at $3,180,605 CAD at a 6.23% Cap Rate in Casper, WY 82604

Save this listing!

Favourite this listing to get notified of price updates, new media and more

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.

PROPERTY FACTS

Price $3,180,605 CAD
Price Per SF $159.03 CAD
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
Zoning Commerccial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
34-80-34-1-0-201700
Land Assessment
$21,309 CAD
Improvements Assessment
$122,273 CAD
Total Assessment
$143,582 CAD
  • Listing ID: 33332622

  • Date on Market: 2024-09-27

  • Last Updated:

  • Address: 1989 Oil Dr, Casper, WY 82604

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}