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48 Reay Street
Evanston, WY 82930
Norris Construction · Industrial Property For Sale
EXECUTIVE SUMMARY
Norris Construction for sale, which includes the real estate;
Norris Construction
48 Reay Street
• Specializing in Concrete, Paving and Trucking Services in
Southwest Wyoming. Also many other various construction
projects.
• In business for 24 +/- years.
• Past projects have included State, City, County and local school
districts. All of which contract with Norris for return business
every year.
• Many private businesses in the area hire Norris for additional
work every year.
• Sale includes approx. 10,000 sq ft building on 3.5 acres +/-. Also
included an additional 2.5 acre +/- lot for storage and crushing
services.
Norris Offering Real Estate, Equipment and Conclusion
Real Estate Valuation
10,400 sq ft on one acre: $728,000 (10,400 X $70 per sq ft)
Additional 5 acres: $490,000 (217,8000 sq ft X $2.25 per sq ft)
Real Estate Value: $1,218,000
Equipment Valuation
Equipment Value $2,073,000 (see attached equipment list)
Business Valuation
Combination of Norris Const. + Intense Trucking 2022 NET
$99,300 (Intense Trucking 2022)
$731,375 (Norris Const. 2022)
$830,675 EBITDA NET
X 4 Multiple $3,322,700
Asking $3,500,000
Included in Sale:
• Norris Construction
• Intense Trucking
• Real Estate
• Equipment
Norris Construction
48 Reay Street
• Specializing in Concrete, Paving and Trucking Services in
Southwest Wyoming. Also many other various construction
projects.
• In business for 24 +/- years.
• Past projects have included State, City, County and local school
districts. All of which contract with Norris for return business
every year.
• Many private businesses in the area hire Norris for additional
work every year.
• Sale includes approx. 10,000 sq ft building on 3.5 acres +/-. Also
included an additional 2.5 acre +/- lot for storage and crushing
services.
Norris Offering Real Estate, Equipment and Conclusion
Real Estate Valuation
10,400 sq ft on one acre: $728,000 (10,400 X $70 per sq ft)
Additional 5 acres: $490,000 (217,8000 sq ft X $2.25 per sq ft)
Real Estate Value: $1,218,000
Equipment Valuation
Equipment Value $2,073,000 (see attached equipment list)
Business Valuation
Combination of Norris Const. + Intense Trucking 2022 NET
$99,300 (Intense Trucking 2022)
$731,375 (Norris Const. 2022)
$830,675 EBITDA NET
X 4 Multiple $3,322,700
Asking $3,500,000
Included in Sale:
• Norris Construction
• Intense Trucking
• Real Estate
• Equipment
PROPERTY FACTS
| Sale Type | Investment | Rentable Building Area | 10,400 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1985 |
| Lot Size | 5.75 AC |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Lot Size | 5.75 AC |
| Rentable Building Area | 10,400 SF |
| No. Stories | 1 |
| Year Built | 1985 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $37,857 CAD | |
| Land Assessment | $7,720 CAD | Total Assessment | $45,577 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$7,720 CAD
Improvements Assessment
$37,857 CAD
Total Assessment
$45,577 CAD
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