207 Friesian Circle, Thayne, WY 83127

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List Price
$3,000,000
Status
ACTIVE
Days on Market
288
MLS#
26-18
Subtype
Commercial Sale
Lot Size
197,326
Acres
4.53
MLS Area Major
11B - Central Star Valley, Lincoln County

Property Description

A compelling opportunity for the experienced investor seeking a performing commercial asset with built-in expansion upside in Star Valley, Wyoming. Timberline Storage Solutions is a professionally developed, income-producing mini-storage facility located just north of Thayne, offering excellent access and strong long-term fundamentals. The property encompasses approximately 4.53 acres and is configured as a single commercial parcel within a Mixed-Use zoning district, allowing for continued operations and future development flexibility. Access is provided via Friesian Circle with convenient connectivity to US Highway 89, supporting both local demand and regional visibility. Built in 2024, the facility currently includes 175 storage units across five steel-frame buildings totaling approximately 36,500 square feet. The asset is fully operational and performing, allowing an incoming owner to generate income while planning and executing the next phase of development. Construction features include durable metal exteriors, concrete slab foundations, pitched gable roofs, and individual roll-up doors throughout, designed for efficiency and long-term durability. County approvals are in place for a total of 300 storage units, creating a 125-door Phase II expansion opportunity. The expansion area has already been graded with a prepared building pad, allowing development to move forward efficiently while the existing operation continues to produce revenue. Star Valley remains a supply-constrained market with steady demand for storage and light commercial uses, supported by population growth and limited new inventory. This offering is well suited for an investor looking to acquire a stabilized asset, expand within the same footprint, and strengthen a long-term portfolio position in one of Wyoming's most attractive emerging commercial corridors.

Additional Information

Taxes
$7,234
Exterior Features
Metal Siding
Roof
Metal

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Listing courtesy of Engel & Volkers Jackson Hole.