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    1701 Alger Ave Cody, WY 82414

    For Sale
    $1,250,000

    Business & Building - Cody, WY

    Lot size:
    0.32 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 1701 Alger Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.32 Acres

    Building Details

    Year built
    1955
    Architectural style
    Other

    Richard Realty (307) 586-5440 [email protected]

    Listing agent Scott Richard (307) 586-5440

    Listing date Nov 8, 2025

    MLS# 10031381 Listing URL

    Copyright © 2025 Northwest Wyoming Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cody, Wyoming Motel Investment

    This is an investment opportunity to acquire a well-established motel located in a highly sought-after downtown location of Cody, Wyoming. The property features 17 fully furnished rooms, some of which are equipped with kitchenettes. Living quarters are also included. Situated on 0.321 acres, the motel benefits from excellent visibility and convenient access for guests, as it is located on one of Cody's main highways. The motel's location provides proximity to downtown. Private parking and affordable room options contribute to its popularity among visitors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wigwam Motel Motel

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Rodeway Inn, Cody Legacy Inn & Suites, Green Gables Inn, Carter Mountain Motel, Skyline Motor Inn

    Location Insight

    • Map
    • Local Demand
    City
    Cody
    County
    Park
    State
    Wyoming
    Longitude
    -109.054005
    Latitude
    44.524182

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    FAQs

    What type of property is this?
    Motel - Established 17-room motel in downtown Cody, Wyoming for sale.
    Where is this motel located?
    The property is located at 1701 Alger Ave Cody, WY.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Prime downtown Cody, Wyoming location on a main highway with excellent visibility.; - 17 fully furnished rooms, some with kitchenettes.; - Includes living quarters for owner/manager.
    (307) 586-5440
    Request Owner's contact information
    1701 Alger Ave Cody, WY 82414
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    Cody, WY 82414
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1701 Alger Ave Cody, WY 82414
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