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    Downtown Retail Storefront Building Title is generated by Realmo AI

    123 Main, Marbleton, WY 83113

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    For Sale
    $350,000

    Commercial Building - Marbleton, WY

    Lot size:
    0.24 Acres
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 10:06 pm

    Property Features for 123 Main

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Interior features
    Restrooms
    Standard status
    Active
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1198

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1969
    Building materials
    Wood Siding
    Roof type
    Aluminum
    Architectural style
    Other

    We can help!

    Listing Contact
    Tracy Pape
    Tracy Pape

    Listing agent Tracy Pape License #13023

    Listing office Big Red Real Estate, LLC 10632 Hwy 189, Big Piney, WY

    Listing date Jun 2, 2026

    MLS# 20262684 Listing URL

    Copyright © 2026 Wyoming Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Commercial property on Main street in downtown Marbleton
    • Built in 1969
    • Wood siding exterior with aluminum roof
    • Heating: forced air with natural gas
    • Interior includes restrooms

    Overview

    This for-sale commercial building is positioned for street-level visibility and neighborhood foot traffic on Main Street in downtown Marbleton. The property is listed as a storefront commercial asset under Commercial zoning, with a lot size of 0.24 acres. The listing does not provide building size or interior layout details, so prospective users should plan to confirm condition, configuration, and any tenant-ready improvements during due diligence.

    The address is 123 Main, Marbleton, WY 83113, placing the property directly in the downtown core. An on-street location like this can support walk-in customers and convenient access for patrons traveling through the business district.

    For a buyer or operator looking for a downtown storefront presence, this property offers a straightforward path to establish or relocate a retail or service business where customers can approach directly from Main Street. Because the listing provides limited information beyond zoning and lot size, interested parties should review the building’s usable space, ingress/egress, and current condition before determining the best fit for their specific concept.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Building Supply Big Box & Wholesale Store Dental Office Storage Facility Bar & Pub Discount Store (Bike/Boat/Book/etc) Store Real Estate Agency Wine and Liquor Store Arcade & Gaming Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Marbleton
    County
    State
    Wyoming
    Longitude
    -110.110244
    Latitude
    42.554328

    Nearby Similar for Sale

    • $365,000
      384 SF

      Turnkey Restaurant and Residential Property

      Thriving restaurant with commercial kitchen, plus living accommodations.
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      View Details
    • $645,000

      Automotive Service Building

      Automotive service building with an in-ground mechanic pit, office space, and open-face pole barn storage on a half-block site.
      110 E 4th Street, Marbleton, WY 83113
      View Details

    FAQs

    What type of property is this?
    Storefront property - Commercially zoned storefront building on Main Street, suited for retail or service uses in downtown Marbleton.
    Where is this storefront property located?
    The property is located at 123 Main Marbleton, WY.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Commercial property on Main street in downtown Marbleton; Built in 1969; Wood siding exterior with aluminum roof
    (307) 260-6924
    We can help!
    Listing Contact
    Tracy Pape
    Tracy Pape
    Real Estate License ID: 13023
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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