Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1300 Us-26 Alpine, WY 83128
    Back to Search
    Property profile & analytics

    1300 Us-26 Alpine, WY 83128

    View on Map
    • Commercial real estate
    • 41,240 SF
    • 5.63 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1300 Us-26

    Lot size
    5.63 lot acres
    Property size
    41,240 SF
    Property type
    Commercial real estate

    Description

    This exceptional commercial investment opportunity encompasses a 5.63-acre parcel in the thriving town of Alpine, Wyoming. Strategically located on West Highway 26, this property boasts unparalleled visibility and accessibility. The complex comprises four buildings totaling 41,240 square feet, currently generating income through a mix of uses. Two substantial buildings, each measuring 214 feet by 80 feet, house a self-storage facility featuring 54 individual 12'x12'x40' units and 16 10'x14' units. A separate 100' x 60' warehouse provides ample space for vehicle and boat storage. Adding to the versatility, a 1,080 square foot, three-bedroom, two-bathroom single-family home is included on the property. The buildings are constructed with durable wood frames, reinforced Z-purlin steel roofs and exteriors, concrete floors, and are equipped with lighting, a security system, fiber optic connectivity, and Wayne Dalton industrial doors. The property's adjacency to the National Forest presents significant expansion potential. The zoning allows for additional buildings or other mixed-use commercial developments, making this a truly unique and lucrative investment opportunity in a desirable location. The property is currently fully leased, providing immediate and substantial cash flow.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Alpine
    County
    Lincoln
    State
    Wyoming
    Longitude
    -111.032
    Latitude
    43.1884

    Comparable in this City

    • Value Estimation by Request
      2,360 SF

      98 Chalet Dr

      Commercial real estate • 2,360 SF
      98 Chalet Dr, Alpine, WY 83128
      View Details
    • Value Estimation by Request
      0.28 Acres

      186 Ml Cir

      Land • 0.28 Acres
      186 Ml Cir, Alpine, WY 83128
      View Details
    • Value Estimation by Request
      924 SF

      112 Morning Star Dr

      COMMERCIAL (GENERAL) • 924 SF
      112 Morning Star Dr, Alpine, WY 83128
      View Details
    • Value Estimation by Request
      0.50 Acres

      119 Sagebrush Dr

      Land • 0.50 Acres
      119 Sagebrush Dr, Alpine, WY 83128
      View Details
    • Value Estimation by Request
      21,780 SF

      119 Sagebrush Dr

      Land • 21,780 SF
      119 Sagebrush Dr, Alpine, WY 83128
      View Details
    • Value Estimation
      $1,850,000
      18,000 SF

      Old Apline Rd

      COMMERCIAL (GENERAL) • 18,000 SF
      Old Apline Rd, Alpine, WY 83128
      View Details

    Similar Nearby for Sale

    • $2,995,000
      5,000 SF

      Alpine Commercial Gem: Two Lots

      Prime Alpine location, two commercial lots, endless potential.
      108/110 Greys Riv Rd, Alpine, WY 83128
      View Details
    • $1,100,000
      2,360 SF

      Alpine Commercial Shop & Residence

      Live/Work Opportunity in Alpine, WY
      98 Chalet Dr, Alpine, WY 83128
      View Details
    • $2,700,000
      25.00 Acres

      Alpine WY Mixed-Use Development Land

      25-acre mixed-use development opportunity near Alpine, Wyoming.
      lot 1 & 2 Lever Spg Rd, Alpine, WY 83128
      View Details
    • $399,000
      6.35 Acres

      Wyoming Land with Forest Access

      6.35 acre dream horse property with unmatched privacy.
      6 Mininger Rd, Alpine, WY 83128
      View Details
    • $685,000
      8.09 Acres

      Wyoming Land with Panoramic Views

      8.09 acre property with breathtaking views near Jackson Hole.
      Mininger Rd, Alpine, WY 83128
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1300 Us-26
    Alpine, WY 83128
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1300 Us-26, Alpine, WY, 83128
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!