Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    145 Rd 71 Ten Sleep, WY 82442

    • Mixed-use properties
    • 3,000 SF
    For Sale
    View listing
    $275,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 145 Rd 71

    Year built
    2005
    Property size
    3,000 SF
    Property type
    Mixed-use properties
    Property subtype
    Self storage facilities

    Description

    This exceptional investment opportunity in Ten Sleep, Wyoming, presents a 3,000 square foot mixed-use property built in 2005 on a spacious 2.03-acre lot (88,426 sq ft). The property features 24 self-storage units of varying sizes, generating a consistent monthly income of approximately $1,333. The building itself is a low-maintenance investment, requiring minimal overhead. The expansive lot offers potential for future development, with ample space for a new home or other structures. The property's rural location near Ten Sleep provides a tranquil setting with stunning views, while still offering convenient access to essential amenities. The property is unzoned, allowing for flexibility in future uses. Significant advantages include existing water rights, readily available water and power connections, and the permissibility of modular homes and horses. This is a rare opportunity to acquire a profitable, versatile property in a desirable location, combining income generation with significant development potential. The asking price is $275,000. Don't miss this chance to own a piece of Wyoming's unique landscape and secure a strong return on your investment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ten Sleep
    County
    Washakie
    State
    Wyoming
    Longitude
    -107.455
    Latitude
    44.054

    Comparable in this City

    • Value Estimation by Request
      2,964 SF

      211 2 St

      Restaurants • 2,964 SF
      211 2 St, Ten Sleep, WY 82442
      View Details
    • Value Estimation
      $210,000
      1,500 SF

      120 Fir St

      MINI-WAREHOUSE, STORAGE • 1,500 SF
      120 Fir St, Ten Sleep, WY 82442
      View Details
    • Value Estimation
      $225,000
      3,000 SF

      145 Rd 71

      MINI-WAREHOUSE, STORAGE • 3,000 SF
      145 Rd 71, Ten Sleep, WY 82442
      View Details
    • Value Estimation
      $235,000
      3,600 SF

      150 Rd 71

      OFFICE/RESIDENTIAL (MIXED USE) • 3,600 SF
      150 Rd 71, Ten Sleep, WY 82442-5057
      View Details
    • Value Estimation
      $240,000
      3,589 SF

      201 2nd St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,589 SF
      201 2nd St, Ten Sleep, WY 82442-5005
      View Details
    • Value Estimation
      $250,000
      0.05 Acres

      19 Red Vis Dr

      COMMERCIAL (GENERAL) • 0.05 Acres
      19 Red Vis Dr, Ten Sleep, WY 82442
      View Details

    Similar Nearby for Sale

    • $275,000
      3,000 SF

      Ten Sleep Mixed-Use Investment

      Income-producing, 24-unit storage facility.
      145 Rd 71, Ten Sleep, WY 82442
      View Details
    • $180,000
      0.83 Acres

      Storage Units Business Opportunity

      Income-producing storage units near Ten Sleep, Wyoming.
      145 Rd 71, Ten Sleep, WY 82442
      View Details
    • $1,400,000
      4.19 Acres

      RV Park and Horse Hotel

      Established RV park and horse hotel at Big Horn Mountains.
      96 2 St, Ten Sleep, WY 82442
      View Details
    • $49,000
      0.05 Acres

      Ten Sleep RV Lot: River Views!

      Wyoming RV lot with stunning views, full hookups.
      21 Red Vista Dr, Ten Sleep, WY 82442
      View Details
    • $4,995,000
      30,000 SF

      Ten Sleep Commercial Opportunity

      Commercial property on US Forest Service land near Meadowlark Lake.
      Hwy 16 E, Ten Sleep, WY 82442
      View Details
    • $100,000
      1.21 Acres

      Land with Mountain Views

      1.21-acre lot near Ten Sleep, Wyoming, with mountain views.
      147 Rd 71, Ten Sleep, WY 82442
      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.
    145 Rd 71
    Ten Sleep, WY 82442
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.