502 33Rd StCody, WY 82414

  • Office properties
  • 8,827 SF
For Sale
$2,825,000 View listing

Property Details for 502 33Rd St

Year built
2014
Lot size
1.77 AC
Property size (Sq ft)
8,827 SF
Property type
Office properties
Property subtype
Office buildings
APN
5101500000002
APU
5101500000002

Description

This exceptional mixed-use commercial property in Cody, Wyoming, boasts 10,137 square feet on a 77,101.2 sq ft lot. Built in 2014, the building features a modern, open design with vaulted ceilings, large windows offering stunning mountain views, and passive solar benefits. The two main floors offer ample space, including a large conference room, team room, eight offices with doors, and 23 workstation spots (with potential for expansion). Additional features include a main level kitchen and break room, three restrooms, a central copy room, and secure ground-level storage with outdoor access. A secure basement provides additional storage, a utility room, and a server room. The property also includes a covered patio, attractive landscaping with water features, visitor parking, and a large employee parking lot. The building is situated in Cody's Opportunity Zone, potentially offering tax advantages. The property is zoned D3 and offers easy access to downtown Cody. The building's high-tech features include a six-zone sound speaker system and a "white-noise" system for superior acoustics. The property's versatile layout and prime location make it an ideal investment opportunity.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,960,234
    6.5%
    $1,809,447
    7%
    $1,680,201
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,232,370
    Geo Method
    $729,287
  • Alternative Use

    Use
    Valuation
    Residential
    $2,243,714
    Hospitality
    $2,055,230
    Educational
    $1,709,928
    Medical
    $1,768,734
    Retail
    $2,659,887
502 33Rd St, Cody, Wyoming
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Location Insight

City
Cody
County
Park
State
Wyoming
Latitude
44.532
Longitude
-109.025

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$13,820
$17,908
$166,094
$184,002
-
$188,500
$1,748,359
$1,936,859

FAQs

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