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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1001 Pulliam Ave Worland, WY 82401

    • Turn key restaurants
    • 1,387 SF
    • 0.42 lot acres
    For Sale
    View listing
    $199,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US95-0230921
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Taco John's / Tex-Mex Restaurant / Fast Food Restaurant

    Property Details for 1001 Pulliam Ave

    Year built
    2006
    Lot size
    0.42 lot acres
    Property size
    1,387 SF
    Property type
    Turn key restaurants
    APN
    47502512200400
    APU
    47502512200400

    Description

    This exceptional mixed-use property at 1001 Pulliam Ave, Worland, Wyoming, presents a unique investment opportunity. Boasting 1,428 square feet on an expansive 18,295.2 square foot lot, this 2006-built building offers significant versatility. Currently configured for restaurant use, it includes a convenient drive-up window, existing kitchen fixtures, and ample walk-in cooler and freezer space. However, its adaptable design makes it suitable for a wide range of commercial ventures, including retail or office spaces. The property's strategic location on a major artery leading to Yellowstone National Park from two directions ensures high visibility and substantial traffic volume, guaranteeing significant exposure to potential customers. The asking price is $324,900. This property's combination of prime location, functional layout, and adaptable design makes it an ideal investment for entrepreneurs seeking a thriving business venture in a high-traffic area. The property is located in Washakie County, Wyoming, zip code 82401. Don't miss this chance to acquire a versatile commercial space with immense potential for growth and profitability.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Worland
    County
    Washakie
    State
    Wyoming
    Longitude
    -107.955
    Latitude
    44.0191

    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
    2023
    $2,381
    $5,035
    $26,064
    $31,099
    -
    $53,000
    $274,362
    $327,362

    Comparable in this City

    • Value Estimation by Request
      1,277 SF

      400 10th St

      RESTAURANT • 1,277 SF
      400 10th St, Worland, WY 82401-2309
      View Details
    • Value Estimation by Request
      1,331 SF

      210 10th St

      RESTAURANT • 1,331 SF
      210 10th St, Worland, WY 82401-2711
      View Details
    • Value Estimation by Request
      2,932 SF

      1620 Big Horn Ave

      RESTAURANT • 2,932 SF
      1620 Big Horn Ave, Worland, WY 82401-2908
      View Details
    • Value Estimation by Request
      1,664 SF

      541 Big Horn Ave

      RESTAURANT • 1,664 SF
      541 Big Horn Ave, Worland, WY 82401-2601
      View Details
    • Value Estimation by Request
      1,800 SF

      1608 Big Horn Ave

      RESTAURANT • 1,800 SF
      1608 Big Horn Ave, Worland, WY 82401-2908
      View Details
    • Value Estimation by Request
      2,464 SF

      1500 Big Horn Ave

      RESTAURANT • 2,464 SF
      1500 Big Horn Ave, Worland, WY 82401-2921
      View Details

    Similar Nearby for Sale

    • $199,000
      0.42 Acres

      Highway Frontage Commercial Building

      Versatile 1,428 SF building on 0.42-acre corner lot.
      1001 Pulliam Ave, Worland, WY 82401
      View Details
    • $295,000
      0.16 Acres

      Worland Main Street Commercial Opportunity

      Two buildings with food-service infrastructure and downtown visibility.
      1316 Big Horn Ave, Worland, WY 82401
      View Details
    • $324,900
      1,428 SF

      Worland Restaurant & Retail Space

      Prime Location, High Traffic, Huge Potential
      1001 Pulliam Ave, Worland, WY 82401
      View Details
    • $600,000
      0.24 Acres

      Turnkey Bar and Cigar Lounge

      Sophisticated bar and cigar lounge with high visibility.
      1620 Big Horn Ave, Worland, WY 82401
      View Details
    • $1,900,000
      0.48 Acres

      Remodeled Restaurant Building with Expansion Potential

      Remodeled restaurant with banquet room, patio, and unfinished upper level.
      625 Big Horn Ave, Worland, WY 82401
      View Details
    • $62,000
      0.61 Acres

      Worland Commercial Land For Sale

      Commercial land available in Worland, Wyoming.
      120 Rodeo Dr, Worland, WY 82401
      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.
    1001 Pulliam Ave
    Worland, WY 82401
    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.