Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    111 D St Casper, WY 82601-1008
    Back to Search
    Property profile & analytics

    111 D St, Casper, WY 82601-1008

    View on Map
    • Hotels
    • 55,377 SF
    • 3.39 lot acres
    Off-Market
    Property ID
    US95-0086571
    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.
    Value Estimations
    $1,290,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hotels

    Property Details for 111 D St

    Year built
    1976
    Lot size
    3.39 lot acres
    Property type
    Hotels
    APN
    3379-04-40-2-01000
    APU
    33790440201000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 11, 2019 — West Center Hospitality Re LLC Sheriff Of Natrona County|cru Casper LLC Trustees Deed · related —
    Feb 16, 2018 — Cru Casper LLC — Loan Modification · related $11.5M · Private Individual
    Jun 25, 2015 — Cru Casper LLC Hospitality Dev Corp Trustees Deed $7.5M · Private Individual
    Jul 9, 2010 — Hospitality Dev Corp Amidee Wyoming LLC Quit Claim Deed · related —
    — — Hospitality Dev Corp — Deed Of Trust · related $150k · Widc-frontier Certified Dev Co
    — — Hospitality Dev Corp — Deed Of Trust · related $150k · Widc-frontier Certified Dev Co
    — — Cru Casper LLC — Loan Modification · related $9.6M · Private Individual

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,070,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,508,000
      Market price range: $820k - $2.15M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $1,480,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Casper
    County
    Natrona
    State
    Wyoming
    Longitude
    -106.327
    Latitude
    42.8547
    CBSA code
    16220
    CBSA name
    CASPER, WY METROPOLITAN STATISTICAL AREA

    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
    $38,579
    $46,183
    $483,100
    $529,283
    -
    $486,138
    $5,085,262
    $5,571,400

    Comparable in this City

    • Value Estimation by Request

      301 E St

      Hotels
      301 E St, Casper, WY 82601
      View Details
    • Value Estimation
      $3,095,000
      156,457 SF

      800 Poplar St

      HOTEL
      800 Poplar St, Casper, WY 82601-1315
      View Details
    • Value Estimation
      $1,500,000
      89,892 SF

      1150 Poplar St

      HOTEL
      1150 Poplar St, Casper, WY 82601-1342
      View Details
    • Value Estimation
      $1,605,000
      123,115 SF

      300 F St

      HOTEL
      300 F St, Casper, WY 82601-1328
      View Details
    • Value Estimation
      $1,095,000
      55,377 SF

      111 D St

      HOTEL
      111 D St, Casper, WY 82601-1008
      View Details
    • Value Estimation
      $1,415,000
      65,427 SF

      1100 Poplar St

      HOTEL
      1100 Poplar St, Casper, WY 82601-1342
      View Details

    Similar Nearby for Sale

    • $600,000
      0.32 Acres

      Historic Casper Building For Redevelopment

      Iconic nine-story building in Casper, WY, for redevelopment.
      100 N Center St, Casper, WY 82601
      View Details
    • $1,100,000

      Hotel/Motel in Casper, WY

      Commercial hotel/motel property for sale in Casper, Wyoming.
      440 E A St, Casper, WY 82601
      View Details
    • Contact for pricing
      12,948 SF

      Royal Inn Hotel Opportunity

      39-key hotel in Casper, Wyoming with value-add potential.
      440 E A St, Casper, WY 82601
      View Details
    • Contact for pricing
      33,668 SF

      Motel and Studio 6 Opportunity

      112-key hotel near I-25 in Casper, Wyoming.
      1150 Wilkins Cir, Casper, WY 82601
      View Details
    • $43,500
      39.70 Acres

      Wyoming Prairie Land For Sale

      39.70-acre prairie parcel bordering BLM land with mountain views.
      789 Bridger Trl, Casper, WY 82601
      View Details
    • Contact for pricing
      1,395 SF

      High-Visibility Corner Commercial Building

      Corner commercial building with high visibility and traffic.
      855 Cy Ave, Casper, WY 82601
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Spaces at Big D Oil

      New construction retail spaces available at a Big D Oil.
      4501 SE Wyoming Blvd, Casper, WY 82601
      View Details
    • Contact for pricing

      Industrial Building in Bar Nunn

      20,230 SF industrial building on 5.88 acres for lease.
      1100 W Coyote Ave, Bar Nunn, WY 82601
      View Details
    • Contact for pricing

      Versatile Commercial Space on Poplar

      Adaptable space suitable for various businesses with ample parking.
      1030 N Poplar St, Casper, WY 82601
      View Details
    • Contact for pricing
      2,268 SF

      Casper Warehouse - Prime Location

      Single-tenant warehouse, 2,268 sq ft.
      840 Cy Ave, Casper, WY 82601
      View Details
    • Contact for pricing

      Versatile Commercial Spaces Available

      Varied spaces with flexible terms in a desirable location.
      4000 S Poplar St, Casper, WY 82601
      View Details
    • Contact for pricing

      Blackmore Marketplace Retail Spaces

      Premier retail spaces available in high-traffic Casper location.
      Blackmore Rd, Casper, WY 82601
      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.
    111 D St
    Casper, WY 82601-1008
    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
    111 D St, Casper, WY, 82601
    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!