New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Office buildings
120 Winston Dr Rock Springs, WY 82901-5832
Entity Owned
Free & Clear
Property ID
US95-0224448
Property summary
AI-generated overview
This exceptional 19,840-square-foot medical office building, constructed in 2020, is situated on a 0.93-acre paved lot in Rock Springs, Wyoming, and zoned B2. The property offers 10,000 square feet of net rentable space. The building features an elevator and ADA-compliant bathrooms on each floor, enhancing accessibility and convenience. Currently, the main floor is occupied by two tenants under long-term leases, providing a stable income stream for an owner/user investment. The upper floor is available for immediate build-out, presenting a significant opportunity for expansion or customization to suit specific needs. This versatile property is ideally suited for a variety of medical or office uses, making it an attractive investment opportunity in a desirable location. The asking price for this turnkey property is $4,250,000. The property's address is 120 Winston Drive, Rock Springs, WY 82901.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2020
Total area
19,840 SF
Lot
0.93 ac (40,467 SF)
APN
1905-34-3-03-011-00
UPID
US95-0224448
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dr. Carol Iverson Alternative Medicine Practice
-
HUB International Insurance Agency
-
Elements Integrative Wellness Center Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.00M
Owner & transaction history
MCM PROPERTIES LLC
MCM PROPERTIES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Rock Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rock Springs submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$50 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,304
Tax year 2023
Assessed value
$183,733
Assessed 2023
Previous assessed
$183,733
+0.0% YoY
Effective rate
7.24%
On assessed value
Assessed land
$22,105
Assessed improvement
$161,628
Land market value
$232,687
Improvement market value
$1,701,351
Total market value
$1,934,038
Applied tax rate
151.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2020
Cooling
AC.PACKAGE
Stories
2
Units
4
Total area
19,840 SF
Lot
0.93 ac (40,467 SF)
APN
1905-34-3-03-011-00
UPID
US95-0224448
Jurisdiction
SWEETWATER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2020
Cooling
Yes
Stories
2
Units
4
Lot
0.93 ac
Current owner
From public records · entity-resolved
MCM PROPERTIES LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 1179, CHANDLER, AZ 85244-1179
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 120 Winston Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
