Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    121 7th St Worland, WY 82401-3305

    Property Lookup

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

    121 7th St Worland, WY 82401-3305

    View on Map
    • Individual retail properties
    • 9,600 SF
    • 0.14 lot acres
    Off-Market
    Property ID
    US95-0185681
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Worland Cleaners & Supply / (Bike/Boat/Book/etc) Store

    Property Details for 121 7th St

    Year built
    1952
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.14 lot acres
    Property size
    9,600 SF
    Property type
    Individual retail properties
    APN
    47502525000800
    APU
    47502525000800

    Description

    This exceptional commercial property, located at 121 S 7th Street in Worland, Wyoming, presents a significant investment opportunity. The building boasts a substantial 9,600 square feet of space, offering ample room for a variety of business ventures. Situated on a conveniently sized 0.14-acre lot, the property provides sufficient outdoor space for parking, loading, or potential expansion. The asking price for this well-positioned commercial building is $450,000. Its prime location in Worland offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a strong presence in the community. The property's size and versatility make it suitable for a wide range of commercial uses, from retail and office space to light industrial operations. Serious inquiries are encouraged to explore the potential of this valuable asset. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. This is a rare opportunity to acquire a substantial commercial property in a desirable location at a competitive price. Don't miss out on this chance to establish or expand your business in a thriving community. Further details and viewing arrangements can be made upon request. The property is being offered as-is.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Worland
    County
    Washakie
    State
    Wyoming
    Longitude
    -107.96
    Latitude
    44.0161

    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
    $2,667
    $4,408
    $32,082
    $36,490
    -
    $46,400
    $337,709
    $384,109

    Comparable in this City

    • Value Estimation by Request
      5,000 SF

      1214 Flt Rd

      GYM, HEALTH SPA • 5,000 SF
      1214 Flt Rd, Worland, WY 82401-9539
      View Details
    • Value Estimation by Request
      11,667 SF

      1624 Big Horn Ave

      GYM, HEALTH SPA • 11,667 SF
      1624 Big Horn Ave, Worland, WY 82401-2908
      View Details
    • Value Estimation by Request
      1,127 SF

      1401 Big Horn Ave

      LAUNDROMAT (SELF-SERVICE) • 1,127 SF
      1401 Big Horn Ave, Worland, WY 82401-2833
      View Details
    • Value Estimation by Request
      1,788 SF

      2313 Big Horn Ave

      LAUNDROMAT (SELF-SERVICE) • 1,788 SF
      2313 Big Horn Ave, Worland, WY 82401-3001
      View Details
    • Value Estimation by Request
      6,000 SF

      1280 Flt Rd

      GYM, HEALTH SPA • 6,000 SF
      1280 Flt Rd, Worland, WY 82401-9539
      View Details
    • Value Estimation by Request
      1,645 SF

      902 Big Horn Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,645 SF
      902 Big Horn Ave, Worland, WY 82401-2705
      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
    • $275,000
      5,456 SF

      Worland Main Street Commercial Opportunity

      Two buildings totaling 5,456 SF in Worland, Wyoming.
      1316 Big Horn Ave, Worland, WY 82401
      View Details
    • $339,000
      2,400 SF

      Commercial Shop in Worland, WY

      2,400 sqft commercial shop with office and loft.
      607 & 609 Ln West, Worland, WY 82401
      View Details
    • Contact for pricing
      1,428 SF

      Highway Frontage Commercial Building

      Versatile 1,428 sq ft building on .42-acre corner lot.
      1001 Pulliam Ave, Worland, WY 82401
      View Details
    • $595,000
      7,200 SF

      Commercial Building in Worland, Wyoming

      7200 SF commercial building suitable for retail or office.
      417 N 10Th St, Worland, WY 82401
      View Details
    • $90,000
      8.53 Acres

      8.5 Acres Building Lot

      8.5-acre building lot with panoramic views near Worland, Wyoming.
      2366 Hwy 20 S, 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.
    121 7th St
    Worland, WY 82401-3305
    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.
    Sign Up Successful!
    You now have access to more from Realmo!