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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Showrooms
1540 2nd St Casper, WY 82601-3000
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US95-0001553
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1984
Total area
7,406 SF
Lot
0.19 ac (8,400 SF)
APN
3379-10-10-6-00900
UPID
US95-0001553
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
-
Carpet One Floor & Home Carpet & Flooring Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$875k
Comparable Approach
Comparable
$742k
Blend (final)
Blend
$810k
Owner & transaction history
Finch Properties LLC · 14 yrs held
Finch Properties LLC
since 2012
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+72.8%
Restaurant
$810,000
+29.1%
Apartment house (5+ units)
$765,000
+22.3%
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 Casper submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Casper 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$945,000
6.5%
$875,000
7%
$810,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$625,000
Current use
RETAIL STORES
$1,080,000
Change: +73% · Conversion: Easy
RESTAURANT
$810,000
Change: +29% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$765,000
Change: +22% · Conversion: Moderate
OFFICE BUILDING
$730,000
Change: +17% · Conversion: Easy
MEDICAL BUILDING
$715,000
Change: +14% · Conversion: Easy
Blend value · Realmo final
$810k
Range $729k – $891k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$109 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$4,375
Tax year 2022
Assessed value
$60,023
Assessed 2023
Previous assessed
$52,007
+15.4% YoY
Effective rate
7.29%
On assessed value
Assessed land
$8,494
Assessed improvement
$51,529
Land market value
$89,414
Improvement market value
$542,407
Total market value
$631,821
Applied tax rate
150.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1984
Heating
FORCED AIR
Cooling
NONE
Stories
1
Units
1
Total area
7,406 SF
Lot
0.19 ac (8,400 SF)
APN
3379-10-10-6-00900
UPID
US95-0001553
Jurisdiction
NATRONA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$625,000
RETAIL STORES
Est. value
$1.1M
RESTAURANT
Est. value
$810,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$765,000
OFFICE BUILDING
Est. value
$730,000
MEDICAL BUILDING
Est. value
$715,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Finch Properties LLC
Entity
Mailing address
3418 E PERSHING BLVD, CHEYENNE, WY 82001-5916
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2022
—
Finch Properties LLC
—
Deed
related
$692,879 · Wyoming Bank & Trust
Jun 13, 2012
—
Finch Properties LLC
Jls Properties LLC
Warranty Deed
$621,000 · Wyoming Bank & Trust
Apr 11, 2007
—
Jls Properties LLC
Anderson Gordon V Trust
Warranty Deed
$768,500 · Anderson G V & M A Tr (tr)
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.
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