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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Strip malls
201 2nd St Casper, WY 82601-2582
Entity Owned
4-yr Hold
Free & Clear
Property ID
US95-0040244
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1942
Total area
22,528 SF
Lot
0.34 ac (15,000 SF)
APN
3379-09-11-0-00300
UPID
US95-0040244
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
-
Atrium Plaza Shopping Center & Mall
-
Pink Lion Design Company (Bike/Boat/Book/etc) Store Florist
-
Crazy Horse Spa & Salon Spa & Massage Center
-
Derby Pub Bar & Pub
-
Macahhdew Studio (Bike/Boat/Book/etc) Store Photography Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$648k
Blend (final)
Blend
$650k
Owner & transaction history
Bruce Bauen Casper LLC · 4 yrs held
Bruce Bauen Casper LLC
since 2022
6 recorded transactions
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 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
$655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$795,000
Current use
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$29 / 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
$16,353
Tax year 2022
Assessed value
$183,971
Assessed 2023
Previous assessed
$160,196
+14.8% YoY
Effective rate
8.89%
On assessed value
Assessed land
$11,964
Assessed improvement
$172,007
Land market value
$125,933
Improvement market value
$1,810,605
Total market value
$1,936,538
Applied tax rate
156.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1942
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
22,528 SF
Lot
0.34 ac (15,000 SF)
APN
3379-09-11-0-00300
UPID
US95-0040244
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$795,000
NEIGHBORHOOD: SHOPPING CENTER Current
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
1942
Heating
YES
Cooling
Yes
Stories
2
Units
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Bruce Bauen Casper LLC
Entity
Free & Clear · 4 yrs held
Mailing address
145 S DURBIN ST STE #305, CASPER, WY 82601-2567
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2022
—
Bruce Bauen Casper LLC
Maxwell Properties LLC
Warranty Deed
—
May 18, 2020
—
Maxwell Properties LLC
—
Deed
related
$1,000,443 · First Interstate Bk
Mar 2, 2017
—
Maxwell Properties LLC
—
Deed
related
$800,000 · First Interstate Bk
Feb 2, 2017
—
Maxwell Properties LLC
Lou Taubert Real Estate INC
Warranty Deed
related
—
—
—
Maxwell Properties LLC
—
Loan Modification
related
$1,000,443 · First Interstate Bk
—
—
Maxwell Properties LLC
—
Deed Of Trust
related
$800,000 · First Interstate Bk
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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