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Property profile & analytics
OFF-MARKET
Estimated value
$1,155,000
Retail space
201 Montana Ave, Casper, WY 82609-2001
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US95-0045914
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1955
Total area
26,017 SF
Lot
4.35 ac (189,307 SF)
APN
3379-11-21-5-00100
UPID
US95-0045914
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
-
Papa Murphy's | Take 'N' Bake Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$785k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.52M
Blend (final)
Blend
$1.16M
Owner & transaction history
Abs Wy-gl LLC · 13 yrs held
Abs Wy-gl LLC
since 2013
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.9M
+71.6%
Medical building
$1.9M
+68.9%
Apartment house (5+ units)
$1.9M
+67.5%
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
$785,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,120,000
Current use
RESTAURANT
$1,920,000
Change: +72% · Conversion: Easy
MEDICAL BUILDING
$1,890,000
Change: +69% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,870,000
Change: +67% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,260,000
Change: +13% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,135,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$1.16M
Range $1.04M – $1.27M · ±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
$44 / 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
$27,313
Tax year 2022
Assessed value
$374,715
Assessed 2023
Previous assessed
$350,148
+7.0% YoY
Effective rate
7.29%
On assessed value
Assessed land
$53,481
Assessed improvement
$321,234
Land market value
$562,955
Improvement market value
$3,381,411
Total market value
$3,944,366
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
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1955
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
3
Stories
2
Units
10
Total area
26,017 SF
Lot
4.35 ac (189,307 SF)
APN
3379-11-21-5-00100
UPID
US95-0045914
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
RETAIL STORES Current
Est. value
$1.1M
RESTAURANT
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.9M
WAREHOUSE, STORAGE
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
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
1955
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
3
Units
10
Lot
4.35 ac
Current owner
From public records · entity-resolved
Abs Wy-gl LLC
Entity
Free & Clear · 13 yrs held
Mailing address
4000 S POPLAR ST, CASPER, WY 82601-6103
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Jul 26, 2017
—
Casper Hilltop LLC
—
Grant Deed
related
$6,300,000 · Miscellaneous Ins Co
Apr 10, 2013
—
Abs Wy-gl LLC
New Albertsons INC
Warranty Deed
related
—
Oct 25, 2012
—
Retail Partners LLC
Sixfold II LLC
Warranty Deed
$4,782,287 · Wells Fargo Bk NA #2007-2 (ce)
Mar 1, 2007
—
Sixfold II LLC
Hill Top INC
Grant Deed
$5,000,000 · Bear Stearns Commercial Mtg
—
—
Abs Wy-gl LLC
—
Deed Of Trust
related
$850,000,000 · Bank Of America
—
—
Abs Wy-gl LLC
—
Deed Of Trust
related
$1,150,000,000 · Citibank NA
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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