Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    235 Main St Buffalo, WY 82834
    Back to Search
    Property profile & analytics

    235 Main St Buffalo, WY 82834

    View on Map
    • Investment properties
    • 3,840 SF
    • 0.60 lot acres
    For Sale
    $450,000
    View Listing →
    Prime Buffalo Commercial Space For Sale
    $450,000
    11,062 SF

    Prime Buffalo Commercial Space

    11,062 sq ft, $450,000

    235 Main St, Buffalo, WY 82834
    View Listing
    Property ID
    US95-0185622
    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

    • FLOOR'd, LLC / Carpet & Flooring Store / Hardware & Home Improvement
    • Buffalo Theater / Cinema / Theater & Performing Art Venue
    • Edward Jones - Financial Advisor: Zac Smith / Financial Advisor
    • Cheyenne Gillette / Physician
    • Heaven Bound Boutique & Books / Clothing Store / Book Store

    Property Details for 235 Main St

    Year built
    1993
    Construction
    FRAME
    Lot size
    0.60 lot acres
    Property size
    3,840 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    R0007457
    APU
    R0007457

    Description

    This exceptional commercial property, located at 235 S Main Street, Units A and C in Buffalo, Wyoming, presents a significant investment opportunity. Boasting a substantial 11,062 square feet of space, this "Other" type property offers immense potential for a variety of commercial uses. The building is situated on a lot with no acreage, making it ideal for businesses that require convenient access and minimal land maintenance. The asking price is $450,000, representing a compelling value for such a large footprint in a desirable location within Buffalo. The property's versatility allows for creative adaptation to suit diverse business needs. Its prime location on South Main Street offers excellent visibility and accessibility, ensuring high traffic and potential customer reach. The absence of acreage simplifies operations and reduces ongoing maintenance costs. This is a rare opportunity to acquire a substantial commercial space in a thriving Wyoming town at an attractive price point. Serious inquiries are encouraged to explore the possibilities this property offers. Detailed specifications and potential use cases can be provided upon request. Don't miss this chance to secure a valuable asset in a growing market. Contact us today to schedule a viewing and discuss your business needs.

    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
    Buffalo
    County
    Johnson
    State
    Wyoming
    Longitude
    -106.697
    Latitude
    44.3444

    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
    2022
    $2,336
    $15,466
    $15,603
    $31,069
    -
    $162,796
    $164,246
    $327,042

    Comparable in this City

    • Value Estimation by Request
      1,392 SF

      216 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,392 SF
      216 Main St, Buffalo, WY 82834-1729
      View Details
    • Value Estimation by Request
      2,809 SF

      74 Angus St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,809 SF
      74 Angus St, Buffalo, WY 82834-1829
      View Details
    • Value Estimation by Request
      5,073 SF

      238 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,073 SF
      238 Main St, Buffalo, WY 82834-1747
      View Details
    • Value Estimation by Request
      1,238 SF

      66 Angus St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,238 SF
      66 Angus St, Buffalo, WY 82834-1829
      View Details
    • Value Estimation by Request
      3,002 SF

      1301 Rock Crk Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,002 SF
      1301 Rock Crk Rd, Buffalo, WY 82834-9336
      View Details
    • Value Estimation by Request
      3,235 SF

      61 Main St, Unit 69

      OFFICE/RESIDENTIAL (MIXED USE) • 3,235 SF
      61 Main St, Buffalo, WY 82834-1814
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,287 SF

      Iconic Mixed-Use Commercial Property

      Income-producing property in downtown Buffalo with retail, office, and warehouse.
      66 W Angus St, Buffalo, WY 82834
      View Details
    • Contact for pricing
      9,000 SF

      Mixed-Use Property with Rental Income

      Mixed-use property featuring apartment and storage units for sale.
      845 Fort St, Buffalo, WY 82834
      View Details
    • $450,000
      11,062 SF

      Prime Buffalo Commercial Space

      11,062 sq ft, $450,000
      235 Main St, Buffalo, WY 82834
      View Details
    • Contact for pricing

      Artesian Water Source and Land

      Private land with deep artesian water source for sale.
      Crazy Woman Canyon Rd, Buffalo, WY 82834
      View Details
    • $212,362

      Customizable Garage Unit For Sale

      Customizable garage unit perfect for hobbies, business, or storage.
      360 Euskaldun Kalea A-2, Buffalo, WY 82834
      View Details
    • $169,000
      10.00 Acres

      Land Near Buffalo, Wyoming

      10 acres of unrestricted land near Buffalo, Wyoming.
      405 Trabing Rd, Buffalo, WY 82834
      View Details
    View Listing
    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.
    235 Main St
    Buffalo, WY 82834
    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

    Thank You for Inquiry
    235 Main St, Buffalo, WY, 82834
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!