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Property profile & analytics
FOR SALE
Medical Office Space
2910 Big Horn Ave Cody, WY 82414
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US95-0296389
For Sale
1 / 12
$2,295,000
2910 Big Horn Ave, Cody, WY 82414
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Property summary
AI-generated overview
This exceptional Class A medical office building, located at 2910 Big Horn Ave, Cody, Wyoming 82414, presents a compelling investment opportunity. The property boasts 7,505 square feet on a 39,128 square foot lot, currently operating at 100% occupancy with a multi-tenant lease structure. The building is situated in a thriving community experiencing significant growth, fueled by a robust local economy and expanding healthcare sector. The Net Lease (NNN) structure minimizes landlord responsibilities, contributing to a stable and predictable income stream. With a 6.88% cap rate and an asking price of $2,499,000, this property offers a strong return on investment. The modern facility is well-suited to meet the needs of a growing medical market, ensuring long-term value and potential for appreciation. This is an ideal acquisition for investors seeking a stable, high-yield asset in a dynamic and expanding market. The property's prime location and strong tenant base provide a secure and lucrative investment opportunity in the heart of Cody, Wyoming.
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2016
Total area
7,538 SF
Lot
0.9 ac (39,128 SF)
APN
5031107102003
UPID
US95-0296389
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
-
Bennion Lambourne Orthodontics Dental Office
-
Dr. John Bennion, DDS, MD Dental Office
-
Billings Oral Surgery & Dental Implant Center Dental Office
-
Kyle Tracy, DMD Dental Office
-
Rocky Mountain Family Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$380k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$703k
Blend (final)
Blend
$540k
Owner & transaction history
2910 Big Horn LLC · 1 yrs held
2910 Big Horn LLC
since 2025
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$815,000
+19.8%
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 Cody submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cody 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
$380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$680,000
Current use
OFFICE BUILDING
$815,000
Change: +20% · Conversion: Easy
RETAIL STORES
$660,000
Change: -3% · Conversion: Difficult
RESTAURANT
$635,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$575,000
Change: -15% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$560,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$72 / 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
$10,354
Tax year 2022
Assessed value
$137,854
Assessed 2023
Previous assessed
$137,854
+0.0% YoY
Effective rate
7.51%
On assessed value
Assessed land
$18,417
Assessed improvement
$119,437
Land market value
$193,858
Improvement market value
$1,257,227
Total market value
$1,451,085
Applied tax rate
605.0000
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
Medical Office Space
Use group
DENTAL BUILDING
Status
For Sale
Year built
2016
Cooling
AC.PACKAGE
Stories
1
Total area
7,538 SF
Lot
0.9 ac (39,128 SF)
APN
5031107102003
UPID
US95-0296389
Jurisdiction
PARK
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
MEDICAL BUILDING Current
Est. value
$680,000
OFFICE BUILDING
Est. value
$815,000
RETAIL STORES
Est. value
$660,000
RESTAURANT
Est. value
$635,000
COMMERCIAL (GENERAL)
Est. value
$575,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$560,000
MEDICAL BUILDING Current
OFFICE BUILDING
RETAIL STORES
RESTAURANT
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
2016
Cooling
Yes
Stories
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
2910 Big Horn LLC
Entity
Mailing address
PO BOX 51078, BILLINGS, MT 59105-1078
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2025
—
2910 Big Horn LLC
—
Deed
related
$152,542 · Valley Financial Cu
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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