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Property profile & analytics
OFF-MARKET
Flex space
324 Blackburn St Cody, WY 82414
Entity Owned
11-yr Hold
Free & Clear
Property ID
US95-0222530
Property summary
AI-generated overview
This is a 1,440-square-foot heated garage bay, with dimensions of 18 feet by 80 feet. It is located in Cody, Wyoming, near Big Horn Avenue. The garage bay includes a large overhead door and a half bath. The space offers ample room for a small business, workshop, or heated storage and is typically offered for lease.
Property profile
Verified
Property type
Flex space
Use group
AUTO REPAIR, GARAGE
Year built
2015
Total area
7,200 SF
Lot
0.57 ac (24,930 SF)
APN
5046700000005
UPID
US95-0222530
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
-
J2Fabrication Alternator Supplier Metal Fabricator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
L & R Ventures LLC · 11 yrs held
L & R Ventures LLC
since 2015
3 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,985
Tax year 2022
Assessed value
$53,056
Assessed 2023
Previous assessed
$53,056
+0.0% YoY
Effective rate
7.51%
On assessed value
Assessed land
$6,878
Assessed improvement
$46,178
Land market value
$72,395
Improvement market value
$486,087
Total market value
$558,482
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
Flex space
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2015
Heating
SPACE
Stories
1
Total area
7,200 SF
Lot
0.57 ac (24,930 SF)
APN
5046700000005
UPID
US95-0222530
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
Building & site characteristics
From public records
Year built
2015
Heating
SPACE
Stories
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
L & R Ventures LLC
Entity
Free & Clear · 11 yrs held
Mailing address
28 POPLAR RD, CODY, WY 82414-8230
Ownership since
2015
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
Jan 21, 2015
—
L & R Ventures LLC
Rodney Hayes
Deed
—
Jul 25, 2014
—
Rodney Hayes
Brian Stott
Warranty Deed
—
Aug 19, 2005
—
Brian Stott
Mcp Management LLC
Warranty Deed
—
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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