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    Property profile & analytics

    408 Park St Thermopolis, WY 82443-2232

    • Motels
    • 7,686 SF
    • 0.73 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Location Intelligence
    Property ID
    US95-0073539
    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.

    Current Use by Public Records

    • Rainbow Motel / Motel / Indoor Lodging

    Property Details for 408 Park St

    Year built
    1949
    Lot size
    0.73 lot acres
    Property size
    7,686 SF
    Property type
    Motels
    APN
    43953620900800
    APU
    43953620900800

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Thermopolis
    County
    Hot Springs
    State
    Wyoming
    Longitude
    -108.209
    Latitude
    43.6509

    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
    $2,487
    $8,782
    $26,144
    $34,926
    -
    $92,437
    $275,192
    $367,629

    Comparable in this City

    • Value Estimation by Request
      3,656 SF

      401 Park St

      MOTEL • 3,656 SF
      401 Park St, Thermopolis, WY 82443-2231
      View Details
    • Value Estimation by Request
      54,066 SF

      115 Park St

      MOTEL • 54,066 SF
      115 Park St, Thermopolis, WY 82443-2444
      View Details
    • Value Estimation
      $305,000
      1,452 SF

      605 6th St

      MOTEL • 1,452 SF
      605 6th St, Thermopolis, WY 82443-3201
      View Details
    • Value Estimation
      $405,000
      6,160 SF

      501 6th St

      MOTEL • 6,160 SF
      501 6th St, Thermopolis, WY 82443-3007
      View Details
    • Value Estimation
      $375,000
      3,408 SF

      412 6th St

      MOTEL • 3,408 SF
      412 6th St, Thermopolis, WY 82443-2255
      View Details
    • Value Estimation
      $665,000
      27,387 SF

      166 Us Hwy 20th S

      MOTEL • 27,387 SF
      166 Us Hwy 20th S, Thermopolis, WY 82443-9403
      View Details

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    408 Park St
    Thermopolis, WY 82443-2232
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    Realmo Value Estimation

    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.

    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.

    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
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