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    50 Broadway Ave Jackson, WY 83001-8630
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    Property profile & analytics

    50 Broadway Ave Jackson, WY 83001-8630


    • Retail space
    • 14,052 SF
    • 0.17 lot acres
    Off-Market
    Last Sale Oct 7, 2024
    Property ID
    US95-0321704
    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
    $760,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • JD High Country Outfitters / (Bike/Boat/Book/etc) Store
    • Street parking - closed overnight winter / Parking Lot & Garage
    • High Country Flies / (Bike/Boat/Book/etc) Store

    Property Details for 50 Broadway Ave

    Year built
    1962
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.17 lot acres
    Property size
    14,052 SF
    Property type
    Retail space
    APN
    41163420500300
    APU
    41163420500300

    Description

    This exceptional two-story, 15,246 square foot Class A storefront at 50 E Broadway Ave in Jackson, Wyoming, presents a rare investment opportunity. Located in the heart of Jackson Hole's Town Square, this property boasts a highly desirable location within a thriving retail corridor experiencing approximately 15,000 vehicles daily and a Walker's Paradise score of 93. The building, originally constructed in 1628 and extensively renovated in 1997, is currently under a single-tenant, net-lease agreement with a remaining term of 4.7 years (expiring August 6, 2029). The property features 14,562 square feet of net rentable space, generating a substantial net operating income (NOI) of $970,000 and a 4.69% cap rate. The asking price is $20,700,000, translating to $1,357.73 per square foot. This cornerstone property benefits from a high net worth demographic, with a local average per capita income of $406,054, and the significant annual tourist spending of $1.7 billion. The 0.17-acre lot is zoned Town Square 1 and offers unparalleled visibility and pedestrian traffic. This is a low-management, highly maintained asset in excellent condition, representing a unique chance to acquire a prime retail space in one of the most sought-after locations in Jackson Hole. The property's proximity to numerous restaurants and amenities further enhances its appeal.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $605,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $915,000
      Market price range: $356k - $1.11M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $670,000
      Current use
      OFFICE BUILDING
      $1,245,000
      Change: +86% Conversion: Easy
      RESTAURANT
      $1,230,000
      Change: +84% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,120,000
      Change: +67% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,085,000
      Change: +62% Conversion: Easy
      WAREHOUSE, STORAGE
      $575,000
      Change: -14% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Teton
    State
    Wyoming
    Longitude
    -110.761
    Latitude
    43.4793
    CBSA code
    27220
    CBSA name
    JACKSON, WY-ID MICROPOLITAN STATISTICAL AREA

    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
    2024
    $51,949
    $143,037
    $782,980
    $926,017
    -
    $1,505,655
    $8,241,893
    $9,747,548
    More about this property
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