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    Property profile & analytics

    505 Main St Newcastle, WY 82701-2717

    • Office buildings
    • 1,318 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US95-0174468
    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

    • Arnold Realty, Inc. / Real Estate Agency

    Property Details for 505 Main St

    Year built
    1928
    Lot size
    0.34 lot acres
    Property size
    1,318 SF
    Property type
    Office buildings
    APN
    45612922700100
    APU
    45612922700100

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newcastle
    County
    Weston
    State
    Wyoming
    Longitude
    -104.21
    Latitude
    43.853
    CBSA code
    23940
    CBSA name
    GILLETTE, WY 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
    $1,287
    $2,850
    $13,757
    $16,607
    -
    $30,000
    $144,812
    $174,812

    Comparable in this City

    • Value Estimation by Request
      2,601 SF

      121 Main St

      OFFICE BUILDING • 2,601 SF
      121 Main St, Newcastle, WY 82701-2123
      View Details
    • Value Estimation by Request
      780 SF

      50 State Hwy 450

      OFFICE BUILDING • 780 SF
      50 State Hwy 450, Newcastle, WY 82701-9527
      View Details
    • Value Estimation
      $350,000
      1,472 SF

      420 Main St

      OFFICE BUILDING • 1,472 SF
      420 Main St, Newcastle, WY 82701-2710
      View Details
    • Value Estimation
      $330,000
      1,740 SF

      101 Railway Ave

      OFFICE BUILDING • 1,740 SF
      101 Railway Ave, Newcastle, WY 82701-2814
      View Details
    • Value Estimation by Request
      1,335 SF

      1114 Main St

      OFFICE BUILDING • 1,335 SF
      1114 Main St, Newcastle, WY 82701-2423
      View Details
    • Value Estimation
      $390,000
      9,087 SF

      1225 Washington Blvd

      OFFICE BUILDING • 9,087 SF
      1225 Washington Blvd, Newcastle, WY 82701-2982
      View Details

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    505 Main St
    Newcastle, WY 82701-2717
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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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