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Property profile & analytics
OFF-MARKET
Automotive properties
516 Washington St Afton, WY 83110-5108
Entity Owned
Absentee Owner
Free & Clear
Property ID
US95-0123664
Property summary
AI-generated overview
This exceptional commercial property presents a unique investment opportunity in Afton, Wyoming. Located on the south entrance to downtown, this 8,822 square foot building enjoys high visibility and significant traffic flow on Highway 89, ensuring maximum exposure for your business. Currently housing the well-regarded Star Valley Mercantile and 307 The Club, the property offers ample space for expansion of existing operations or the development of new commercial ventures. The .44-acre lot provides significant potential for future development, including the construction of an additional commercial building and expanded parking to accommodate all tenants. The strategic location and substantial square footage make this property ideal for a variety of commercial uses. The sale price includes the land and building only
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1930
Total area
8,822 SF
Lot
0.44 ac (19,166 SF)
APN
32192540510100
UPID
US95-0123664
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
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
JKLM PROPERTIES LLC
JKLM PROPERTIES LLC
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 Afton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Afton 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
$1,065
Tax year 2022
Assessed value
$17,503
Assessed 2023
Previous assessed
$15,918
+10.0% YoY
Effective rate
6.08%
On assessed value
Assessed land
$3,928
Assessed improvement
$13,575
Land market value
$41,352
Improvement market value
$142,899
Total market value
$184,251
Applied tax rate
250.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1930
Heating
FLOOR/WALL FURNACE
Stories
1
Units
1
Total area
8,822 SF
Lot
0.44 ac (19,166 SF)
APN
32192540510100
UPID
US95-0123664
Jurisdiction
LINCOLN
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
1930
Heating
FLOOR/WALL FURNACE
Stories
1
Units
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
JKLM PROPERTIES LLC
Entity
Free & Clear · 0 yrs held
Mailing address
28 BIG RDG MDWS DR, AFTON, WY 83110-8706
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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