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    Property profile & analytics

    5840 2nd St Casper, WY 82609-4361

    • Office buildings
    • 6,000 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Location Intelligence
    Property ID
    US95-0054444
    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

    • Rocky Mountain Family Medicine / Medical Clinic / Family Practice Physician
    • Farmers Insurance - Michael Erickson / Insurance Agency
    • Erica Costello / Physician Assistant
    • Farmers Insurance - Bradley Hamm / Insurance Agency / Home Insurance Agency
    • Robyn Morrison / Physician Assistant / Doctor

    Property Details for 5840 2nd St

    Year built
    2010
    Lot size
    0.14 lot acres
    Property size
    6,000 SF
    Property type
    Office buildings
    APN
    3378-08-20-2-00604
    APU
    33780820200604

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $390,000
      6.5%
      $400,000
      7%
      $410,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $395,000
      Geo Method
      $395,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $330,000
      Retail
      $385,000
      Mixed-Use
      $390,000
      Hospitality
      $375,000
      Educational
      $335,000
      Residential Income
      $430,000
      Energy
      $430,000
      Income-Based Land
      $385,000
      Food Service
      $425,000

    Location Insight

    • Map
    • Local Demand
    City
    Casper
    County
    Natrona
    State
    Wyoming
    Longitude
    -106.237
    Latitude
    42.8446
    CBSA code
    16220
    CBSA name
    CASPER, WY METROPOLITAN 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
    2022
    $5,985
    $6,963
    $75,145
    $82,108
    -
    $73,296
    $790,995
    $864,291

    Comparable in this City

    • Value Estimation by Request
      1,056 SF

      200 Frst Dr

      OFFICE BUILDING • 1,056 SF
      200 Frst Dr, Casper, WY 82609-2247
      View Details
    • Value Estimation by Request
      20,504 SF

      1300 Venture Way

      OFFICE BUILDING • 20,504 SF
      1300 Venture Way, Casper, WY 82609-4353
      View Details
    • Value Estimation
      $365,000
      3,675 SF

      1421 Beverly St

      OFFICE BUILDING • 3,675 SF
      1421 Beverly St, Casper, WY 82609-4131
      View Details
    • Value Estimation
      $340,000
      4,000 SF

      5850 2nd St

      OFFICE BUILDING • 4,000 SF
      5850 2nd St, Casper, WY 82609-4342
      View Details
    • Value Estimation by Request
      4,800 SF

      300 Frst Dr

      OFFICE BUILDING • 4,800 SF
      300 Frst Dr, Casper, WY 82609-1901
      View Details
    • Value Estimation
      $370,000
      7,132 SF

      2510 15th St

      OFFICE BUILDING • 7,132 SF
      2510 15th St, Casper, WY 82609-4111
      View Details

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    Similar Nearby for Lease

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    • $30 SF/Yr
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      Prime Casper Warehouse Space

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      Established Restaurant, 43,996 sq ft
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      View Details
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    Casper, WY 82609-4361
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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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