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Property profile & analytics
OFF-MARKET
Estimated value
$3,530,000
Medical Office Space
940 3rd St Casper, WY 82601-3237
Entity Owned
8-yr Hold
Free & Clear
Property ID
US95-0036532
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1966
Total area
33,416 SF
Lot
0.96 ac (42,000 SF)
APN
3379-10-21-1-00500
UPID
US95-0036532
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
Current use
Occupant on record · Public records
-
Casper Clinic Medical Clinic
-
Rocky Mountain Behavioral Health Medical Clinic
-
First Light Wellness Center Alternative Medicine Practice
-
Michal J. Quinn M.D.,F.A.A.P. Pediatrician
-
Dr MacGuire office Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.26M
Blend (final)
Blend
$3.53M
Owner & transaction history
Sugar Doge LLC · 8 yrs held
Sugar Doge LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.9M
+51.4%
Restaurant
$3.6M
+13.2%
Apartment house (5+ units)
$3.5M
+7.2%
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 Casper submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Casper 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,220,000
Current use
RETAIL STORES
$4,875,000
Change: +51% · Conversion: Difficult
RESTAURANT
$3,645,000
Change: +13% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,455,000
Change: +7% · Conversion: Moderate
OFFICE BUILDING
$3,295,000
Change: +2% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,825,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$3.53M
Range $3.18M – $3.88M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$106 / SF
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
$35,169
Tax year 2022
Assessed value
$482,493
Assessed 2023
Previous assessed
$369,349
+30.6% YoY
Effective rate
7.29%
On assessed value
Assessed land
$21,977
Assessed improvement
$460,516
Land market value
$231,338
Improvement market value
$4,847,533
Total market value
$5,078,871
Applied tax rate
150.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1966
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
1
Units
22
Total area
33,416 SF
Lot
0.96 ac (42,000 SF)
APN
3379-10-21-1-00500
UPID
US95-0036532
Jurisdiction
NATRONA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$3.2M
RETAIL STORES
Est. value
$4.9M
RESTAURANT
Est. value
$3.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.5M
OFFICE BUILDING
Est. value
$3.3M
COMMERCIAL (GENERAL)
Est. value
$2.8M
MEDICAL BUILDING Current
RETAIL STORES
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1966
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
22
Lot
0.96 ac
Current owner
From public records · entity-resolved
Sugar Doge LLC
Entity
Free & Clear · 8 yrs held
Mailing address
940 E 3RD ST STE #106, CASPER, WY 82601-3200
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2018
—
Sugar Dog LLC
—
Deed
related
—
Jan 10, 2018
—
Sugar Doge LLC
Armor Bradfield Casper LP
Warranty Deed
related
—
Jun 1, 2016
—
Armor Bradfield Casper LP
Casper Clinic Investments LLC
Quit Claim Deed
related
$3,080,000 · Jonah Bk/wy
Feb 7, 2012
—
Casper Clinic Investments LLC
—
Deed Of Trust
related
$2,250,000 · Hilltop National Bank
Aug 9, 2011
—
Casper Clinic Investments LLC
—
Deed Of Trust
related
$1,600,000 · Hilltop National Bank
Apr 20, 2010
—
Casper Clinic Investments LLC
Haupt,douglas A
Quit Claim Deed
related
$750,000 · Hilltop National Bank
Jul 5, 2005
—
Douglas A Haupt
Clinical Investments
Warranty Deed
$1,540,000 · Hilltop National Bank
—
—
Investments Clinical
—
Deed Of Trust
related
$121,000 · Hilltop National Bank
—
—
Investments Clinical
—
Deed Of Trust
related
$30,000 · Hilltop National Bank
—
—
Casper Clinic Investments LLC
—
Deed Of Trust
related
$400,000 · Hilltop National Bank
—
—
Investments Clinical
—
Deed Of Trust
related
$409,707 · Hilltop National Bank
—
—
Sugar Dog LLC
—
Loan Modification
related
—
—
—
Casper Clinic Investments LLC
—
Deed Of Trust
related
$200,000 · Hilltop National Bank
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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