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    Property profile & analytics

    122 7th Ave Cheyenne, WY 82001-1367

    • Residential income homes
    • 1,962 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Location Intelligence
    Property ID
    US95-0343660
    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

    • Residential income homes

    Property Details for 122 7th Ave

    Year built
    1949
    Construction
    FRAME
    Lot size
    0.27 lot acres
    Property size
    1,962 SF
    Zone code
    MR-1
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    16005000200080
    APU
    16005000200080

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $330,000
      6.5%
      $325,000
      7%
      $375,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $335,000
      Geo Method
      $295,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $340,000
      Retail
      $340,000
      Mixed-Use
      $285,000
      Hospitality
      $325,000
      Educational
      $335,000
      Residential Income
      $295,000
      Energy
      $300,000
      Income-Based Land
      $280,000
      Food Service
      $340,000

    Location Insight

    • Map
    • Local Demand
    City
    Cheyenne
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.824
    Latitude
    41.1526
    CBSA code
    16940
    CBSA name
    CHEYENNE, 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
    2023
    $5,343
    $5,401
    $68,706
    $74,107
    -
    $56,850
    $723,224
    $780,074

    Comparable in this City

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      3326 Van Velzor Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,425 SF
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    • Value Estimation by Request
      1,159 SF

      1615 13th St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,159 SF
      1615 13th St, Cheyenne, WY 82001-4954
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    • Value Estimation by Request
      2,425 SF

      4319 Cheyenne St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,425 SF
      4319 Cheyenne St, Cheyenne, WY 82001-8000
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    • Value Estimation by Request
      2,425 SF

      4319 Cox Ct

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,425 SF
      4319 Cox Ct, Cheyenne, WY 82001-2058
      View Details
    • Value Estimation
      $340,000
      2,522 SF

      1318 19th St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,522 SF
      1318 19th St, Cheyenne, WY 82001-4858
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $24 SF/Yr
      10,500 SF

      Cheyenne Office Space For Rent

      10,500 SF office space available for lease.
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    • $10 SF/Yr
      6,300 SF

      Cheyenne Retail Space Available

      6,300 SF retail space for lease in Cheyenne, Wyoming.
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    • Contact for pricing
      2,566 SF

      Cheyenne Warehouse Space Available

      2566 square foot warehouse space for rent in Cheyenne.
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    • New
      Contact for pricing
      15,000 SF

      Cheyenne Office/Medical Space Available

      15,000 SF office/medical space in excellent Cheyenne location.
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    • $10 SF/Yr
      20,800 SF

      Cheyenne Warehouse: 20,800 SF

      Spacious Cheyenne warehouse, ideal for contractors. Large yard available.
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      View Details
    • Contact for pricing
      1,288 SF

      Cheyenne Retail Space For Lease

      Retail space available for lease in Cheyenne, Wyoming.
      420 Randall Ave, Cheyenne, WY 82001
      View Details
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    122 7th Ave
    Cheyenne, WY 82001-1367
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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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