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    Property profile & analytics

    1406 Pr Ave Cheyenne, WY 82009-4855

    • Assisted living facilities
    • 108,457 SF
    • 3.54 lot acres
    OFF-MARKET
    Value Estimation
    $1,020,000
    Location Intelligence
    Property ID
    US95-0035844
    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

    • Pointe Frontier / Retirement Community / Assisted Living Facility

    Property Details for 1406 Pr Ave

    Year built
    1988
    Lot size
    3.54 lot acres
    Property size
    108,457 SF
    Zone code
    PUD
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    15290000100011
    APU
    15290000100011

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,125,000

    • CAP approach

      CAP return
      Estimation
      6%
      $990,000
      6.5%
      $985,000
      7%
      $940,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,090,000
      Geo Method
      $1,045,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,050,000
      Retail
      $1,035,000
      Mixed-Use
      $910,000
      Hospitality
      $945,000
      Educational
      $910,000
      Residential Income
      $1,000,000
      Energy
      $810,000
      Income-Based Land
      $890,000
      Food Service
      $1,130,000

    Location Insight

    • Map
    • Local Demand
    City
    Cheyenne
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.807
    Latitude
    41.165
    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
    $84,840
    $98,643
    $1,098,189
    $1,196,832
    -
    $1,038,345
    $11,559,882
    $12,598,227

    Comparable in this City

    • Value Estimation
      $1,000,000
      54,666 SF

      4606 College Dr

      HOMES (RETIRED, NURSING) • 54,666 SF
      4606 College Dr, Cheyenne, WY 82009-5456
      View Details
    • Value Estimation
      $1,190,000
      125,063 SF

      1530 Dorothy Ln

      HOMES (RETIRED, NURSING) • 125,063 SF
      1530 Dorothy Ln, Cheyenne, WY 82009-1828
      View Details
    • Value Estimation
      $1,040,000
      66,099 SF

      1330 Pr Ave

      HOMES (RETIRED, NURSING) • 66,099 SF
      1330 Pr Ave, Cheyenne, WY 82009-4842
      View Details
    • Value Estimation by Request
      8,437 SF

      6800 Faith Dr

      HOMES (RETIRED, NURSING) • 8,437 SF
      6800 Faith Dr, Cheyenne, WY 82009-2833
      View Details
    • Value Estimation by Request
      4,897 SF

      7123 Cmns Cir

      MEDICAL BUILDING • 4,897 SF
      7123 Cmns Cir, Cheyenne, WY 82009-2681
      View Details
    • Value Estimation by Request
      5,667 SF

      7220 Cmns Cir

      MEDICAL BUILDING • 5,667 SF
      7220 Cmns Cir, Cheyenne, WY 82009-2673
      View Details

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      Build-ready lots with utilities and views in Cheyenne.
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    Similar Nearby for Lease

    • Contact for pricing
      29,756 SF

      Dell Range Boulevard Land Lease

      Pad site/land lease in high-traffic Cheyenne shopping center.
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      Multi-purpose office space available in Cheyenne, Wyoming.
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      Cheyenne Pad Site: Kohl's Neighbor

      Prime 1-acre commercial land, ideal retail location.
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      Office Space in College Business Park

      2060 SF office space with open floor plan.
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    • Contact for pricing
      1,880 SF

      Cheyenne Office/Retail Space Available

      Highly visible office/retail space on Dell Range Corridor for lease.
      4620 Grandview Ave, Cheyenne, WY 82009
      View Details
    • Contact for pricing
      74,052 SF

      Vacant Commercial Lot For Rent

      1.7 acre commercial lot, partially fenced, with storage unit.
      190 S College Dr, Cheyenne, WY 82009
      View Details
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    1406 Pr Ave
    Cheyenne, WY 82009-4855
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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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