Property summary
This 36-key Rodeway Inn motel presents a compelling value-add investment opportunity in Rawlins, Wyoming. The 14,144-square-foot property, situated on a 1.5-acre lot, boasts a prime location at 1500 W Spruce St, 82301, offering convenient access to Interstate I-80, a major east-west thoroughfare connecting San Francisco and Chicago. Built in 1960 and renovated in 2018, the two-story building is zoned for commercial use and features an exterior corridor design. The asking price is $450,000,… translating to $31.82 per square foot. While currently under contract, there may be an opportunity for an all-cash buyer with a quick closing. A change-of-ownership PIP is anticipated to be low. The property's current performance trails comparable motels, presenting significant upside potential for a buyer to implement improved marketing and revenue management strategies, and optimize operational expenses to achieve higher profit margins. The motel's proximity to major cities like Salt Lake City, Cheyenne, Denver, and Fort Collins further enhances its investment appeal. Note that a nearby 58-room Quality Inn is also under contract, potentially offering a unique opportunity for a single owner to operate both properties. However, the Quality Inn has an on-site, condemned 8,906 square foot restaurant building that cannot be used. This freehold property offers a chance to capitalize on the strong location and implement strategies to increase revenue and profitability.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Location Insight
- Alternative use
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