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Property profile & analytics
OFF-MARKET
Motels
1601 Lincolnway Cheyenne, WY 82001-4951
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US95-0002337
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1939
Total area
9,486 SF
Lot
0.72 ac (31,558 SF)
Zoning code
CB
APN
11001044800010
UPID
US95-0002337
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
-
Cheyenne Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lyww INC · 2 yrs held
Lyww INC
since 2024
7 recorded transactions
Zoning & alternative use
CB · Cheyenne, WY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Cheyenne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cheyenne 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,001
Tax year 2023
Assessed value
$72,413
Assessed 2024
Previous assessed
$70,726
+2.4% YoY
Effective rate
6.91%
On assessed value
Assessed land
$16,135
Assessed improvement
$56,278
Land market value
$169,844
Improvement market value
$592,403
Total market value
$762,247
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1939
Heating
STEAM
Cooling
WALL UNIT
Stories
1
Units
30
Total area
9,486 SF
Lot
0.72 ac (31,558 SF)
Zoning code
CB
APN
11001044800010
UPID
US95-0002337
Jurisdiction
LARAMIE
Zoning & alternative use
CB · Cheyenne, WY
Zoning CB · permitted uses
CB · Cheyenne, WY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cheyenne. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1939
Heating
STEAM
Cooling
Yes
Stories
1
Units
30
Lot
0.72 ac
Current owner
From public records · entity-resolved
Lyww INC
Entity
Mailing address
1601 E LINCOLNWAY, CHEYENNE, WY 82001-4951
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2024
—
Snowy Rage Ventures LLC
—
Deed
related
$431,250 · Banner Capital Bank
Apr 30, 2024
—
Lyww INC
Koeun INC
Warranty Deed
$1,143,000 · Bbcn Bank
Feb 27, 2017
—
Steven J Grisbee
Sandberg,pamela J
Warranty Deed
related
—
Feb 19, 2016
—
Cc Lodging INC
Cheyenne Motel Of Lincolnway INC
Warranty Deed
related
—
Oct 15, 2015
—
Cheyenne Motel At Lincolnway INC
Sammy Corporation
Warranty Deed
—
Dec 3, 2013
—
Sammy Corp
Hana Dul INC
Warranty Deed
$520,000 · Wilshire Bank
—
—
Cheyenne Motel Of Lincolnway INC
—
Loan Modification
related
$845,650 · Hanmi Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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