Technical
Financial
Distress signals
Property profile

1603 Capitol Ave Cheyenne, WY 82001

OFF-MARKET
Investment properties
Property ID
US95-0009273
20,516 SF 0.12 ac lot Built 1907
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1907
Total area 20,516 SF
Lot 0.12 ac (5,148 SF)
Zoning code CBD
APN 11001038900052
UPID US95-0009273

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Hospital
  • (Bike/Boat/Book/etc) Store Corporate Office
  • (Bike/Boat/Book/etc) Store Corporate Office
  • (Bike/Boat/Book/etc) Store Corporate Office

Location

1603 Capitol Ave Cheyenne, WY 82001-4569
Cheyenne metro Census 702 CHEYENNE, WY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.22M
Comparable Approach Comparable
$2.39M
Blend (final) Blend
$725k

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2020
Price N/A
2020
Price N/A
2020
Price N/A
2020
Price N/A
2020
Price N/A
2016
Price N/A

Zoning & alternative use

CBD · Cheyenne, WY
Zoning description

5.4.3 CBD - Central Business District 5.4.4 MUR - Mixed-Use Residential District 5.4.5 MUB - Mixed-Use Business District 5.4.6 MUE - Mixed-Use Employment District 5.4.7 BP - Business Park 5.4.1 NB - Neighborhood Business…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Office building $2.4M +40.9%
Retail stores $2.1M +21.7%
Restaurant $2.1M +18.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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