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Property profile & analytics
OFF-MARKET
Estimated value
$2,200,000
Hotels
1809 Sugarland Dr Sheridan, WY 82801-5724
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US95-0177114
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1982
Total area
142,233 SF
Lot
7.69 ac (334,976 SF)
APN
03-5684-35-4-56-002-25
UPID
US95-0177114
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
-
The Greenery Restaurant Restaurant
-
Sugarland Mining Co Restaurant
-
ATM Atm
-
coca cola Corporate Office
-
Walmart Garden Center Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.20M
Owner & transaction history
1809 Sugarland LLC · 1 yrs held
1809 Sugarland LLC
since 2024
7 recorded transactions
Zoning & alternative use
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 Sheridan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sheridan 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
$15 / SF
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 2022Property tax & assessments
Tax year 2022
Tax billed
$53,534
Tax year 2022
Assessed value
$906,602
Assessed 2023
Previous assessed
$906,602
+0.0% YoY
Effective rate
5.90%
On assessed value
Assessed land
$88,611
Assessed improvement
$817,991
Land market value
$932,748
Improvement market value
$8,610,433
Total market value
$9,543,181
Applied tax rate
205.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1982
Cooling
AC.PACKAGE
Stories
5
Units
1
Total area
142,233 SF
Lot
7.69 ac (334,976 SF)
APN
03-5684-35-4-56-002-25
UPID
US95-0177114
Jurisdiction
SHERIDAN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1982
Cooling
Yes
Stories
5
Units
1
Lot
7.69 ac
Current owner
From public records · entity-resolved
1809 Sugarland LLC
Entity
Mailing address
PO BOX 1039, SHERIDAN, WY 82801-1039
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
Jan 3, 2025
—
1809 Sugarland LLC
—
Deed
related
$900,000 · First Federal Bank & Trust
Nov 22, 2024
—
1809 Sugarland LLC
Blackstone Lodge LLC
Quitclaim Deed
related
—
May 22, 2024
—
Blackstone Lodge LLC
—
Deed
related
$200,000 · First Federal Bank & Trust
May 20, 2024
—
Blackstone Lodge LLC
Sheridan USA INC
Warranty Deed
$4,651,888 · First Federal Bank & Trust
Jul 17, 2023
—
Sheridan USA INC
Cloud Peak Hospitality LLC
Deed
—
Apr 9, 2018
—
Cloud Peak Hospitality LLC
—
Deed
related
$600,000 · Security First Bank
Mar 29, 2010
—
Cloud Peak Hospitality LLC
Sheridan Operatin Co LLC
Warranty Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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