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Property profile & analytics
OFF-MARKET
Industrial properties
1920 Missile Dr Cheyenne, WY 82001-2680
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US95-0344194
Property summary
AI-generated overview
This Cheyenne, Wyoming industrial property, located at 1920 Missile Dr, offers 2,318 square feet of versatile flex space ideal for various uses. The single-story, 2003-built warehouse, renovated in 2010, sits on a 0.73-acre lot with convenient access to I-25. The building features a Class B rating, 18-foot ceilings, two drive-in doors, and ample parking with 15 spaces. Utilities are separately metered, with tenants responsible for electric and gas through Black Hills Energy. The interior includes a combination warehouse area, two offices, and one restroom. Additional features include a floor drain, an internal house bib, 110-220V electric, and halogen lighting. The property is zoned LI and has a Laramie County APN of 12338000100121. The building has a total of five suites, with the entire 2,318 square feet currently vacant. The property's frontage measures 202 feet. Taxes are $0.17 per square foot.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2003
Total area
12,600 SF
Lot
0.73 ac (31,937 SF)
Zoning code
LI
APN
12338000100121
UPID
US95-0344194
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
-
Boeing Co. Industrial Manufacturer Production Facility
-
Cheyenne Auctioneers LLC Trade Show Venue (Bike/Boat/Book/etc) Store
-
Intoxalock Ignition Interlock Building Supply General Contractor
-
Laramie Fire Protection / ETG FIRE, INC. Production Facility Security Service
-
Low Cost Ignition Interlock Building Supply General Contractor
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
Retail Properties L LLC · 7 yrs held
Retail Properties L LLC
since 2019
6 recorded transactions
Zoning & alternative use
LI · 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
$5,319
Tax year 2023
Assessed value
$74,878
Assessed 2024
Previous assessed
$75,221
-0.5% YoY
Effective rate
7.10%
On assessed value
Assessed land
$13,285
Assessed improvement
$61,593
Land market value
$139,843
Improvement market value
$648,344
Total market value
$788,187
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2003
Heating
SPACE
Stories
1
Units
1
Total area
12,600 SF
Lot
0.73 ac (31,937 SF)
Zoning code
LI
APN
12338000100121
UPID
US95-0344194
Jurisdiction
LARAMIE
Zoning & alternative use
LI · Cheyenne, WY
Zoning LI · permitted uses
LI · 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
2003
Heating
SPACE
Stories
1
Units
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Retail Properties L LLC
Entity
Mailing address
3151 E NATIONWAY UNIT E, CHEYENNE, WY 82001-6245
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2019
—
Retail Properties L LLC
Pfann Properties LLC
Warranty Deed
related
—
Aug 23, 2007
—
Pfann Properties LLC
Pfannenstiel Irene L Trust
Quit Claim Deed
related
—
Aug 2, 2005
—
Pfannenstiel,irene L Trust
Lewis,duwayne & Esther M
Warranty Deed
$306,601 · Duwayne & Esther M Lewis
—
—
Pfannenstiel,irene L Living Trust
—
Deed Of Trust
related
$41,710 · Guaranty Bank
—
—
Pfannenstiel,irene L Trust
—
Deed Of Trust
related
$475,000 · Guaranty Bank
—
—
Pfannenstiel,irene L Living Trust
—
Deed Of Trust
related
$82,000 · Guaranty Bank
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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