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Property profile & analytics
OFF-MARKET
Estimated value
$1,995,000
Office buildings
1920 Thomes Ave Cheyenne, WY 82001-3542
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US95-0020796
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Total area
35,454 SF
Lot
0.75 ac (32,868 SF)
Zoning code
MUB
APN
11001029000010
UPID
US95-0020796
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
-
cloudEQ (Bike/Boat/Book/etc) Store Corporate Office
-
Law Office Of Susan L. Feinman Law Firm
-
Karpan & White PC Law Firm
-
Village Caregiving Home Help Home Health Care Service
-
Tortorich, PC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.08M
Blend (final)
Blend
$2.00M
Owner & transaction history
Western Vista FCU · 5 yrs held
Western Vista FCU
since 2020
4 recorded transactions
Zoning & alternative use
MUB · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.00M
Range $1.80M – $2.19M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$56 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$24,276
Tax year 2023
Assessed value
$271,770
Assessed 2024
Previous assessed
$267,626
+1.5% YoY
Effective rate
8.93%
On assessed value
Assessed land
$16,290
Assessed improvement
$255,480
Land market value
$171,472
Improvement market value
$2,689,265
Total market value
$2,860,737
Applied tax rate
151.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1982
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
6
Units
1
Total area
35,454 SF
Lot
0.75 ac (32,868 SF)
Zoning code
MUB
APN
11001029000010
UPID
US95-0020796
Jurisdiction
LARAMIE
Zoning & alternative use
MUB · Cheyenne, WY
Zoning MUB · permitted uses
MUB · 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
1982
Heating
PACKAGE
Cooling
Yes
Stories
6
Units
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Western Vista FCU
Individual
Mailing address
3207 SPARKS RD, CHEYENNE, WY 82001-6152
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2020
—
Western Vista FCU
City Center Building LLC
Warranty Deed
related
—
Feb 25, 2019
—
City Center Building LLC
—
Deed
related
$643,000 · Wells Fargo Bank NA
May 26, 2006
—
City Center Building LLC
City Center Ptshp
Quit Claim Deed
related
—
—
—
City Center Building LLC
—
Loan Modification
related
$1,015,209 · Wells Fargo 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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