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Property profile & analytics
OFF-MARKET
Turn key restaurants
2115 Warren Ave, Cheyenne, WY 82001-3739
Entity Owned
4-yr Hold
Property ID
US95-0003687
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1916
Construction
FRAME
Total area
982 SF
Lot
0.1 ac (4,356 SF)
Zoning code
MUR
APN
11001023400034
UPID
US95-0003687
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
-
Bella Fuoco Wood Fired Pizza Restaurant
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
Penstemon LLC · 4 yrs held
Penstemon LLC
since 2021
7 recorded transactions
Zoning & alternative use
MUR · 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
$1,523
Tax year 2023
Assessed value
$17,350
Assessed 2024
Previous assessed
$16,788
+3.3% YoY
Effective rate
8.78%
On assessed value
Assessed land
$3,121
Assessed improvement
$14,229
Land market value
$32,850
Improvement market value
$149,777
Total market value
$182,627
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1916
Construction
FRAME
Heating
RADIANT
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
1
Total area
982 SF
Lot
0.1 ac (4,356 SF)
Zoning code
MUR
APN
11001023400034
UPID
US95-0003687
Jurisdiction
LARAMIE
Zoning & alternative use
MUR · Cheyenne, WY
Zoning MUR · permitted uses
MUR · 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
1916
Construction
FRAME
Heating
RADIANT
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Penstemon LLC
Entity
Mailing address
909 FOYER AVE, CHEYENNE, WY 82001-1147
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2025
—
Pothos LLC
—
Deed
related
$550,000 · Jonah Bank Of Wyoming
Nov 1, 2021
—
Penstemon LLC
Jm Investments LLC
Warranty Deed
$238,000 · Jonah Bank Of Wyoming
Jul 2, 2018
—
Jm Invs
—
Deed
related
—
Jun 18, 2018
—
Jm Investments LLC
—
Deed
related
$354,335 · Jonah Bk/wy
Nov 21, 2016
—
Bella Fuoco LLC
—
Deed
related
$125,000 · Jonah Bk/wy
May 27, 2016
—
Bella Fuoco LLC
Hm Brothers LLC
Warranty Deed
related
—
Oct 3, 2012
—
Hm Brothers LLC
—
Trustees Deed
related
$120,000 · First Interstate Bank
Aug 23, 2012
—
Charles P Morris
Hm Brothers LLC
Warranty Deed
$83,650 · First Interstate Bank
Mar 30, 2009
—
Hm Brothers LLC
—
Trustees Deed
related
$118,000 · First Interstate Bank
Feb 5, 2009
—
Hm Brothers LLC
Morris,charles P
Warranty Deed
related
—
Dec 11, 2008
—
Charles P Morris
Morris,charles & Mindy
Quit Claim Deed
related
—
Nov 26, 2008
—
Charles P Morris
Morris,charles & Mindy
Quit Claim Deed
related
$105,306 · First Interstate Bank
Sep 7, 2004
—
Charles P Morris
Ingraham,donald J & Doris J
Warranty Deed
$106,400 · Cit Group Consumer Finance INC
—
—
Hm Brothers LLC
—
Loan Modification
related
—
—
—
Charles P Morris
—
Deed Of Trust
related
$108,000 · First Interstate Bank
—
—
Hm Brothers LLC
—
Loan Modification
related
$137,000 · First Interstate Bank
—
—
Bella Fuoco LLC
—
Loan Modification
related
$125,000 · Jonah Bk/wy
—
—
Bella Fuoco LLC
—
Deed Of Trust
related
$20,000 · Jonah Bk/wy
—
—
Bella Fuoco LLC
—
Deed Of Trust
related
$100,000 · Jonah Bk/wy
—
—
Jm Investments LLC
—
Deed Of Trust
related
$354,335 · Jonah Bk/wy
—
—
Jm Invs
—
Loan Modification
related
—
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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