Technical
Financial
Distress signals
Property profile

216 Lincolnway Cheyenne, WY 82001

OFF-MARKET
Investment properties
Property ID
US95-0033742
22,661 SF 0.2 ac lot Built 1882
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1882
Total area 22,661 SF
Lot 0.2 ac (8,670 SF)
Zoning code CBD
APN 11001039000052
UPID US95-0033742

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
  • Restaurant Take-out & Catering
  • Home Decor Store Department Store

Location

216 Lincolnway Cheyenne, WY 82001-4410
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
$2.45M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.20M

Owner & transaction history

since 2020
7 recorded transactions
2025
Price N/A
2020
Price N/A
2019
Price N/A
2006
Price N/A
2006
Price N/A
1969
Price N/A
1969
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 $2.7M +40.9%
Retail stores $2.3M +21.7%
Restaurant $2.3M +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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