New search
Property profile & analytics
FOR LEASE
Strip malls
2220 Dell Range Blvd, Cheyenne, WY 82009
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US95-0346912
For Lease
1 / 7
Contact for pricing
2220 Dell Range Blvd, Cheyenne, WY 82009
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1985
Total area
6,462 SF
Lot
0.69 ac (30,002 SF)
Zoning code
MUB
APN
11120000300021
UPID
US95-0346912
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
-
Dance Fitness etc Department Store
-
KLWY-TV Television Studio Media Distribution
-
T V K L WY Transit Station
-
Kevin Morse, High Plains Mortgage Team, NMLS# 707807 Loan Service Bank
-
Spruce Ridge Plaza Business Service Center Corporate Office
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
Longhorn LLC · 21 yrs held
Longhorn LLC
since 2005
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
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
$6,148
Tax year 2023
Assessed value
$89,190
Assessed 2024
Previous assessed
$86,951
+2.6% YoY
Effective rate
6.89%
On assessed value
Assessed land
$42,039
Assessed improvement
$47,151
Land market value
$442,518
Improvement market value
$496,322
Total market value
$938,840
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1985
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
6,462 SF
Lot
0.69 ac (30,002 SF)
Zoning code
MUB
APN
11120000300021
UPID
US95-0346912
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
1985
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Longhorn LLC
Entity
Mailing address
4000 CENTRAL AVE STE #1, CHEYENNE, WY 82001-1377
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
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
Aug 26, 2019
—
Longhorn LLC
—
Deed
related
—
Feb 12, 2019
—
Longhorn LLC
—
Trustees Deed
related
$365,000 · First Interstate Bk
May 3, 2005
—
Longhorn LLC
William W Anderson
Warranty Deed
$608,000 · Wells Fargo Bank NA
—
—
Longhorn LLC
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.