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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Motels
2512 Lincolnway Cheyenne, WY 82001-3301
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US95-0049451
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1993
Total area
26,954 SF
Lot
2.58 ac (112,385 SF)
Zoning code
CB
APN
18720000100021
UPID
US95-0049451
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
-
Cheyenne Guest Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$710k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$604k
Blend (final)
Blend
$655k
Owner & transaction history
J & S Wyco INC · 4 yrs held
J & S Wyco INC
since 2021
7 recorded transactions
Zoning & alternative use
CB · 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
$710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$705,000
Current use
Blend value · Realmo final
$655k
Range $590k – $721k · ±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
$24 / 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
$12,046
Tax year 2023
Assessed value
$174,400
Assessed 2024
Previous assessed
$170,358
+2.4% YoY
Effective rate
6.91%
On assessed value
Assessed land
$32,391
Assessed improvement
$142,009
Land market value
$340,962
Improvement market value
$1,494,824
Total market value
$1,835,786
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1993
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Units
60
Total area
26,954 SF
Lot
2.58 ac (112,385 SF)
Zoning code
CB
APN
18720000100021
UPID
US95-0049451
Jurisdiction
LARAMIE
Zoning & alternative use
CB · Cheyenne, WY
Zoning CB · permitted uses
CB · 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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$705,000
HOTEL/MOTEL Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1993
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Units
60
Lot
2.58 ac
Current owner
From public records · entity-resolved
J & S Wyco INC
Entity
Mailing address
2512 W LINCOLNWAY, CHEYENNE, WY 82001-3301
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2021
—
J & S Wyco INC
8th Ave Lodging LLC
Warranty Deed
$2,500,000 · Commonwealth Business Bank
Feb 19, 2019
—
8th Ave Lodging LLC
Owens,christopher E
Quit Claim Deed
related
—
Dec 12, 2018
—
8th Ave Lodging LLC
Ko Amsj INC
Warranty Deed
$3,000,000 · Oregon Trail Bank
Nov 13, 2018
—
Lmrk Propco 3 LLC
—
Deed
related
$125,440 · Wilmington Tr
Jul 1, 2014
—
Ko Amsj INC
Oneagles Wings L & L LLC
Warranty Deed
$2,000,000 · Hanmi Bank
Aug 11, 2011
—
Oneagleswingsl & L LLC
Yi,kun C
Warranty Deed
$1,207,902 · First Interstate Bank
Mar 31, 2011
—
Kun C Yi
Yi,chom S
Quit Claim Deed
related
—
—
—
Lmrk Propco 3 LLC
—
Deed Of Trust
related
$125,440 · Wilmington Tr
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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