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Property profile & analytics
OFF-MARKET
Estimated value
$1,425,000
Motels
260 Grandview Dr Lander, WY 82520-2928
Entity Owned
1-yr Hold
Free & Clear
Property ID
US95-0050434
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1996
Total area
24,326 SF
Lot
3.61 ac (157,181 SF)
APN
10-3399-17-3-21-413.00
UPID
US95-0050434
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.43M
Owner & transaction history
Sink & Rise LLC · 1 yrs held
Sink & Rise LLC
since 2024
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.3M
+50.1%
Medical building
$2.3M
+49.7%
Retail stores
$2.3M
+47.7%
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 Lander submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lander 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
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,535,000
Current use
RESTAURANT
$2,300,000
Change: +50% · Conversion: Difficult
MEDICAL BUILDING
$2,295,000
Change: +50% · Conversion: Difficult
RETAIL STORES
$2,265,000
Change: +48% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,080,000
Change: +36% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,825,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$1.43M
Range $1.28M – $1.57M · ±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
$59 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$42,934
Tax year 2022
Assessed value
$573,104
Assessed 2023
Previous assessed
$573,104
+0.0% YoY
Effective rate
7.49%
On assessed value
Assessed land
$30,931
Assessed improvement
$542,173
Land market value
$325,594
Improvement market value
$5,707,089
Total market value
$6,032,683
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
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
1996
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
3
Stories
2
Units
46
Total area
24,326 SF
Lot
3.61 ac (157,181 SF)
APN
10-3399-17-3-21-413.00
UPID
US95-0050434
Jurisdiction
FREMONT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.5M
RESTAURANT
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.3M
RETAIL STORES
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
WAREHOUSE, STORAGE
Est. value
$1.8M
HOTEL/MOTEL Current
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
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
1996
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Buildings
3
Units
46
Lot
3.61 ac
Current owner
From public records · entity-resolved
Sink & Rise LLC
Entity
Free & Clear · 1 yrs held
Mailing address
260 GRANDVIEW DR, LANDER, WY 82520-2928
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2024
—
Sink & Rise LLC
Shirley R Case
Warranty Deed
—
Mar 17, 2023
—
Shirley Case
Sink And Rise LLC
Warranty Deed
—
Dec 28, 2022
—
Sink And Rise INC
Shirley Rae Case
Deed
related
—
Mar 23, 2022
—
Sink & Rise INC
Sink & Rise LLC
Warranty Deed
$1,619,815 · Central Bank & Trust Co
May 11, 2020
—
Shirley Rae Case
Sink And Rise INC
Warranty Deed
—
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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