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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Showrooms
3424 Pershing Blvd Cheyenne, WY 82001-5916
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US95-0028571
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1967
Total area
8,467 SF
Lot
0.85 ac (36,852 SF)
Zoning code
MR-2
APN
18755000100020
UPID
US95-0028571
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
$915k
Comparable Approach
Comparable
$977k
Blend (final)
Blend
$945k
Owner & transaction history
Finch Properties LLC · 3 yrs held
Finch Properties LLC
since 2022
3 recorded transactions
Zoning & alternative use
MR-2 · Cheyenne, WY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+40.9%
Retail stores
$870,000
+21.7%
Restaurant
$850,000
+18.7%
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 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
by Request
CAP Approach
CAP Return
Estimation
6%
$990,000
6.5%
$915,000
7%
$850,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$715,000
Current use
OFFICE BUILDING
$1,010,000
Change: +41% · Conversion: Easy
RETAIL STORES
$870,000
Change: +22% · Conversion: Easy
RESTAURANT
$850,000
Change: +19% · Conversion: Difficult
MEDICAL BUILDING
$840,000
Change: +17% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$815,000
Change: +14% · Conversion: Moderate
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±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
$112 / 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
$5,006
Tax year 2023
Assessed value
$81,832
Assessed 2024
Previous assessed
$70,792
+15.6% YoY
Effective rate
6.12%
On assessed value
Assessed land
$20,082
Assessed improvement
$61,750
Land market value
$211,394
Improvement market value
$649,995
Total market value
$861,389
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1967
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
8,467 SF
Lot
0.85 ac (36,852 SF)
Zoning code
MR-2
APN
18755000100020
UPID
US95-0028571
Jurisdiction
LARAMIE
Zoning & alternative use
MR-2 · Cheyenne, WY
Zoning MR-2 · permitted uses
MR-2 · 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
COMMERCIAL (GENERAL) Current
Est. value
$715,000
OFFICE BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$870,000
RESTAURANT
Est. value
$850,000
MEDICAL BUILDING
Est. value
$840,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$815,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
RESTAURANT
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1967
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
1
Lot
0.85 ac
Current owner
From public records · entity-resolved
Finch Properties LLC
Entity
Mailing address
3418 E PERSHING BLVD, CHEYENNE, WY 82001-5916
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2022
—
Finch Properties LLC
—
Deed
related
$250,000 · Riverstone Bank
—
—
Finch Properties LLC
—
Deed Of Trust
related
$578,444 · Cheyenne St Bank
—
—
Finch Properties LLC
—
Deed Of Trust
related
$200,000 · Cheyenne St Bank
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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