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Property profile & analytics
OFF-MARKET
Office buildings
3701 Rdg Rd Cheyenne, WY 82001-1739
Entity Owned
5-yr Hold
Property ID
US95-0007368
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1962
Construction
FRAME
Total area
1,300 SF
Lot
0.14 ac (6,223 SF)
Zoning code
MR-2
APN
14580000100072
UPID
US95-0007368
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
-
Barbara Archambea Foster Care Service Social Service Agency
-
Jamison Sheffer - State Farm Insurance Agent Insurance Agency
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
41 North LLC · 5 yrs held
41 North LLC
since 2021
7 recorded transactions
Zoning & alternative use
MR-2 · 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
$1,738
Tax year 2023
Assessed value
$25,277
Assessed 2024
Previous assessed
$24,579
+2.8% YoY
Effective rate
6.88%
On assessed value
Assessed land
$3,300
Assessed improvement
$21,977
Land market value
$34,742
Improvement market value
$231,344
Total market value
$266,086
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1962
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
1,300 SF
Lot
0.14 ac (6,223 SF)
Zoning code
MR-2
APN
14580000100072
UPID
US95-0007368
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.
Building & site characteristics
From public records
Year built
1962
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
41 North LLC
Entity
Mailing address
7615 HARVEST LOOP, CHEYENNE, WY 82009-8435
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2021
—
41 North LLC
Horizon Homes INC
Warranty Deed
$213,750 · Platte Valley Bank
Apr 24, 2013
—
Horizon Homes INC
Heartland Home Builders INC
Warranty Deed
$191,700 · Tri-county Bank
Jan 18, 2006
—
Heartland Homebuilders INC
—
Trustees Deed
related
$195,000 · Cheyenne St Bank
Oct 12, 2005
—
Heartland Homebuilders INC
—
Trustees Deed
related
$157,940 · Firstier Bank-cheyenne
Jun 29, 2005
—
Heartland Homebuilders INC
—
Grant Deed
related
$1,010,180 · Kimball Firstier Bank
—
—
Heartland Home Builders INC
—
Deed Of Trust
related
$50,000 · Cheyenne St Bank
—
—
Heartland Home Builders INC
—
Deed Of Trust
related
$175,500 · Tri-county National 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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