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Property profile & analytics
OFF-MARKET
Strip malls
4503 Western Way, Cheyenne, WY 82001-6503
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US95-0343664
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Total area
9,375 SF
Lot
1.85 ac (80,586 SF)
Zoning code
CB
APN
12450000100600
UPID
US95-0343664
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
-
Mead Lumber Design Center Big Box & Wholesale Store Building Supply
-
Pour Decisions Bar & Grill Cheyenne, WY Bar & Pub Restaurant
-
Outlaw Liquors (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Scissors&Color by Megan LLC Hair Salon
-
Roots Salon Spa and Boutique.llc Barber Shop
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
Rns Land Co LLC · 10 yrs held
Rns Land Co LLC
since 2016
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
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
$10,523
Tax year 2023
Assessed value
$147,118
Assessed 2024
Previous assessed
$148,821
-1.1% YoY
Effective rate
7.15%
On assessed value
Assessed land
$41,838
Assessed improvement
$105,280
Land market value
$440,403
Improvement market value
$1,108,212
Total market value
$1,548,615
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
Off-Market
Year built
2007
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
9,375 SF
Lot
1.85 ac (80,586 SF)
Zoning code
CB
APN
12450000100600
UPID
US95-0343664
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.
Building & site characteristics
From public records
Year built
2007
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.85 ac
Current owner
From public records · entity-resolved
Rns Land Co LLC
Entity
Mailing address
4503 WESTERN WAY UNIT C, CHEYENNE, WY 82001-6520
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2016
—
Rns Land Co LLC
Heje INC
Warranty Deed
—
Nov 2, 2015
—
Heje INC
Five Of A Kind LLC
Warranty Deed
—
Apr 1, 2009
—
Five Of A Kind LLC
—
Trustees Deed
related
$349,500 · First Interstate Bank
Aug 28, 2007
—
Five Of A Kind LLC
Jesperson,kent N
Warranty Deed
$929,889 · First Interstate Bank
Apr 2, 2007
—
Kent N Jesperson
Wahine Holdings LLC
Warranty Deed
$348,060 · First Interstate Bank
Feb 17, 2006
—
Wahine Holdings LLC
Cheyenne Ranch LLC
Warranty Deed
—
Jan 18, 2006
—
Wahine Holdings LLC
—
Trustees Deed
related
$1,001,440 · First Interstate Bank
—
—
Heje INC
—
Loan Modification
related
—
—
—
Five Of A Kind LLC
—
Loan Modification
related
$929,889 · First Interstate 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.
Try Rey
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