Entity Owned 
For Sale
1 / 4
$565,000
453 Vandehei Ave,Unit 160, Cheyenne, WY 82009
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Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Total area
14,386 SF
Lot
2.83 ac (123,275 SF)
Zoning code
CB
APN
11447000100010
UPID
US95-0027373
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
(Bike/Boat/Book/etc) Store Wine and Liquor Store
-
(Bike/Boat/Book/etc) Store Home Decor Store
-
Take-out & Catering
-
Financial Advisor
-
Financial Advisor
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
$560k
Comparable Approach
Comparable
$408k
Blend (final)
Blend
$565k
Owner & transaction history
since 2023
6 recorded transactions
Zoning & alternative use
CB · Cheyenne, WY
Zoning description
5.4.2 CB - Community Business District 5.4.3 CBD - Central Business District 5.4.4 MUR - Mixed-Use Residential District 5.4.5 MUB - Mixed-Use Business District 5.4.6 MUE - Mixed-Use Employment District 5.4.7 BP - Busines…
General category
CIVIC_INSTITUTIONAL
Top alternative use upside
Auto repair, garage
$890,000
+133.5%
Office building
$645,000
+69.5%
Warehouse, storage
$645,000
+69.1%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$565k
Value range
$509k – $622k
±10% around blend
Estimated value / SF
$39 / SF
Confidence
Property data
100
Comparable evidence
60
$509k
blend $565k
$622k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
14,386 SF
Lot area
2.83 ac
Year built
2005
Stories
1
APN
11447000100010
Zoning
CB
Assessed value
$372,957
Annual tax
$26,771
3
Income approach: direct capitalization
Partial preview
Income approach indication
$560k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$610k
@ 6.5% CAP return
$560k
@ 7% CAP return
$520k
4
Sales comparison
Partial preview
Sales approach indication
$408k
Range $356k – $408k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$565k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+133%
vs current-use indication
Office Building
Warehouse, Storage
Neighborhood: Shopping Center · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
6.50%
Implied, in-place cap rate for this strip malls
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.50%
9.0%
NOI (est.)
$26k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$402k
Move the market yield to see immediate price impact.
Value / SF
$28
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
6.00%6.50%7.00%
$23k
$392k
$361k
$336k
$26k
$435k
$402k
$373k
$29k
$479k
$442k
$410k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$26,771
Tax year 2023
Assessed value
$372,957
Assessed 2024
Previous assessed
$378,607
-1.5% YoY
Effective rate
7.18%
On assessed value
Assessed land
$55,840
Assessed improvement
$317,117
Land market value
$587,788
Improvement market value
$3,338,077
Total market value
$3,925,865
Applied tax rate
150.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Sale
Year built
2005
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
1
Total area
14,386 SF
Lot
2.83 ac (123,275 SF)
Zoning code
CB
APN
11447000100010
UPID
US95-0027373
Jurisdiction
LARAMIE
Zoning & alternative use
CB · Cheyenne, WYZoning CB · permitted uses
CB · Cheyenne, WY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
5.4.2 CB - Community Business District 5.4.3 CBD - Central Business District 5.4.4 MUR - Mixed-Use Residential District 5.4.5 MUB - Mixed-Use Business District 5.4.6 MUE - Mixed-Use Employment District 5.4.7 BP - Busines…
General category
CIVIC_INSTITUTIONAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
2.83 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
CB
CIVIC_INSTITUTIONAL
Jurisdiction
Cheyenne, WY
Recorded code
CB
Official district
CB
Official district profile
What the municipal code says about CB
Zoning description
5.4.2 CB - Community Business District 5.4.3 CBD - Central Business District 5.4.4 MUR - Mixed-Use Residential District 5.4.5 MUB - Mixed-Use Business District 5.4.6 MUE - Mixed-Use Employment District 5.4.7 BP - Busines…
General category
CIVIC_INSTITUTIONAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CB in Cheyenne, WY.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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