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    Property profile & analytics

    505 Williams St Cheyenne, WY 82007-3641

    • Office buildings
    • 864 SF
    • 40.00 lot acres
    OFF-MARKET
    Value Estimation
    $470,000
    Location Intelligence
    Property ID
    US95-0010715
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • West Winds Mobile Home Community / Mobile Home Rental Agency / Apartment Rental Agency
    • Zinger / Educational Supply Store
    • Fastwell LLC / Wellness Program
    • Busy Bees Housekeeping / House Cleaning Service
    • The Lyons Den / Garden

    Property Details for 505 Williams St

    Year built
    1973
    Lot size
    40.00 lot acres
    Property size
    864 SF
    Zone code
    MR
    Property type
    Office buildings
    APN
    13006617040
    APU
    13006617040

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $435,000

    • CAP approach

      CAP return
      Estimation
      6%
      $545,000
      6.5%
      $560,000
      7%
      $540,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $515,000
      Geo Method
      $610,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $645,000
      Retail
      $565,000
      Mixed-Use
      $640,000
      Hospitality
      $680,000
      Educational
      $605,000
      Residential Income
      $535,000
      Energy
      $570,000
      Income-Based Land
      $585,000
      Food Service
      $570,000

    Location Insight

    • Map
    • Local Demand
    City
    Cheyenne
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.807
    Latitude
    41.0933
    CBSA code
    16940
    CBSA name
    CHEYENNE, WY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,752
    $257,752
    $43,468
    $301,220
    -
    $2,713,182
    $457,557
    $3,170,739

    Comparable in this City

    • Value Estimation
      $805,000
      21,768 SF

      6215 Clear Crk Pkwy

      OFFICE BUILDING • 21,768 SF
      6215 Clear Crk Pkwy, Cheyenne, WY 82007-1951
      View Details
    • Value Estimation
      $900,000
      38,738 SF

      7052 Commerce Cir

      OFFICE BUILDING • 38,738 SF
      7052 Commerce Cir, Cheyenne, WY 82007-1858
      View Details
    • Value Estimation
      $545,000
      15,378 SF

      118 Evelyn St

      OFFICE BUILDING • 15,378 SF
      118 Evelyn St, Cheyenne, WY 82007-1029
      View Details
    • Value Estimation by Request
      540 SF

      505 Greeley Hwy

      OFFICE BUILDING • 540 SF
      505 Greeley Hwy, Cheyenne, WY 82007-2851
      View Details
    • Value Estimation
      $515,000
      8,360 SF

      1300 Murray Rd

      OFFICE BUILDING • 8,360 SF
      1300 Murray Rd, Cheyenne, WY 82007-3795
      View Details
    • Value Estimation
      $310,000
      384 SF

      420 College Dr

      OFFICE BUILDING • 384 SF
      420 College Dr, Cheyenne, WY 82007-3427
      View Details

    Similar Nearby for Sale

    • $15,000,000
      69,941 SF

      Cheyenne Creative Office Building

      Class A Office, Owner-User Opportunity
      300 Morrie Ave, Cheyenne, WY 82007
      View Details
    • Contact for pricing
      4,500 SF

      Cheyenne Office Spaces For Sale

      Three office spaces available, can be combined or leased separately.
      1775 Goodnight Trl, Cheyenne, WY 82007
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    • New
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      9.69 Acres

      Flexible Office Space and Land

      Office suites and land available for lease near Cheyenne.
      6131 Trumpeter Dr, Cheyenne, WY 82007
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    • $2,590,000
      20,000 SF

      Cheyenne Warehouse Complex - 20,000 SF

      Prime Cheyenne industrial warehouse, 85% occupied.
      0 Parsley Blvd, Cheyenne, WY 82007
      View Details
    • $1,200,000
      4.90 Acres

      Cheyenne Commercial Lot For Sale

      Open commercial lot near high-traffic area with utilities access.
      1 High Plains Rd, Cheyenne, WY 82007
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    • $398,000
      0.15 Acres

      Updated Triplex in Cheyenne, Wyoming

      Well-maintained triplex with strong rental history and potential.
      817 E 4Th St, Cheyenne, WY 82007
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    Similar Nearby for Lease

    • Contact for pricing
      6,707 SF

      Iconic Cheyenne Office with Warehouse

      Premier office and warehouse space in Cheyenne, Wyoming.
      7052 Commerce Pl, Cheyenne, WY 82007
      View Details
    • Contact for pricing
      4,500 SF

      Cheyenne Office Spaces For Lease

      Three office spaces available, can be combined or leased separately.
      1775 Goodnight Trl, Cheyenne, WY 82007
      View Details
    • New
      Contact for pricing
      5,210 SF

      Cheyenne Commercial Warehouse and Office

      Class-A warehouse and office space for lease in Cheyenne, WY.
      8610 Trucker Trl, Cheyenne, WY 82007
      View Details
    • $11 SF/Yr
      15,378 SF

      Cheyenne Industrial Space Available

      15,378 SF Multi-Use Industrial Space
      314 Evelyn St, Cheyenne, WY 82007
      View Details
    • Contact for pricing
      35,000 SF

      Power Park Industrial Land Tracts

      Five-acre industrial tracts for lease.
      5110 Badlands Dr, Cheyenne, WY 82007
      View Details
    • $17 SF/Yr
      20,000 SF

      Cheyenne Industrial Space Available

      9,509 SF Flex Warehouse, Prime Location
      2521 Granite Peak Dr, Cheyenne, WY 82007
      View Details
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    505 Williams St
    Cheyenne, WY 82007-3641
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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