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    Property profile & analytics

    5231 Yellowstone Rd Cheyenne, WY 82009-4736

    • Medical offices
    • 4,750 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US95-0341613
    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

    • Cheyenne Weight Loss / Weight Loss Service
    • Livin' Well Family Chiropractic / Chiropractor
    • Functional Health Specialists / Health Consultant / Wellness Center
    • Mrs. Heather Smith / Chiropractor
    • Marley Smith / Chiropractor

    Property Details for 5231 Yellowstone Rd

    Year built
    2018
    Lot size
    0.50 lot acres
    Property size
    4,750 SF
    Zone code
    CB
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    16725000200071
    APU
    16725000200071

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $375,000
      6.5%
      $355,000
      7%
      $355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $390,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $305,000
      Retail
      $410,000
      Mixed-Use
      $375,000
      Hospitality
      $370,000
      Educational
      $335,000
      Residential Income
      $380,000
      Energy
      $360,000
      Income-Based Land
      $420,000
      Food Service
      $420,000

    Location Insight

    • Map
    • Local Demand
    City
    Cheyenne
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.828
    Latitude
    41.1683
    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
    $7,794
    $13,551
    $94,632
    $108,183
    -
    $142,644
    $996,125
    $1,138,769

    Comparable in this City

    • Value Estimation by Request
      4,897 SF

      7123 Cmns Cir

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    • Value Estimation by Request
      5,667 SF

      7220 Cmns Cir

      MEDICAL BUILDING • 5,667 SF
      7220 Cmns Cir, Cheyenne, WY 82009-2673
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    • Value Estimation
      $705,000
      22,330 SF

      2003 Bluegrass Cir

      MEDICAL BUILDING • 22,330 SF
      2003 Bluegrass Cir, Cheyenne, WY 82009-7329
      View Details
    • Value Estimation by Request
      8,958 SF

      1760 Pr Ave

      MEDICAL BUILDING • 8,958 SF
      1760 Pr Ave, Cheyenne, WY 82009-4832
      View Details
    • Value Estimation
      $320,000
      1,900 SF

      1802 Spg Ct

      MEDICAL BUILDING • 1,900 SF
      1802 Spg Ct, Cheyenne, WY 82009-7346
      View Details
    • Value Estimation
      $350,000
      3,286 SF

      2500 Dell Range Blvd

      MEDICAL BUILDING • 3,286 SF
      2500 Dell Range Blvd, Cheyenne, WY 82009-5273
      View Details

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    Similar Nearby for Lease

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      Remodeled Office Space in Cheyenne

      Newly remodeled office space with multiple offices and amenities.
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      Frontier Mall: Prime Retail/Office Space

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      View Details
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    5231 Yellowstone Rd
    Cheyenne, WY 82009-4736
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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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