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Property profile & analytics
OFF-MARKET
Residential income homes
526 Melton St Cheyenne, WY 82009-4771
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US95-0002922
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1974
Construction
FRAME
Total area
1,850 SF
Lot
0.3 ac (13,174 SF)
Zoning code
HR-1
APN
14874001300062
UPID
US95-0002922
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
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
Kurt W Cockley · 7 yrs held
Kurt W Cockley
since 2019
4 recorded transactions
Zoning & alternative use
HR-1 · Cheyenne, WY
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
$2,935
Tax year 2023
Assessed value
$41,559
Assessed 2024
Previous assessed
$41,513
+0.1% YoY
Effective rate
7.06%
On assessed value
Assessed land
$5,698
Assessed improvement
$35,861
Land market value
$59,983
Improvement market value
$377,482
Total market value
$437,465
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1974
Construction
FRAME
Heating
FORCED AIR
Stories
1
Units
4
Bathrooms
4
Total area
1,850 SF
Lot
0.3 ac (13,174 SF)
Zoning code
HR-1
APN
14874001300062
UPID
US95-0002922
Jurisdiction
LARAMIE
Zoning & alternative use
HR-1 · Cheyenne, WYZoning HR-1 · permitted uses
HR-1 · Cheyenne, WY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
udc 2026 07 09
Building & site characteristics
From public records
Year built
1974
Construction
FRAME
Heating
FORCED AIR
Stories
1
Units
4
Bathrooms
4
Lot
0.3 ac
Current owner
From public records · entity-resolved
Kurt W Cockley
Individual
Free & Clear · 7 yrs held
Mailing address
1191 GRANITE SPGS RD LOT #27, CHEYENNE, WY 82009-8217
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2019
—
Kurt W Cockley
Cockley Manors LLC
Quit Claim Deed
related
—
Feb 21, 2012
—
Durla M Cockley
Beer,steven J
Warranty Deed
$162,500 · Wyoming Bank & Trust
Dec 8, 2008
—
Steven J Beer
Beer,shannon W
Quit Claim Deed
related
—
Jan 27, 2006
—
Steven J Beer
Tomanek,robert T
Warranty Deed
$246,000 · Cit Group Consumer Finance INC
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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