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Property profile & analytics
OFF-MARKET
Estimated value
$7,340,000
Office buildings
5353 Yellowstone Rd Cheyenne, WY 82009-4178
Entity Owned
2-yr Hold
Free & Clear
Property ID
US95-0007756
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1995
Total area
101,500 SF
Lot
3.2 ac (139,309 SF)
Zoning code
CB
APN
16725000200072
UPID
US95-0007756
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
-
BLM Wyoming State Office Federal Government Office
-
US Land Management Bureau Sustainability Organization
-
US Animal Plant Inspection Services City Government Office
-
US Veterinary Services Veterinary Clinic
-
American Auto Glass of Cheyenne Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.50M
Comparable Approach
Comparable
$6.18M
Blend (final)
Blend
$7.34M
Owner & transaction history
Opi We Owner LLC · 2 yrs held
Opi We Owner LLC
since 2024
3 recorded transactions
Zoning & alternative use
CB · Cheyenne, WY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$9.2M
+102.2%
Restaurant
$8.3M
+82.3%
Medical building
$7.1M
+55.2%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,205,000
6.5%
$8,495,000
7%
$7,890,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,545,000
Current use
APARTMENT HOUSE (5+ UNITS)
$9,195,000
Change: +102% · Conversion: Easy
RESTAURANT
$8,285,000
Change: +82% · Conversion: Moderate
MEDICAL BUILDING
$7,055,000
Change: +55% · Conversion: Easy
AUTO REPAIR, GARAGE
$6,265,000
Change: +38% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,535,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$7.34M
Range $6.61M – $8.07M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$72 / SF
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
$95,800
Tax year 2023
Assessed value
$1,330,242
Assessed 2024
Previous assessed
$1,354,833
-1.8% YoY
Effective rate
7.20%
On assessed value
Assessed land
$61,942
Assessed improvement
$1,268,300
Land market value
$652,020
Improvement market value
$13,350,526
Total market value
$14,002,546
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1995
Heating
YES
Cooling
YES
Buildings
3
Stories
4
Units
1
Total area
101,500 SF
Lot
3.2 ac (139,309 SF)
Zoning code
CB
APN
16725000200072
UPID
US95-0007756
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.2M
RESTAURANT
Est. value
$8.3M
MEDICAL BUILDING
Est. value
$7.1M
AUTO REPAIR, GARAGE
Est. value
$6.3M
WAREHOUSE, STORAGE
Est. value
$4.5M
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Heating
YES
Cooling
Yes
Stories
4
Buildings
3
Units
1
Lot
3.2 ac
Current owner
From public records · entity-resolved
Opi We Owner LLC
Entity
Free & Clear · 2 yrs held
Mailing address
255 WASHINGTON ST STE #300, NEWTON, MA 02458-1634
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2024
—
Opi Ef Owners LLC
—
Deed
related
$567,429,000 · Us Bank NA
Jan 30, 2024
—
Opi We Owner LLC
Government Properties Income Trust
Limited Warranty Deed
—
Apr 29, 2009
—
Government Props Income Trust LLC
Hub Realty Funding INC
Warranty Deed
—
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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